Independent journal on economy and transport policy
14:55 GMT+1
APL does not intend to be major shipowner
(Shipping Times)
May 20, 1999
Company's long-term strategy is to become an integrated logistics operator
By Marcus Hand
[SINGAPORE]
Neptune Orient Lines' container shipping arm APL does not see its future as being that of a major shipowner, and is looking at selling and leasing back its container ships, according to a senior executive.
"Most of the fleet is already sold off and ...... Read more on Shipping Times
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