All Hapag-Lloyd articles
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NewsHapag-Lloyd sceptical about 2025 due to geopolitical uncertainty
Container shipping group Hapag-Lloyd posted an improved revenue and EBITDA in 2024, although its group profit is down. Looking forward, it highlighted the impact that geopolitical uncertainty could have on its operations.
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NewsWSC elects chair and vice chair
World Shipping Council’s (WSC) board of directors has elected Soren Toft, ceo of Mediterranean Shipping Company (MSC), as its chair, and Randy Chen, vice chairman of Wan Hai Lines, as vice chair.
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NewsFontana named chief financial officer at Hanseatic Global Terminals
Camillo Fontana has become chief financial officer of Rotterdam-based Hanseatic Global Terminals.
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NewsHapag-Lloyd and Maersk enter Gemini Cooperation
Container lines Hapag-Lloyd and Maersk have signed a long-term operational collaboration agreement, which will start in February 2025 and comprise a fleet pool of around 290 vessels.
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NewsForce majeure and route changes escalate freight costs
The majority of shipping lines are now rerouting ships via the Cape of Good Hope due to the deteriorating security situation in the Red Sea, while several declared force majeure temporarily relieving them of their normal contractual obligations. Transit times will certainly be delayed and freight costs are expected to rise significantly.
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NewsShips rerouted as Red Sea crisis escalates
The hijacking of the Galaxy Leader and subsequent attacks on other vessels underscores the influence of geopolitics in the Middle East Gulf in commercial shipping. A number of the world’s leading container carriers, including Maersk, CMA CGM, Hapag-Lloyd and MSC are now diverting their ships away from the Red Sea region because of an increased threat of attacks.
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NewsShipping leaders join forces in call to accelerate decarbonisation
Leading shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory conditions to accelerate the transition to green fuels.
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NewsSAAM sells terminals business to Hapag-Lloyd
Chile-headquartered SAAM finalised the sale of its port terminals and logistics operations to Hapag-Lloyd for approximately USD995 million at the turn of August. SAAM will focus on expanding its towage business.
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NewsHapag-Lloyd acquires 49 percent stake in Spinelli Group
Hapag-Lloyd has completed the acquisition of a 49 percent stake in the Italian terminal operator Spinelli Group.
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NewsJSL Global moves concrete segment factory
Project forwarder JSL Global (JSL) has coordinated the relocation of a concrete segment factory from its original site in Qatar, via the port of Hamad, to Constanța (Romania) and onward to its final destination.
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NewsSandlin to succeed Ostergaard
Container shipping line Hapag-Lloyd has appointed Stuart Sandlin as its North America president.
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NewsHapag-Lloyd preparing for turbulent 2023
German container shipping line Hapag-Lloyd reported exceptionally strong results for the first nine months of year. Its outlook for full year 2022 was equally impressive, with EBITDA expected in the range of USD19.5-21.5 billion and an EBIT of USD17.5-19.5 billion.
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NewsHapag-Lloyd to buy SAAM’s terminal business
German shipping company Hapag-Lloyd has signed a binding agreement to acquire SAAM Ports and SAAM Logistics, as well as real estate assets related to the logistics business.
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NewsHapag-Lloyd launched MAX service
German container shipping group Hapag-Lloyd will introduce its regular Maputo Express (MAX) service at the beginning of June 2022.
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NewsHapag-Lloyd introduces MSW service
Container shipping line Hapag-Lloyd will launch a new service connecting the Mediterranean, Caribbean, Central America, and West Coast South America in early May 2022.
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NewsSupply chain reacts to conflict
Ukraine continues to prove resilient in the face of Russia’s invasion. The latter is coming to terms with strong sanctions and international companies cutting ties.
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NewsLeadership changes at OMA Group
OMA Group has restructured its activities in Ghana with the appointment of two country managers and a general manager to oversee the two key segments of the business.
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NewsHapag-Lloyd introduces electronic bills of lading
In cooperation with blockchain-based digital document courier platform Wave BL, Hapag-Lloyd has introduced electronic bills of lading.
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NewsCongested market benefits Hapag-Lloyd
In announcing its half-year results, Hapag-Lloyd said that it does not expect the present volatility in the container shipping sector to ease until the first quarter of 2022, at the earliest.
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NewsHapag-Lloyd adds Dakar office
Hapag-Lloyd has added to its West African network with the opening of an office in Dakar, Senegal.