Taiping shipping announced its withdrawal from the trans Pacific market

- Feb 20, 2020-

PIL has formally decided to terminate its transpacific trade business, focusing on its advantageous routes such as Southeast Asia and Africa.            

PIL's last trans Pacific Voyage service will be in March this year, the last voyage of the route: AC5 - Kota Petani v0011, expected to arrive at Cal MEP on March 2, expected to arrive at long beach on March 24.            Taiping shipping pointed out that the company decided to adjust its business and will focus on strengthening its position in North South trade in the future, such as Africa, the Middle East, the Red Sea, India, Latin America and Oceania. According to the latest statistics of alphaliner, a French shipping consultancy, yesterday 17, the total capacity of Pacific Shipping (PIL) is 391682teu, accounting for 1.7% of the world's total, ranking ninth in the world.