PACIFIC International Lines has announced it will be withdrawing its services from the trans-Pacific market, as part of efforts to “optimise its network efficiency”.
PIL’s last trans-pacific sailing is to be in March 2020.
“The company has taken this decision as part of a wider strategic review of its business,” PIL said in a statement.
“Henceforth, PIL will focus on further strengthening its position in the north-south Trade such as Africa, Middle East / Red Sea, India Sub-Continent, Latin America, and Oceania.”
PIL is in the world’s top 10 containership operators and is the largest shipowner in Southeast Asia. It owns and operates a fleet of around 150 box ships, bulkers and multi-purpose vessels, serving more than 500 locations in over 90 countries worldwide.