Container carrier APL will make additional calls at Beirut and Iskenderun under its Bosphorus Express (BEX) service, extending market coverage of the network that serves Asia, the Mediterranean and Europe.
In a big day for shipping consolidation CMA CGM closed its takeover offer for Neptune Orient Lines (NOL) owning 97.83% of the Singapore-listed container line.
CMA CGM has passed the 90% ownership threshold of Neptune Orient Lines (NOL) and now plans to delist the company from the Singapore Exchange (SGX).
CMA CGM and PSA Singapore Terminals have formed a joint venture to operate a four berth container terminal in Singapore port.