PIL Inks MOU with Guangzhou Nansha Development Zone

Image Courtesy: PIL

Singapore-incorporated shipping company Pacific International Lines (PIL) has signed a memorandum of understanding (MOU) with China Guangzhou Nansha Development Zone to explore business opportunities and the development of a shipping/logistics base in the Nansha New Area.  

The MOU also aims at increasing trade cooperation and deepening business ties between PIL and the development zone, the shipping firm said.

Located 38 and 41 nautical miles from Hong Kong and Macau, Nansha New Area is one of three development zones that came together to form the China (Guangdong) Pilot Free-Trade Zone.

Furthermore, PIL revealed that it plans to upgrade its China Transpacific trade lines, starting from April 2017. Under a vessel sharing agreement (VSA), the company will launch ACS and AC5, two new weekly services, on April 3 and April 4, respectively.

Each of the two services will link Central and South China to US West Coast in 42 round voyage days. Twelve vessels with a capacity ranging from 6,500 to 10,000 TEUs will be deployed in the services.

Port rotation of the ACS service will be as follows: Qingdao, Shanghai, Ningbo (China), Los Angeles, Oakland (USA), Qingdao.

The AC5 service will include the following ports: Xiamen, Nansha (China), Hong Kong (Hong Kong), Yantian (Yantian), Long Beach, Oakland (USA), Xiamen.

The two services are complemented by three other Transpacific loops under a slot exchange arrangement, according to PIL.

PIL owns and operates a fleet of 155 vessels, comprising 136 containerships and 19 bulk carriers/ multi-purpose vessels.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

BWMTech North America

Are you operating to international standards? Clarify regulations. Plan BWMS integration…

read more >

NEVA 2017

The diversity of the Conference Programme is well-rounded by a broad spectrum of topics including Commercial Shipbuilding, Offshore and Marine…

read more >

LIQUEFACTION OF BULK CARGOES SEMINAR

GET TO GRIPS WITH:
– Mechanisms behind liquefaction
– Guidelines and regulations for bulk cargoes prone to liquefaction…

read more >

Seatrade Offshore Marine & Workboats Middle East

The largest event for offshore marine and workboat sectors in the region, Seatrade Offshore Marine & Workboats Middle East will, once again, serve as a meeting point for international industry professionals to come together and do business. Our 2017 show promises a wealth of networking opportunities, high-level discussions in our conferences on important industry trends, […]

read more >