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...

A Hapag-Lloyd containership has been cleared to discharge its cargo in South Africa after a month-long coronavirus quarantine. As we reported previously, two crew members on board the Hapag-Lloyd-chartered containership...

A Hapag-Lloyd containership has been ordered to quarantine at a Durban, South Africa anchorage after two crew members on board tested positive for COVID-19, Hapag-Lloyd said in an update. The...

FRANKFURT, May 15 (Reuters) – German container liner Hapag-Lloyd on Friday stuck with its full-year earnings guidance but warned that supply disruptions and weaker demand due to the coronavirus crisis...

HAMBURG, Jan 10 (Reuters) – Tougher rules on sulphur emissions from ships set by the International Maritime Organisation (IMO) from January burden the profit outlook for Germany’s container shipping line...

FRANKFURT, Nov 14 (Reuters) – German container shipping line Hapag-Lloyd on Thursday reported it more than doubled earnings before interest and taxes (EBIT) to 643 million euros ($708.59 million) in...

Hapag-Lloyd has ruled out sending its ships through the Northern Sea Route for the foreseeable future despite faster transit times, joining rival CMA CGM in shunning Arctic shipping due to...

German containership Hapag-Llloyd has announced it will be implementing a steep penalty for mis-declaration of dangerous goods in order to ensure the safety of its crews, ships and other cargo...

By Vera Eckert FRANKFURT, Aug 7 (Reuters) – Rising freight-rate income and transport volumes boosted Hapag-Lloyd’s performance in the first half of 2019, allowing it to remain optimistic about full-year...