Overview

Pacific International Lines (PIL) is a privately owned shipping and logistics company headquartered in Singapore. Founded in 1967 by Chang Yun Chung, it started with just two vessels and has grown into one of Asia’s largest shipping lines. Today, PIL provides container shipping, liner services, logistics solutions, and container manufacturing.

History & Milestones

Founded in 1967 in Singapore.

Expanded steadily from a small regional operator into a global carrier.

Acquired a majority stake in Mariana Express Lines (MELL) in 2015, which continues to operate under its own brand.

Formed a chartering partnership with COSCO in 2017, allowing vessel sharing and greater operational flexibility.

Pioneered technology initiatives such as blockchain trials for supply chain transparency.

Operations & Reach

Serves over 500 locations across more than 90 countries.

Strong presence in Asia, Southeast Asia, China, Africa, the Middle East, Oceania, and parts of Latin America.

Operates both long-haul liner services and feeder services that connect smaller ports.

Offers integrated logistics solutions including inland transportation, warehousing, customs clearance, and supply chain management.

Fleet & Assets

Operates a fleet of container vessels, as well as multipurpose and general cargo vessels.

Investing in fleet renewal, with orders for LNG dual-fuel ships to meet stricter environmental standards.

Owns Singamas, a container manufacturing arm that produces containers and related equipment.

Financials & Challenges

Has faced financial pressures from market volatility, fuel price increases, and capital expenditures.

Restructured through asset sales and securing credit lines to stabilize operations.

Recently reported strong earnings, reflecting improved market conditions and internal reforms.

Leadership

Executive Chairman: Teo Siong Seng

Chief Executive Officer: Lars Kastrup

Remains a private company and operates independently of the major global shipping alliances.

Strategic Focus & Future

Sustainability: Investing in LNG dual-fuel vessels and greener technologies.

Fleet Renewal: Replacing older ships with modern, fuel-efficient vessels.

Digitization: Leveraging technology for improved visibility, efficiency, and reliability in logistics and shipping services.