Head Office: Singapore
Revenue: $7.9 Billion USD (2011)
Employees: 4,300 (2012)
Stock Market: Parent company, Nepture Orient Lines (NOL), is listed on the Singapore Stock Exchange.
American President Lines (APL) was founded in 1848 under the name Pacific Mail Steamship. The company main cargo lines go between the Pacific and the western coast of the United States. They are the 7th largest shipping container company. The company is currently a subsidiary of Neptune Orient Lines, a global transportation and logistics company
Ship Capacity: APL has 153 containership vessels with a capacity of 589,924 Twenty Foot Equivalent Units (TEU). The APL Temasek is a 14,000 TEU ship, which technically puts it over even the new expanded Panamax size of 13,000 TEU, which comes out next year.
The ship is the first of ten ships currently in production for APL.
Main Trade Routes: APL has 95 established trade routes, which include weekly services to 160 ports of call. The major ports are in the United States Dutch Harbor (Alaska), Oakland (U.S.), and the port of Seattle (U.S.).
Memberships/Alliances: APL is also part of the G6 alliance. The members of the G6 alliance are Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Orient Overseas Container Line.
Claim to fame:
APL was once part of the Dollar Steamship Line in the United States. The Dollar Line was a famous run between the West coast of the United States and Asia. The company was seized in 1937 because of back taxes, and the United States Maritime Commission renamed the company to American President Lines.
Over 150 years after the first trans-pacific routes, APL is still strongest in the trade between the United States and Asia. Given all the changes in the world’s economy, this seems like a remarkable achievement.