As the losses mount year on year it can be difficult for companies to find a successful strategy to get back on an even keel again. One strategy can be to sell assets or divisions of the group as a whole.

Loss making Neptune Orient Lines (NOL) is exploring possibly selling or listing its logistics arm, APL Logistics.

Neptune Orient Lines (NOL) is targeting acquisitions for its logistics business, but is holding off making investments in more containership newbuildings.

Hamburg Süd is set to become the world’s largest eighth largest container line by the end of this year through a combination of taking over Compañía Chilena de Navegación Interoceánica (CCNI) and newbuilding deliveries over the next five months...

APL, Mitsui OSK Lines (MOL) and Hyundai Merchant Marine (HMM) will inaugurate their new Andes Express Service (AES) on the trade between South America West Coast - US East Coast on 19 May. 

Looking through Neptune Orient Lines (NOL) financial results in recent years it does beg the question as to where the company, and many other large to mid-sized container lines for that matter, are headed in the long term.

There was little cheer for Neptune Orient Lines (NOL) as it slumped to a $98m net loss in the first quarter as container shipping overcapacity continues to take its toll.

Container line APL says capacity deployed through the Panama Canal is at all time low.

On the day that the G6 Alliance announced its planned expanded service network, the chief of Neptune Orient Lines (NOL) Ng Yat Chung, which owns alliance member APL, said alliances will not improve rates for shipping lines.

The G6 Alliance members have released the proposed port rotations for the expansion of Asia-North America West Coast and Trans-Atlantic services.