Freight News, Sea

APL to be sold?

[ July 27, 2015   //   ]

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 being considered, although these have since been played down.

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