Pacific International Lines (PIL) has sold its liner shipping business Pacific Direct Line (PDL) to Neptune Pacific Line (Neptune).
PDL specializes in providing liner shipping services to the South Pacific region, with additional bolt-on businesses allowing PDL to offer a one-stop shop for clients. It also offers services in shipping, shipping agencies, cruise agencies, container depots, warehousing, and stevedoring.
Its Pacific network spans from Australia to Tahiti, as far north as Micronesia, and back to New Zealand in the south.
Neptune has stated that combined business will seamlessly link transport, warehousing, depots, and customs clearance services and fully integrate customers’ supply chains across 18 South Pacific markets.
The acquisition of PDL will strengthen Neptune’s Melanesian and Polynesian network, provide a link to Micronesia and the French territories, and enhance connectivity to global markets via strategic hubs in New Zealand and Fiji.
With the acquisition of PDL, Neptune will now have a specialized fleet of nine vessels dedicated to South Pacific Island trades and a team of more than 800, most of whom are based in supply chain services in the region.
Source: worldmaritimenews.com
