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 May 2016
APL has unveiled a new tool to help shippers understand SOLAS around the globe.
06 May 2016
“The difficult market condition is prompting consolidation and changes in alliances in the industry. While APL continues to make progress in taking out costs and improving yield, the proposed acquisition of APL by CMA CGM will help APL achieve scale to stay competitive in the industry,” NOL Group President and CEO Ng Yat Chung said.
29 Apr 2016
CMA CGM, the third-largest global container line, got the go-ahead on Friday from the European Union to acquire Neptune Orient Lines, the parent company of APL, but with one condition.
SOLAS verified gross mass VGM IMO container weights APL
25 Apr 2016
U.S. agriculture exporters’ push for a so-called “rational” method to a new container-weighing rule suffered a blow after APL said in a guidance to shippers that it wouldn't allow customers to provide the weight of goods and packaging to the container line, which would then add that figure to the tare weight of the container.
31 Mar 2016
Container lines in the G6 Alliance have canceled additional sailings on Asia-Europe routes where demand has been slack and rates have plunged to rock-bottom levels.
25 Feb 2016
A look at the 2015 performance of three major carriers — Maersk Line, OOCL and APL — reveals the extent of the decline in average revenue per 20-foot container transported that low bunker prices were unable to offset.
23 Feb 2016
Neptune Orient Lines posted a $707 million net profit for 2015 as the sale of its logistics unit lifted annual earnings by $888 million, but collapsing freight rates in the fourth quarter and falling volumes hit the liner business hard.
16 Feb 2016
CMA CGM and Cosco are leading efforts to create a new vessel-sharing alliance that could include Evergreen Line and OOCL and would shake up three of the four major east-west carrier groupings, the Alphaliner newsletter reported.
04 Jan 2016
Former American President Lines CEO W. Bruce Seaton, who pioneered the post-Panamax container ship and scheduled transcontinental stacktrains, died Dec. 26 at the age of 90 in Greenbrae, California.
04 Jan 2016
The U.S-flagged APL Guam called at the island of Guam for the first time on Jan. 1 to mark the maiden inbound shipment to the Western Pacific island as part of the carrier’s Guam Saipan Express (GSX) service.
16 Dec 2015
To mitigate service disruptions caused by potential consolidation, APL, CMA CGM, China Shipping Container Lines and Cosco could elect to participate in more than one major alliance during a transition phase, Federal Maritime Commissioner William Doyle said last week.
14 Dec 2015
CMA CGM’s $2.4 billion acquisition of Neptune Orient Lines and the forthcoming merger between state-owned Cosco and China Shipping are unlikely to spur a fresh round of consolidation in container shipping, according to Drewry.