Global schedule reliability of container lines deteriorated by 8.4 percentage points to 74.5% in 2017, down from 82.9% in 2016, according to SeaIntel Maritime Analysis.

Wan Hai Lines has announced the launch of a new China-India Service, while RCL has entered a slot exchange arrangement with Inter Asia Lines (IAL) on its new China to Chennai service.

Pacific International Lines (PIL) has taken delivery of another two of its series of 11,800 teu newbuildings which will be deployed on the Far East-US ACS service.

Bunker hedging is presented as a form of risk management but is fair to say Singapore shipowner SS Teo would not agree in terms of its effectiveness.

Pacific International Lines (PIL) boss SS Teo says that being “alliance neutral” gives it the advantage of flexibility as it remains one of the few major container lines that is truly independent.

China’s Cosco Shipping Lines Company and Singapore’s Pacific International Lines (PIL) have entered into a mutual time-charter agreement involving 12 vessels in light of their respective business needs.

Pacific International Lines (PIL), PSA International (PSA) and IBM Singapore (IBM) have signed a memorandum of understanding (MOU) on Monday to explore and trial proof of concept blockchain-based supply chain business network innovations.

Niche container carrier Wan Hai Lines was the most reliable in Q2 as overall reliability for the sector improved according to analysts SeaIntel.

Pacific International Lines (PIL) will introduce two new China transpacific services starting 3 April 2017 to be operated in a joint cooperation under vessel sharing agreement.

Singapore’s largest owner by fleet value is Pacific International Lines (PIL) according to VesselsValue.com.