Container

Court in Singapore approves PIL's large-scale rescue plan

The Singapore High Court has approved the agreement, which will make strained container line PIL financially able to compete in the container market once again.
Photo: PR / Pacific International Lines
Photo: PR / Pacific International Lines
by DAG HOLMSTAD

One of the last obstacles have now been resolved before South-East Asian container line Pacific International Lines (PIL) is once again in possession of the financial strength to compete in the container market.

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