American Shipper

APL TO CHARTER FOUR 5,500-TEU SHIPS FOR ASIA/EUROPE SERVICE

APL TO CHARTER FOUR 5,500-TEU SHIPS FOR ASIA/EUROPE SERVICE

   APL said it will charter four 5,500-TEU containerships to be delivered next year.

   The shipping line, owned by NOL, will use the vessels in the Asia/Europe trade, a spokesman for APL said.

   The vessels, which are being built at Samsung Heavy Industries in South Korea, will be under charter for five years or longer.