Hapag-Lloyd

Update: Maersk has instructed all Maersk vessels bound to pass through the Bab al-Mandab Strait to pause their journey until further notice in response to the

The Chief Executive Officers (CEOs) of major global shipping lines have issued a joint declaration at COP 28, urging the International Maritime Organization

By Brendan Murray and Tara Patel Nov 12, 2023 (Bloomberg) –Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets

(Bloomberg) — The container shipping industry faces a few years of headwinds as low freight rates, a weak European economy and widening geopolitical

Hapag-Lloyd has released its quarterly earnings report, revealing continued weak demand and significantly lower freight rates compared to last year. The

SpaceX’s satellite internet service Starlink is continuing to increase its presence in the commercial maritime sector with Japanese shipping company

BERLIN, Oct 14 (Reuters) – The head of German shipping firm Hapag Lloyd HLAG.DE, Rolf Habben Jansen, expects the next three years to be difficult

By Jonathan Saul and Ari Rabinovitch JERUSALEM, Oct 10 (Reuters) – Activity at Israel’s ports is slowing after Saturday’s attacks by

German shipping line Hapag-Lloyd has christened the first of 12 new Hamburg Express-class containerships. With a length of almost 400 meters and a capacity of

(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