Directory:Asia Pacific Marine Container Lines

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Asia Pacific Marine Container Lines
Type Cargo Freight Carrier


CREDIT REPORT SUMMARY:

RATING: AAA-1 (1)

REVENUE (2009):

272,594,000.(Can dollars)

Founded 1870
Headquarters British Columbia
EmployeesGreen Arrow Up.svg 1205
Contact 555 W Hastings St
Vancouver, BC V6B 1L6-0000
Tel: +1 206 350 8711

Fax: +1 206 350 6108
Web: [1]

Reference NAICS: 32311, 32312
Region: British Columbia


Asia Pacific Marine Container Lines, a division of Asia Pacific Group Canada, is based in Vancouver, Canada.


It is an industry leader in marine dry bulk cargo handling and delivery services. [1]


History

The company began as wood, fur and gold traders on the St. Lawrence river, evolving into a dedicated marine carrier in 1870. The Asian component was added by Stanley Leung, a scion of the renowned Leung Maritime Group, previously traded on the Hang Seng (the Hong Kong stock exchange). Leungs served as the principal agent for the British Crown during World War I and after World War II.


In 1949, Leungs diversified into shipping, pharmaceutical and construction, achieving phenomenal growth, coining the phrase “a little tiger”. It was in 1964 that Stanley Leung concluded long-running negotiations to forge a new shipping alliance based in North America and allowing Asia Pacific to offer services to major ports throughout Asia.







Current Activities

Through its' major operating divisions, Asia Pacific owns and operates a highly diversified fleet of specialized vessels, off-shore transshippers and handy size bulk carriers. It has vessels of different classes with capacity varying from 2,500 Twenty-foot equivalent units (TEU) to 8,063 TEU.

In 2009, the company's fleet delivered more than 45 million tons of cargo to industrial customers in America, the Mediterranean, Africa and Asia.


References


External links