The story
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.
From Wikipedia’s article on Pacific International Lines, shared under CC BY-SA 4.0.3
