PIL Inks MOU with China Development Zone
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 two new weekly services, branded as ACS and AC5, will each cover Central and South China to the US West Coast in 42 round voyage days with 12 vessels of 6,500-10,000 teu in capacity, MANA correspondent reported.
The port rotation for ACS is Qingdao, Shanghai, Ningbo, Los Angeles, Oakland, and back to Qingdao, commencing on 3 April.
The port rotation for AC5 is Xiamen, Nansha, Hong Kong, Yantian, Long Beach, Oakland, and back to Xiamen, commencing on 4 April.
PIL pointed out that the two services will be complemented by three other transpacific loops made available on the slot exchange agreement to improve frequency and overall coverage.