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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. On 1 October 2020, NOL was restructured into a regional hub and was renamed to CMA CGM Asia Pacific Limited.
Neptune Lines is a company that transports and ships cars and high & heavy cargoes for over four decades. It also supports communities and the environment with its mission and values.
Dec 7, 2015 · SINGAPORE (BLOOMBERG) - France's CMA CGM SA is nearing a definitive offer to buy Neptune Orient Lines. for about S$3.4 billion (US$2.4 billion), people with knowledge of the matter said.
Dec 7, 2015 · CMA CGM, the world's third largest container carrier, will acquire NOL, the parent of APL, in an all cash deal worth about $2.4 billion. The merger will create a combined company with 563 ships and 22 percent market share in the Asia-Europe trade, and will make APL part of the Ocean3 Alliance.
Mar 20, 2019 · Here's a quick look at the journey of Neptune Orient Lines (NOL) from its inception to buyout: Dec 30, 1968. NOL is founded as Singapore's national shipping line with a fleet of just five...
Dec 7, 2015 · French shipping liner CMA CGM has bought 67 per cent of Neptune Orient Lines (NOL) from Temasek Holdings, in a deal worth S$3.4 billion. The acquisition will boost CMA CGM's global market share and position in Asia, while NOL will benefit from its operational expertise and network.
Dec 7, 2015 · French container line CMA CGM has confirmed its acquisition of Singapore’s Neptune Orient Lines (NOL) with a cash offer of SGD1.30 ($0.93) per NOL share, valuing the deal at $2.4bn.
