French container takeover could be biggest yet

CMA CGM's potential acquisition of Singapore-based carrier NOL could set a new record in the container sector, but Alphaliner points to several financial challenges for the French carrier.
BY OLE ANDERSEN

French CMA CGM's acquisition of Neptune Orient Lines (NOL) in Singapore, the parent company of container carrier APL, could become the biggest yet measured by the combined capacity operated by the carrier up for sale. In these terms, the French acquisition would surpass Maersk Line's acquisitions of both UK-Dutch P&O Nedlloyd in 2015 and US-based Sealand in 1999, according to analyst agency Alphaliner.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading