Pacific International Lines’ (PIL) has announced it is suspending its operations in Transpacific as part of a "wider strategic review" of its business.

"As part of PIL's continuous effort to optimize its network efficiency, the company will be withdrawing its services from the Transpacific market," the Singapore-based shipping company said in a short statement.

As a result of this service re-alignment, PIL’s last Transpacific sailing will be in March 2020.

PIL said it will focus on further strengthening its position in the North-South Trade such as Africa, Middle East / Red Sea, India Sub-Continent, Latin America, and Oceania.

Pacific International Lines is in the world’s top 10 containership operators and is the largest shipowner in Southeast Asia.

PIL owns and operates a fleet of around 150 containerships, bulkers and multi-purpose vessels, serving more than 500 locations in over 90 countries worldwide.