The U.S. Coast Guard inspected a containership in the Port of Oakland suspected as a potential vessel of interest in the Southern California oil spill, the Los Angeles Times reported...

FRANKFURT, Sept 30 (Reuters) – Global container shipping problems related to post-COVID 19 logistics problems have intensified in the third quarter and show no sign of letting up, the world’s number five...

German liner company Hapag-Lloyd is investing in JadeWeserPort Wilhelmshaven, Germany’s largest harbor project and only deep-water container port. Hapag-Lloyd will acquire a 30% stake in Container Terminal Wilhelmshaven (CTW) and...

German liner company Hapag-Lloyd has posted a $3.3 billion profit in the first half of the year amid “very strong demand” for container shipping that isn’t expected to let up...

Hapag-Lloyd expects to report first-half 2021 earnings before interest, taxes, depreciation, and amortization (EBITDA) of approximately $4.2 billion as global demand for container shipping remains high, according to preliminary figures...

Hapag-Lloyd has ordered another six ultra-large containerships in South Korea. The vessels, ordered from Daewoo Shipbuilding & Marine Engineering (DSME), will have capacity of more than 23,500 TEU with dual...

German shipping group Hapag-Lloyd has announced the successful conversion of the 15,000 TEU-capacity Brussels Express to run on liquefied natural gas. In completing the conversion, the ship becomes the first...

Germany container shipping company Hapag-Lloyd reported strong start to the year with a net profit of $1.45 billion in the first quarter. This compares to a net profit in the...

German shipping company Hapag-Lloyd has placed an order for 150,000 twenty-foot equivalent containers amid the pandemic-fueled container crunch in Asia and around the world. The boxes, ordered from China, include...

By Brendan Murray (Bloomberg) — Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that...

RANKFURT, March 18 (Reuters) – German container shipper Hapag-Lloyd said on Thursday it almost tripled its net result in 2020 due to lower costs and higher freight rates, but shied...

By Vera Eckert (Reuters) – Container shipping firm Hapag-Lloyd said surging demand for bulky goods like exercise equipment from locked-down consumers may flatten out in the second or early third quarter,...

Hapag-Lloyd expects operating profit to more than triple in the first quarter of 2021 on “exceptionally” strong demand for container transportation and higher freight rates, the German shipping line said...

Hapag-Lloyd says it has concluded its first ever green financing deals for six ultra-large containerships currently on order. The two transactions include a syndicated green loan of $417 with a...

German liner shipping company Hapag-Lloyd has placed an order for six Ultra Large Container Vessels at South Korea’s Daewoo Shipbuilding & Marine Engineering. The vessels will have capacity of more...

By Vera Eckert (Reuters) – German container liner Hapag-Lloyd expects transport volumes in the fourth quarter to pare sharp losses seen earlier this year as a demand recovery in Asia...

German container shipping group Hapag-Lloyd has raised its earnings forecast on a better-than-expected fourth quarter. The company said it now expects EBITDA of EUR 2.6 to 2.7 billion (up from...

By Vera Eckert FRANKFURT, Nov 13 (Reuters) – German container liner Hapag-Lloyd AG is confident of achieving higher earnings in 2020 as lower fuel prices cut shipping costs, demand in...

Hapag-Lloyd has announced positive COVID-19 cases on board two of its U.S.-flagged ships. The German container shipping group said the cases were confirmed on the Philadelphia Express and St. Louis...

FRANKFURT/BEIJING, June 26 (Reuters) – German container shipping line Hapag-Lloyd said it had notified customers it will stop accepting cargoes of solid waste, including scrap metal, bound for China that...