Pacific International Lines (PIL) incorporated in 1967 has developed from a coastal ship-owner/operator in Singapore to become one of the largest ship-owners in Southeast Asia. Today, it is ranked15th amongst the top containership operators in the world, offering container liner services and multi-purpose services at over 500 ports/locations in 100 countries worldwide. PIL has diversified into logistics related activities such as supply chain management, consolidation/distribution facilities, warehousing, multi-modal services, container depot/terminal operations as well as having interest in ship-agencies worldwide, container manufacturing/repairs, ship recycling, marine services and real estate.As of August 2013, PIL owns or operates a fleet of 193 vessels with a total TEU capacity of 385,045 and a marine container fleet of more than 532,711 TEUs. 18 new container vessels with a total capacity of 68,600 TEUs, 2 new multi-purpose vessels which will be delivered by December 2015.