Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

PIL exiting the Asia - Europe trade

f36d786350669fef239b5790a6102f39
Singapore container line Pacific International Lines (PIL) is withdrawing from the Asia – Europe trade from April.

According to analyst Alphaliner PIL will stop serving the Asia – Europe trade after 15 years. It currently serves the trade via slots with Cosco on the Ocean Alliance NUE3/AEU3 service and the last sailing with PIL cargo will be 7 April departing Ningbo and arriving Antwerp on 10 May.

The move by PIL will have no impact on capacity on the Asia – Europe trade with Cosco expected to take back the roughly 500 teu per week sold by PIL, Alphaliner said.

newsletter

PIL first entered the Asia – Europe trade in 2004 with Wan Hai in a joint service. Since June 2011 PIL has served the trade through a slot share Cosco.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish