Overview
APL, which was formerly called American President Lines Ltd., is a Singapore-based container shipping company. It is a subsidiary of French shipping company CMA CGM and operates an all-containership fleet, which includes more than 150 vessels.
Near the end of the Great Depression, the U.S. government took control of the financially strapped Dollar Steamship Co. The government transferred the company’s assets to the newly formed American President Lines in 1938. Singapore-based shipping...