NOL

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 NOL Group Company Structure
 
 Source: NOL

NOL has been established in 1968 as Singapore's national shipping line, wholly owned by the Singapore Government.

In 1997 NOL bought America's oldest shipping company, American President Lines (APL).  At the time APL was nearly twice the size of NOL and was one year short of 150 years old.  APL began life around the time of the Californian gold rush and in 1867 'The Colorado' was the first vessel to undertake the trans-Pacific run, linking China and the USA.

NOL is a global transportation company, with core businesses involved in container transportation, terminals and supply chain management. Historically, the group has been managed through two businesses - Liner and Logistics. Early in 2008 NOL announced its decision to reorganise the group into three principal business units - Container Shipping, Terminals and Logistics.

APL Container Shipping is a global container transportation company, providing services to more than 140 countries through a network combining intermodal operations with IT and e-commerce. APL owns and operates a fleet of vessels and offers more than 60 weekly services at more than 90 ports in Asia, Europe, the Middle East and the Americas.

APL Terminals provides container terminal network. Its business is linked to a Container Shipping line which contributes around two-thirds of Terminals' total volumes.  

APL Logistics provides international end-to-end logistics services for global customers employing IT and data connectivity for maximum supply chain visibility and control.

The NOL Group has more than 340 sites in 115 countries across six continents. It employs 11,000 staff globally and is publicly listed on the Singapore Exchange with Temasek Holdings, the investment arm of the Singapore Government, being the largest single shareholder with 69%.

In 2009, the NOL Group's revenues were $6.5bn.

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