Singaporean shipowner Chang Yung Chung (YC Chang), the founder of Pacific International Lines (PIL), has died at the age of 102.

His family said that he died peacefully in his sleep.

Shipowner YC Chang (left) died at age 102. Photo: PIL

Chang incorporated PIL in in 1967 as a shipowner and operator in the coastal trades.

Alphaliner now ranks PIL as the 10th largest container liner company by total capacity.