Independent journal on economy and transport policy
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Pacific International Lines sells Pacific Direct Line to Neptune Pacific Line
PDL operates containerized maritime services in the South Pacific
March 13, 2020
"This acquisition - commented the administrator Neptune Pacific Line delegate - supports our vision long-term work to create the most robust better regional network of maritime and maritime transport services Pacific Islands. By acquiring PDL we can further develop our main transport network providing services on fixed days and increasing the use of fleets, allowing us to continue to propose Competitive. PdL's extensive logistics network will allow us to to support our customers in all their needs supply chain."
"The divestment of PDL - explained the executive chairman Pacific International Lines CEO Teo Siong Seng - is part of our strategic initiative that allows GDP to focus its resources on growth markets in Asia, the Middle East, Africa and south America." However, Seng pointed out that for GDP, the divestment does not represent a withdrawal from the South Pacific region, but On the contrary, the group will continue to enhance its services Asia and Oceania, including the Pacific Islands Southern.
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"This acquisition - commented the administrator Neptune Pacific Line delegate - supports our vision long-term work to create the most robust better regional network of maritime and maritime transport services Pacific Islands. By acquiring PDL we can further develop our main transport network providing services on fixed days and increasing the use of fleets, allowing us to continue to propose Competitive. PdL's extensive logistics network will allow us to to support our customers in all their needs supply chain."
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
