APL creates own Nordic organization
Singapore-based container line APL has bought out the 40 percent shareholding in APL Scandinavia A/S from its long-term joint-venture partner Scan Shipping.
Scan Shipping has been serving APL in the Nordic countries since 1969.
'We sincerely thank Scan Shipping for their contribution to our success in this important region over close to 40 years,” said Dave Appleton, APL’s Europe regional president. “The establishment of APL Scandinavia as a wholly owned subsidiary is a part of our strategy to develop an owned and operated organizational network in this region, and throughout the world.'
APL creates own Nordic organization