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48. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATED COMPANIES (cont'd)

     
 
 
Effective group
equity interest
 
Country of
incorporation/
Place of
operation
 
Associated Companies
2002
%
 
2001
%
 
Principal activities
 
Indirect Interest :            
             
APL (Emirates) Limited Liability Company 49   49   United Arab
Emirates
Stevedoring agency
APL Lanka (Private) Limited 40   40   Sri Lanka Shipping agency
APL-NOL Malaysia Sdn. Bhd. 30   30   Malaysia Shipping agency
and logistics
services
APL Logistics Svcs (Thailand) Ltd 49   49   Thailand Logistics services
Better Asset Management Company LLC 50   50   United States
of America
Container asset
management
Eagle Marine Services (India), Ltd 40   40   United States
of America
Investment
holding
Global Alliance K, B.V. 25   25   Netherlands Vessel
management
Grupo Optimus, S.A. de C.V. 43   43   Mexico Dormant
Multi Modal Transport International (Pvt) Ltd 33.3   33.3   Pakistan Trucking
New Trident Holdings Incorporated Co 40   40   Philippines Investment
holding
Orient Clavon Pte Ltd   50   Singapore Liquidated
Osprey Shipholding Corporation 50   50   United States
of America
Shipowning and
chartering
P.T. PUL International Lines 49   49   Indonesia Shipping
Pisces, LLC 43   43   United States
of America
Software
development
Siam Intermodal Services Ltd. 49   49   Thailand Cargo
transportation
Song-dor Holdings Limited 50   50   Hong Kong SAR Investment holding
Ultra-Lite Container Corporation   37   United States
of America
Liquidated
   
   
 

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