Singapore liner company APL improved its performance in the first three months under the ownership of CMA CGM, the French liner giant claims.
APL’s third quarter 2016 volumes are said to have risen by 9.9% to 1.3m teu versus 2015 on the back of more than 20 co-operations on new and enhanced services with CMA CGM.
The third quarter also saw APL improve its operating margin by 40.2%
