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.

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.
20 Feb 2014
The six members of the G6 – Hapag-Lloyd, NYK Line, OOCL, Hyundai Merchant Marine, APL and Mitsui O.S.K. Lines – today released details on the port rotations...
20 Feb 2014
NOL Group posted a fourth quarter loss of $137 million, which was $46 million bigger than the $91 million loss in the same period last year, as revenue from its container shipping business was hit by overcapacity and falling freight rates.
Cargo containers on a ship
04 Feb 2014
Based on SeaIntel’s monthly Global Liner Performance reports from 2013, container ships reached their destination ports around the world on time 79.5 percent of the time in 2013...
Container ship
31 Jan 2014
Container ships arrived at their destination ports across the globe on time 73.7 percent of the time in December 2013...
29 Jan 2014
Member carriers in the Transpacific Stabilization Agreement plan to increase Asia-U.S. rates by $300 per FEU, effective March 15...
15 Jan 2014
The U.S. Federal Maritime Commission today requested more information from the G6 Alliance of ocean carriers on their plans to share vessel space and cooperate more closely on trade routes between Asia and the U.S. West Coast and between Europe and the U.S. East Coast.
Port of Hong Kong
15 Jan 2014
As part of a slot sharing agreement, seven container lines will cooperate on three existing Far East-to-Indian subcontinent services, effective in February 2014.
10 Jan 2014
APL will move from its current geographically organized structure to a functional one, according to the Singapore-based container line.
16 Dec 2013
Will there be a CKYH-E?
09 Dec 2013
The G6 Alliance laid out an aggressive blueprint for expanding in the U.S. market, saying it could establish a joint operations center similar to the P3 alliance and could jointly negotiate for terminal space, shipbuilding, as well as barge, transshipment and other services.
Thumbnail for G6 v P3 infographic
05 Dec 2013
The G6 Alliance is taking steps to counter the planned P3 Network in a battle for east-west dominance.