Independent journal on economy and transport policy
17:29 GMT+2
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NOL does not refute the possibility to yield own logistic division
Under consideration also its eventual quotation in Stock exchange
August 20, 2014
Commenting today the indiscretions that it gives for imminent the cession of the logistic activities of the group, the Neptune Orient Lines (NOL) of Singapore has confirmed of being continuously to the opportunity search in order to improve own strategic positioning and the performances of own activities, and this - it has specified - "includes appraisals on the possible sale or initial public offer (HYPO) and quotation own logistic activities which independent and independent entity regarding the NOL".
"These considerations - it has specified the shipowning and logistic group of Singapore - are preliminary and of exploratory nature. Not there is some guarantee that can be capacity to term some definitive transaction for the cession or a HYPO of the logistic activities of the NOL".
Group NOL work in the shipowning field with the brand APL that take care of containerized marine transport and are active in the logistic field with brand APL Logistics and with the homonymous society of which it possesses the entire capital.
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