Pacific International Lines poised to spend over $700m on a series of new container ships
December 1, 2024PIL is said to have inked a letter of intent with Hudong-Zhonghua for five LNG dual-fuelled vessels
Singapore’s Pacific International Lines (PIL) is set to return to Hudong-Zhonghua Shipbuilding for more container ship newbuildings.
The Singaporean liner company is said to have pencilled a provisional newbuilding contract with the Chinese shipyard for five LNG dual-fuelled 9,000-teu container carriers worth more than $700m.
SOURCE : TRADEWINDS
Wow!!! $700m huge investment!!! PIL must have big plans for the future.
Yeah, it will make their company bigger.