The Business Times
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PIL among boxship operators in rough seas as Covid-19 turns off cash flow

Published Tue, Apr 14, 2020 · 09:50 PM

    Singapore

    AS WORK stoppages from the Covid-19 pandemic deliver a body blow to global boxship operators, Singapore's Pacific International Lines (PIL) has been forced to fend off rumours about a potential bankruptcy.

    "These rumours are totally false," PIL clarified in a statement on Tuesday directed at reports that had been circulated on social media.

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