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Transportation Company - NOL/NLS - Container Logistics

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Transportation Company - NOL/NLS - Container Logistics
Company Name NOL/NLS
Category Container Logistics
Year Founded 1968
Final Year of Operation 2016
Termination Merged
Successor/Parent CMA CGM (Details)
Country Singapore (Details)

Company History: In December 1968, Neptune Orient Lines was started as Singapore's national shipping line. Wholly owned by the Singapore Government, it was formed in an effort to develop and support Singapore's economy
Following the merger, APL name was adopted as the public brand name. The NOL name was retained for the holding company, which was listed on the Singapore stock exchange and was well known to its investors. The company focused on managing global supply chains in 2001 when APL Logistics was established as a separate business unit.
On 17 February 2015, APL Logistics was sold to Kintetsu World Express, Inc.
2016 Temasek tendered its NOL shares to CMA CGM

Successor/Parent History:
CMA CGM S.A. is a French container transportation and shipping company. It is the world’s 3rd largest container shipping company, using 257 shipping routes between 420 ports in 160 different countries. Its headquarters are in Marseille, France and its North American headquarters are in Norfolk, Virginia.
CMA CGM, was founded in 1996 as a merger of the Compagnie Générale Maritime (CGM) et the Compagnie Maritime d'Affrètement (CMA).
Compagnie Générale Transatlantique, the predecessor company to Compagnie Générale Maritime (CGM), at one time carried passengers on liners such as the 'Normandy' or the 'France'. CGM maintained only its cargo business when the French government decides to privatise it in 1977.
CMA was created in 1978 by Jacques Saadé as an intra-Mediterranean liner service operator, based in Marseille. After the merger, Jacques Saadé became the first chairman of CMA CGM. He was succeeded in this position by his son Rodolphe in 2017.

Read more on Wikipedia

Brief History:
the Republic of Singapore, is a sovereign city-state and island country in Southeast Asia.
Stamford Raffles founded colonial Singapore in 1819 as a trading post of the British East India Company.
It gained independence from the UK in 1963 by federating with other former British territories to form Malaysia, but separated two years later over ideological differences, becoming a sovereign nation in 1965.

Item Links: We found: 1 different collections associated with NOL/NLS - Container Logistics
Item created by: Powderman on 2018-09-06 09:34:48. Last edited by Powderman on 2018-09-06 10:56:25

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