apl

CMA to buy NOL

CMA CGM is to acquire Singapore-based rival container shipping operator Neptune Orient Lines (NOL) for S$1.30 a share, in a transaction that has been unanimously approved by the NOL Board. It will result in a company with a combined turnover of U$22 billion and a fleet size of 563 vessels with a capacity of almost 2.4 million teu, said the French-based line. The move will result in “significant operational synergies” ... [+]

APL to be sold?

Speculation is rising that Singapore state investment arm Temasek is considering selling container shipping line NOL-APL, in which it holds a majority stake. It follos the sale in May of the separate APL Logistics business to Kintetsu. There have also been suggestions that a merger between APL and OOCL is ... [+]

APL opens Jakarta station

APL Logistics has opened a new container freight station (CFS) at Jakarta’s Tungya Collins Terminal. It extends APL Logistics' footprint in Indonesia where it offers export consolidation and warehousing services and also complements APL Logistics' facilities across Asia as a sourcing hub for both international and domestic distribution. The CFS ... [+]

G6 goes for Southampton and A.N. Other

The G6 Alliance (APL, Hapag-Lloyd, Hyundai, MOL, NYK and OOCL) has released details of port rotations for its proposed services on the Transatlantic and Asia-North America West Coast routes, announced in early December last year. Subject to the completion of regulatory review process, the 17 services are scheduled to start ... [+]

APL reorganises

NOL Group shipping line APL is to move from a geographically-organised structure to a functional one. New management functions will be Trade, Commercial, Operations, Procurement and Planning & Strategy. A new management team, led by APL president, Kenneth Glenn comprises Peter Jongepier, chief commercial officer; Calvin Leong, chief trade officer; ... [+]

G6 to go Transatlantic

The G6 Alliance of container shipping lines is to expand its cooperation to the Asia-North America West Coast and Trans-Atlantic trade lanes. Some 42 ships will be deployed across five services including two pendulum services in the Trans-Atlantic trade lane calling at 25 ports covering the US East Coast, US ... [+]

APL appoints European president

Shipping line APL has appointed Peter Jongepier as regional president of its business in Europe. Mr Jongepier, who has been managing director of APL’s Benelux office, will be responsible for APL’s commercial activities in Europe the former Soviet Union and Turkey. He will be based in Uxbridge in the UK. [+]

G6 extends to Transpacific

One year on from its formation on the Asia-to-Europe trade lane, the G6 Alliance is to expand its cooperation to the Asia-to-North America East Coast trade. The G6 - APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Orient Overseas Container Line - will deploy more than ... [+]

G6 takes out Loop 3

The G6 Alliance of container lines - APL, Hapag-Lloyd, Hyundai, Mitsui O.S.K, NYK and OOCL – is to temporarily suspend its Loop 3 service between the Far East and Europe until further notice to cover for winter vessel maintenance. It added that it would “monitor the market closely” before deciding when to resume the service.   [+]