Neptune Orient Lines

Neptune Orient Lines Limited
Company typeSubsidiary
IndustryTransport
Founded30 December 1968 (1968-12-30)
FounderMuhammad Jalaluddin Sayeed
Defunct1 October 2020 (2020-10-01)
FateAcquired by CMA CGM
HeadquartersThe Metropolis, 9 North Buona Vista Drive,
Singapore
,
Singapore
Area served
Worldwide
Key people
  • Rodolphe Saadé, Chairman
  • Nicolas Sartini, CEO[1]
ServicesShipping services
RevenueDecrease S$ 8,831.193 million (2013)[2]
Increase S$ 583.939 million (2013)[2]
Decrease S$ 71.968 million (2013)[2]
Total assetsIncrease S$ 9,029.035 million (2013)[2]
Total equityDecrease S$ 2,130.811 million (2013)[2]
OwnerCMA CGM
SubsidiariesAPL

Neptune Orient Lines Limited (NOL) was a Singaporean container shipping company. It was founded in 1968 as Singapore's national shipping line, but was later sold as a subsidiary to French shipping company CMA CGM in 2016.[3][4] On 1 October 2020, NOL was restructured into a regional hub and was renamed to CMA CGM Asia Pacific Limited.[5][6]

  1. ^ mz (14 June 2016). "NOL appoints new CEO, CFO amid takeover by France's CMA CGM". Channel News Asia. Archived from the original on 18 June 2016. Retrieved 19 June 2016.
  2. ^ a b c d e "Unaudited Financial Information For the Year Ended 27 December 2013" (PDF). Neptune Orient Lines Limited. 27 February 2014. Retrieved 27 March 2014.[permanent dead link]
  3. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  4. ^ Cite error: The named reference :2 was invoked but never defined (see the help page).
  5. ^ "CMA CGM Group Reorganizes Transpacific Trade Focusing APL on US Flag". The Maritime Executive. Retrieved 8 May 2021.
  6. ^ Lee, Hong Liang (7 July 2020). "CMA CGM drops APL brand in transpacific trade". Seatrade Maritime. Retrieved 8 May 2021.

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