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Shipspotters all over the world => Shipping News and information => Topic started by: machet on November 13, 2020, 05:21:37 PM

Title: Pacific international line
Post by: machet on November 13, 2020, 05:21:37 PM

Hello
What is the situation about PIL ?? A sale to another company or bankrupcy ?
thanks
bruno

Title: Re: Pacific international line
Post by: davidships 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 (https://www.joc.com/maritime-news/container-lines/pil-warns-likely-collapse-if-creditors-reject-restructuring-plan_20201111.html)

Title: Re: Pacific international line
Post by: machet on November 17, 2020, 03:32:33 PM

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

bruno

Title: Re: Pacific international line
Post by: machet 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