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PIL presents details of state aid package totaling USD 600 million

Pacific International Lines (PIL) is in talks with the state in Singapore to land a USD 600 million aid package, which will secure the debt-plagued container line's long-term survival, reveals a presentation sent to creditors.

Photo: Roslan Rahman/AFP/Ritzau Scanpix

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Port of Rotterdam awards bunker licenses to 27 companies

Europe's biggest port now presents a list of 27 companies that have secured permission to operate bunker barges in the port. The licenses have been introduced as part of the efforts to get better control of the port's bunker business.

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