PACIFIC INTERNATIONAL LINES(PTE)LTD.

Pacific International Lines

The container ship Kota Lambai, one of Pacific International Lines' ships
Type	Private
Industry	Container shipping Marine transportation
Founded	March 16, 1967; 59 years ago
Founder	Chang Yun Chung
Headquarters	Singapore
Number of locations	500 locations
Area served	Worldwide
Key people	Teo Siong Seng (Executive Chairman) Lars Kastrup (Chief Executive Officer)
Number of employees	6900
Subsidiaries	Mariana Express Lines (MELL) Malaysia Shipping Corporation (MSCorp) PIL Logistics Singamas Container Holdings Limited (Singamas)
Website	pilship.com

Pacific International Lines (PIL) is a Singaporean shipping company incorporated in Singapore on 16 March 1967. It was founded by Singaporean entrepreneur Chang Yun Chung, who was the world's oldest billionaire until he died at 102 in September 2020.

History

When the company was founded in March 1967, the company originally operated just two ships, but constantly expanded to finally celebrate its first 50 years of history in 2017, and ranking within the first 10 largest container shipping lines.

In March 2015, PIL partially took over the ownership of Singapore's Mariana Express Lines (MELL). According to the deal, PIL assumed the majority shareholding. MELL has continued to operate under its own brand and pre-existing business, as agreed internally at the time of the purchase.

In June 2017, PIL and COSCO entered into a mutual chartering agreement, to supply and exchange vessels during shipping demand peak times.

In February 2018, as forerunner in IT improvements, PIL has implemented a blockchain supply platform to share established data with DP World - Port of Singapore via IBM systems.

Fleet

PIL has a fleet of around 101 vessels (container vessels) with a capacity of more than 300,000 twenty-foot equivalent units (TEUs). PIL has also taken delivery of 12 vessels of 11,800 TEU. The company employs over 6900 staff globally, regularly serving about 500 ports in nearly 100 countries worldwide.