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Cosco has bought several container factories from its smaller competitor PIL. Alphaliner sees the transaction as a possible sign of a coming sale of family-owned PIL.
After 15 years, Singapore-based shipping line PIL is withdrawing from the important trade route between Asia and Europe. This will not resolve problems with overcapacity, says Alphaliner.
Family-owned container carrier Pacific International Lines (PIL) has joined forces with IBM in a new project that aims to reduce paperwork related to handling documents between shipping companies.
Analyst firm Alphaliner points to Singapore-based Pacific International Lines (PIL) as the most obvious acquisition candidate among the four carriers currently not part of the major alliances in the container market. However, the owning family told ShippingWatch in May that a sale was not in the cards.
Container shipowners' reliability on the three major East-West services in March reached the highest level in five months, but there is still room for improvement, says Drewry. Maersk Line was once again in the lead.
Containerredernes pålidelighed på de tre store øst-vest ruter ramte i marts det højeste niveau i fem måneder, men der er stadig rigelig plads til forbedringer, vurderer Drewry. Maersk Line sluttede igen på toppen.
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