Singapore’s Pacific International Lines refutes bankruptcy rumours

Photo: Pacific International Lines

Pacific International Lines (PIL) has stated that recently circulating rumours about the company’s potential bankruptcy are totally false and that the information and content derived therefrom are unfounded.

In a statement dated April 14, the Singapore-based shipowner urged the public not to spread any fake news and misinformation. It further claimed it reserves the right to pursue legal actions against those who generate and spread any “defamatory” rumours and related false information.

PIL added that, as the Covid-19 situation in China continues to improve, PIL and all its China subsidiaries have fully resumed operations on March 9, 2021.

The company assured the public that it has been making “steady progress” and that it is preparing for what it calls “a strong rebound” post-pandemic.

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