Pacific International Lines (PIL) has told Japanese shipowners its regular bareboat charter payments will be delayed because its main Chinese banks have been disrupted by the coronavirus.
The problem appears to be the latest indication of how Covid-19 is disrupting shipping.
According to Japanese media reports, which were corroborated by local sources, PIL has notified the owners of vessels it operates under bareboat charter deals that it has run into problems securing funds from its main Chinese banks.
