South America’s Richest Family Doubles Fortune on Shipping Bet Analysts Hated
(Bloomberg) — The Luksic family, South America’s wealthiest with a combined fortune of about $25 billion, is reaping the benefits of a bet on global
gCaptain’s full coverage of Hapag-Lloyd, the German shipping and container transportation company.
(Bloomberg) — The Luksic family, South America’s wealthiest with a combined fortune of about $25 billion, is reaping the benefits of a bet on global
Hapag-Lloyd is rolling out Starlink satellite internet technology across its fleet, following a successful pilot phase. Hapag-Lloyd is the world’s fifth
BERLIN, Sept 14 (Reuters) – Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper’s interest to make
(Bloomberg) — The container shipping industry’s year-long slump shows preliminary signs of turning the corner, though it’s not clear yet if a rebound
Seaspan Corporation and Hapag-Lloyd have partnered with MAN Energy Solutions to retrofit up to 60 containerships to use green methanol as marine fuel. MAN
FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of
Hapag-Lloyd, one of the world’s leading container shipping companies, has reported its financial results for the first quarter of 2023, highlighting the
By Mike Wackett (The Loadstar) – Hapag-Lloyd has confirmed that THE Alliance vessels deployed on the Asia-North Europe tradelane are no longer making a
By Mike Wackett (The Loadstar) – The outlook for ocean carriers is a sharp decline in earnings this year, as average freight rates fall and inflation
Hapag-Lloyd posted a record $18 billion net profit in 2022 as the German shipping line celebrated its 175th year in business. Higher freight rates and
HAMBURG, Feb 1 (Reuters) – Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief
Hapag-Lloyd is reporting “extraordinarily strong” financial results in 2022 amid an increase in average freight rates, but warns that rates had
German container shipping company Hapag-Lloyd has acquired a 40% stake in India’s leading private terminal and inland transport service provider J M Baxi
German liner operator Hapag-Lloyd has completed its acquisition of a minority stake in the Spinelli Group, one of Italy’s leading terminal and transport
By Nick Savvides (The Loadstar) – A US Federal Maritime Commission small claims officer’s (SCO) decision to uphold trucker TCW Inc’s complaint over
By Mike Wackett (The Loadstar) – Just 12 months ago, the 2009-built 4,253 teu Synergy Oakland was preparing to commence a two-month charter
By Mike Wackett (The Loadstar) – THE Alliance members Hapag-Lloyd, ONE, Yang Ming and HMM have finalised their April network plans, which feature vessel
FRANKFURT, Dec 13 (Reuters) – Germany’s Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the
By Brendan Murray (Bloomberg) — People often want to take photos of Taalke Middents on the container vessels she helps helm through ports and passages
As good times give way to bad for container shipping, Hapag-Lloyd says its strong balance sheet should help it stay on course even in choppy waters.
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