PCL is pleased to announce our collaboration with ABS with the signing of a joint development project (JDP) to study methanol as an alternative fuel for the PCL fleet. Mr. Hor Weng Yew, CEO of PCL said, “ This partnership with ABS and PaxOcean is part of PCL's commitment to achieving carbon neutrality by 2050 or earlier. With methanol gaining maturity as a marine fuel, we believe it has great potential to significantly reduce our carbon footprint in the short to mid-term. This study will serve to identify the options we have to adapt our existing ships to handle methanol effectively and safely.”

Refer to here for a full copy of the press release.

#PCL #pacificcarrierslimited #decarbonisation

Happy 2023 to everyone and may you ring in the new year with positivity and new beginnings! PCL has wrapped up 2022 with an exuberant Year-end Party attended by more than 100 staff including spouses and children. Cosy, relaxed vibes filled the air drowning out any poignant reminder of the passing of time, the end of 2022. It was an amazing evening as everyone wound down to celebrate over drinks and dinner. Children’s happy faces and laughter, boisterous cheers and revels resonated throughout the night. This year, no doubt that life is still going to throw us curveballs but as One Team, let us stay united to achieve new goals, and record new milestones as we begin a new adventure with purpose!

#PCL #pacificcarrierslimited #happy2023

Before the year comes to a close, PCL's senior leaders including its CEO Mr. Hor Weng Yew, Fleet Director, Capt. Lee Chee Seong, Senior General Manager of Fleet Management, Mr. Tan Kian Chai and General Manager for Tanker and Gas, Mr. Rohit Radhakrishnan attended the staff engagement seminars in Manila and Jakarta.

PCL has delivered strong performance to cap off a year of significant progress as Mr. Hor delivered updates on the Company's financial performance, strategic direction and vision as well as the operational focus in the new year. Our senior executives were also present to share transformational shifts in the industry and business environment, and the importance to adapt to changes in agility.

Ensuring safety and operational excellence is central to the ethos of PCL and our people have always been a part of our journey of growth and the key enabler of high performance. Broader market volatility may continue through 2023, we believe our dedicated team at sea and ashore in tandem with our entrenched core operational reliability will continue to help us navigate new challenges, drive growth and deliver value to our stakeholders.

#PCL#pacificcarrierslimited#staffengagement#growth

PCL wishes everyone a Happy Diwali! May this brilliant Festival of Lights brighten your days, light up new hopes and shower you with good health, joy and peace.

#PCL #pacificcarrierslimited #diwali2022

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