It was founded by Singaporean entrepreneur Chang Yun Chung, who was the world’s oldest billionaire until 2020.

When the company was founded in March 1967, the company originally operated just two ships, but hanks to continuous expansion and development, PIL now owns a fleet of nearly 100 vessels (container, dry bulk, multi-purpose vessels) with a capacity of more than 400,000 twenty-foot equivalent units (TEUs), entered the list of 10 largest container shipping lines in 2017 and is currently ranked 12th in the list.

The company has more than 18,000 employees, regularly serving about 500 ports in nearly 100 countries around the world.

The company mainly focuses on China, Asia, Africa, Middle East, Latin America and Oceania.

In addition to the core business of shipping, PIL also has a number of other business units such as container production, warehousing and logistics services.

PIL is one of the very first foreign shipping lines to enter China before the opening of the country. Currently, PIL offers customers 23 container liner sailings a week out of China, and it has 25 registered branches in the country, including its regional headquarters in Shanghai.

Today, PIL’s services cover close to 30 countries in Africa, with focus on East, West and South Africa, and has 12 container liner and feeder services a week out of Africa.

According to pilship.com, Wikipedia