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Author Topic: Pacific international line  (Read 1058 times)
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machet
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« on: November 13, 2020, 05:21:37 pm »

Hello
What is the situation about PIL ?? A sale to another company or bankrupcy ?
thanks
bruno
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davidships
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« Reply #1 on: November 14, 2020, 12:23:09 am »

Latest I can find:
https://www.joc.com/maritime-news/container-lines/pil-warns-likely-collapse-if-creditors-reject-restructuring-plan_20201111.html
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machet
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« Reply #2 on: November 17, 2020, 03:32:33 pm »

Hi
It seems that PIL is on the way to bankrup.

bruno
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machet
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« Reply #3 on: November 18, 2020, 04:36:55 pm »

PIL REPORTS $120 millions of loss for 6 months.
May be buyers like CMA CGM or COSCO will be interested in buying company ??
Wait and see
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