Alphaliner: No obvious buyers for NOL

Are there actually any interested buyers for NOL which was just put up for sale, asks Alphaliner in a new analysis.

The Singaporean carrier NOL has been indirectly put up for sale with the statement from major shareholder Temasek regarding a sale of its stake of 65 percent. But you have to search long and hard for any interested buyers, according to assessments from analyst agency Alphaliner in a new analysis of NOL, which has not yet confirmed that a sale is approaching.

"Although various carriers have been rumoured as potential buyers for APL, none has publicly confirmed an interest. So far, there are no clear frontrunners for the company: OOCL reportedly showed no interest and Hapag-Lloyd does not have the financial resources to mount a serious bid for APL. The German carrier is currently pushing ahead with a potentially challenging IPO bid of its own," writes Alphaliner in the analysis.

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