It provides structured financing solutions to established shipping companies, thereby generating visible and stable cashflow stream through long-term charters. By acquiring vessels and leasing them to reputable charterers on long-term bareboat or time charters, PST seeks to generate a steady stream of high-yielding income for its Unitholders.

PST is sponsored by Pacific International Lines Pte Ltd (PIL), Singapore's second largest container shipping company and the 19th largest in the world.

Currently PST owns 12 container vessels – a young fleet with an average age of four years - which it bought and bareboat chartered back to PIL for periods ranging between eight and 10 years.

PST can leverage on PIL's relationships in the shipping industry as it seeks to expand through further ship acquisitions either from PIL or third parties.