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| Company type | Subsidiary |
|---|---|
| Industry | Container shipping |
| Founded | 1848 in New York City, United States |
| Founder | William Henry Aspinwall |
| Headquarters | Arlington, Virginia, United States |
Area served | Worldwide |
Key people | George Goldman - President |
| Services | Container Shipping Terminals |
| Revenue | US$ 4.6 billion (FY 2016) |
Number of employees | 5,000 (2017) |
| Parent | CMA CGM |
| Website | apl |
American President Lines, LLC (APL, formerly American President Lines Ltd.), is an American container shipping company that is a subsidiary of French shipping company CMA CGM. It operates an all-container ship fleet, including nine U.S. flagged container vessels.[1]
In 1938, the U.S. government took over the management of the Dollar Steamship Co., which was in financial difficulties and transferred their assets to the newly formed American President Lines.[2] In 1997, Singaporean shipping company Neptune Orient Lines (NOL) acquired APL, eventually moving APL's headquarters to Singapore. In 2016, CMA CGM acquired NOL, parent company of APL.[3][4]
- ^ "APL". The Journal of Commerce. Archived from the original on December 14, 2020. Retrieved December 25, 2020.
- ^ Cite error: The named reference
History00-59was invoked but never defined (see the help page). - ^ Elias, Rahita (2004). Beyond Boundaries: The First 35 Years of the NOL Story. Neptune Orient Lines Ltd. p. 8.
- ^ "Corporate Structure". Neptune Orient Lines. Archived from the original on February 12, 2003. Retrieved July 1, 2008.