APL

APL is the world’s seventh-largest container shipping company founded in 1848 with approximately 150 vessels, operating in over 140 ports worldwide. The company employs more than 13,000 individuals.

APL, which is a wholly owned subsidiary of Singapore-based NOL Group — one of the Top 50 global transportation and logistics companiesposted revenues of US$8.83 billion in 2013, down 7.2 percent from the previous year. The company recorded a net loss of $76 million, down 81.5 percent from the previous year’s net loss of $412 million.

APL was the fourth-ranked container carrier in U.S. containerized import trade in 2013, with volume of 1,235,623 TEUs, down 1.4 percent year-over-year, giving it market share of 6.8 percent. It was No. 5 in U.S. containerized export trade in 2013, with volume of 784,135 TEUs, down 0.5 percent year-over-year, and market share of 6.1 percent. For more carrier rankings, see the JOC’s Top 40 Container Carriers special topic.

24 Nov 2014
The Philippine’ cabinet cluster on port congestion directed by cabinet secretary Jose Rene Almendras will gather for a port forum on November 27 in Manila as officials struggle to address the bottlenecks that have troubled the gateway since late February.
05 Nov 2014
APM Terminals is postponing its “main strategic event in 2014” — the opening of a state-of-the-art container terminal in Rotterdam — to 2015.
31 Oct 2014
NOL Group today reported a third-quarter net loss of $23 million but managed to reduce its core earnings before taxes by 31 percent through cost management and efficiency that have delivered $290 million in savings so far this year.
27 Oct 2014
Bunker fuel surcharges are falling along with the drop in fuel prices, according to Catapult International which tracks ocean surcharges.
Weekly wrap-up: LA-LB congestion, ILA’s Daggett and Nicaragua canal
25 Oct 2014
Terminal congestion at the ports of Los Angeles and Long Beach was clearly on the minds of JOC.com readers again this week, with six of the Top 10 stories focusing on the issue.
07 Oct 2014
Carriers serving the trans-Pacific westbound trade from the U.S. to Asia will attempt to raise rates as of Nov. 1, arguing that rates currently “fall well below breakeven levels.”
22 Sep 2014
The savings to be gained from a container line getting more miles to the gallon are immense, as Singapore's NOL Group can attest with $1.2 billion in cuts, and half of that came from bunker and network savings at its APL liner division.
14 Sep 2014
An estimated 300,000 40-foot reefer containers are expected to be added to the global fleet by 2018 as strong demand for perishables drives the business and improving technology enables their long distance transport.
10 Sep 2014
APL has announced a steep increase in its congestion surcharges imposed earlier on import containers handled at the Indian ports of Jawaharlal Nehru (Nhava Sheva) and Pipavav...
Weekly wrap-up for Aug. 23, 2014
23 Aug 2014
In the latest instance of drayage-related disruption, violence flared at Ningbo’s Beilun Container Port as thousands of striking truck drivers clashed with riot police and smashed the windshields of trucks crossing a picket line. The past week’s protests brought the world’s sixth-largest container port to a standstill, with carriers reportedly diverting ships.
22 Aug 2014
APL and OOCL have imposed surcharges on import containers bound for India’s northern hinterland region.
20 Aug 2014
Overall capacity operated by the Top 21 container carriers increased 5.6 percent or 847,000 TEUs in the last 12 months, according to industry analyst Alphaliner’s latest newsletter, furthering chronic overcapacity in the container shipping market.