PIL orders two containerships from China, its first newbuilds in seven years

Photo: PIL

26/01/2022

Singapore’s Pacific International Lines (PIL) has placed newbuilding orders for the first time in seven years, after seeing its fortunes revived amid the soaring freight market.

Sources at Jiangnan Shipyard, part of the state-owned China State Shipbuilding Corporation, confirmed to The Loadstar that PIL has ordered ...

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