Hapag-Lloyd buys Israel’s ZIM Integrated Shipping for $4.2 billion
Container shipping group Hapag-Lloyd HLAG.DE said on Monday it would buy Israeli rival ZIM Integrated Shipping Services ZIM.Nfor $4.2 billion in a
gCaptain’s full coverage of Hapag-Lloyd, the German shipping and container transportation company.
Container shipping group Hapag-Lloyd HLAG.DE said on Monday it would buy Israeli rival ZIM Integrated Shipping Services ZIM.Nfor $4.2 billion in a
Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company said on
South Korea’s HMM managed to stay in the black through a bruising 2025 for container shipping, posting a 13.4% operating margin even as freight rates
Hapag-Lloyd reported preliminary 2025 financial results that came in at the upper end of its guidance, even as earnings fell sharply from the prior year amid
Maersk and Hapag-Lloyd have announced the first structural return of a Gemini Cooperation service to the Red Sea, marking a cautious step toward
The Zero Emission Maritime Buyers Alliance (ZEMBA) has selected two shipping lines to deploy hydrogen-derived e-fuels in what marks a significant advancement
German liner operator Hapag-Lloyd has contracted Chinese shipbuilder CIMC Raffles to construct eight dual-fuel methanol containerships in a deal valued at more
Danish shipping company Maersk MAERSKb.CO said on Wednesday it had no specific timeline for when it would resume sailings through the Red Sea for its
Hapag-Lloyd AG delivered solid third-quarter results despite navigating volatile freight rates and a challenging geopolitical landscape, with the German
Hapag-Lloyd and Shell Western LNG B.V. have signed a multi-year agreement for the immediate supply of liquefied biomethane, marking a significant advancement
Hapag-Lloyd has reported a solid financial performance for the first half of 2025, achieving a Group EBITDA of USD 1.9 billion despite ongoing challenges in
The world’s No. 5 container carrier is seeing a jump in business this week after the US and China lowered tariffs, the company’s CEO said, as the trade war
German container shipping firm Hapag-Lloyd HLAG.DE on Monday welcomed an agreement between the United States and China to temporarily slash
Hapag-Lloyd has reported strong first-quarter results for 2025, with Group EBITDA increasing by 17% to US $1.1 billion compared to the same period last year.
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to plague the transpacific market and demand
Customers of Hapag-Lloyd have canceled 30% of shipments to the United States from China, spooked by the trade conflict between the two economic super powers, a
Container shipping liner Hapag-Lloyd HLAG.DE on Thursday reported an 18.9% lower net profit for 2024 and proposed a 11.4% cut in its divided versus 2023,
Hanseatic Global Terminals (HGT), the terminal operating subsidiary of ocean carrier Hapag-Lloyd, has acquired a 60% stake in CNMP LH, which operates the
The Ecuadorian Navy intercepted the containership Guayaquil Express approximately 45 nautical miles from Manta, discovering about 1,745 blocks of suspected
Container shipping liner Hapag-Lloyd HLAG.DE will be able to cope with the advent of U.S. tariffs on Chinese products, its chief executive told reporters
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