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Singapore-based NOL has announced that it will launch a new container terminals business unit to be known as APL Terminals and the team that will run the unit will comprise people from the shipping line’s existing management pool. NOL operates terminals facilities at several places in Asia and North America. In Asia, the facilities are at Kaohsiung, Yokohama, Kobe and in North America, Los Angeles, Seattle, Oakland and Dutch Harbour.

Besides, NOL has investments in facilities at Ho Chi Minh City (Vietnam) and Laem Chabang (Thailand). Terminals assets for any shipping line are a valuable part of portfolio as they are critical for delivering reliable and time-definite services. But more important is the potential to expand networks by securing new concessions at locations where customer demand is rising and congestion is an issue.

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