Neptune Orient Lines
| Neptune Orient Lines
|
|
|---|---|
 |
|
| legal form | Corporation |
| founding | December 1968 |
| Seat |
 Singapore
|
| management | Ng Yat Chung |
| Number of employees | 13,000 |
| sales | 8,617,000,000 US dollars |
| Branch | Shipping company |
| Website | www.nol.com.sg |
| Status: 2014 | |
Neptune Orient Lines Limited ( NOL ) is a Singaporean shipping company whose main activities are container shipping and supply chain management . In 2002, liner shipping (74%) and logistics (18%) made up the bulk of the business. NOL operates in Asia , Europe and America .
NOL was 68% owned by Temasek Holdings and 100% owned by American President Lines (APL). The company is listed in the Straits Times Index on the Singapore Exchange .
At the beginning of 2008, the majority shareholder Temasek examined a takeover of the TUI container division ( Hapag-Lloyd ) in order to merge it with the NOL to form the third largest container shipping company. In mid-October 2008 the purchase intentions were withdrawn.
In mid-2016, the French container shipping company CMA CGM acquired the majority of Temasek's shares in order to take over NOL. The acquisition was completed on September 6, 2016.
Individual evidence
- ↑ Management team
- ↑ a b Annual Report 2014 ( Memento of the original dated September 7, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ CMA CGM Takes Over at NOL at gCaptain.com , June 10, 2016 (English)
- ↑ CMA CGM acquires définitivement NOL, qui se retire de la bourse de Singapore. September 5, 2016, accessed September 6, 2016 (French).
