Wednesday, August 7, 2013

Hapag-Lloyd Turns to Quarterly Profit on Cost Cuts, Cheaper Fuel

Aug. 7 (Bloomberg) — Hapag-Lloyd AG cut costs amid falling fuel prices to deliver a profit in the second-quarter as Europe’s fourth-largest container-shipping line reiterated its forecast of positive full-year...

August 7, 2013
Total Views: 0

Thursday, May 16, 2013

Hapag-Lloyd First-Quarter Loss Narrows, “Competition Remains Extremely Challenging”

May 15 (Bloomberg) — Hapag-Lloyd AG, Europe’s fourth- largest container-shipping line, said its first-quarter loss almost halved as freight rates rose slightly and it reiterated its forecast of a 2013...

May 16, 2013
Total Views: 0

Wednesday, May 15, 2013
hapag lloyd hamburg sud

Hamburg Süd – Hapag-Lloyd Merger Talks Put on Indefinite Hold

FRANKFURT, May 15 (Reuters) – Hamburg Süd, Germany’s second-largest shipping group, said on Wednesday it did not expect to resume merger talks with rival Hapag-Lloyd any time soon after talks...

May 15, 2013
Total Views: 22

Monday, April 8, 2013
hapag lloyd hamburg sud

Hamburg City Pushes For Hapag-Lloyd, Hamburg Süd Shipping Merger

KIEL, Germany, April 8 (Reuters) – The city of Hamburg wants shippers Hapag-Lloyd and Hamburg Süd to resume merger talks so that they stand a better chance of surviving a four-year...

April 8, 2013
Total Views: 14

Monday, March 25, 2013

Hapag-Lloyd, Hamburg Süd Merger Talks Stall

Talks of a merger between Germany’s largest container shipping companies have been suspended because terms of a deal could not be reached. Oetker Group, which owns Hamburg Süd, asked for...

March 25, 2013
Total Views: 1

Tuesday, March 19, 2013

Hapag-Lloyd Defers New Ship Deliveries After Posting Massive 2012 Losses

FRANKFURT, March 19 (Reuters) – German shipping company Hapag-Lloyd posted higher losses for 2012 due to unexpectedly low cargo volumes as a result of the global downturn and high energy...

March 19, 2013
Total Views: 1

Friday, March 8, 2013
hapag lloyd hamburg sud

Hapag-Lloyd Co-Owner Eyes Merger Of Equals With Hamburg Süd

FRANKFURT, March 8 (Reuters) – Hapag-Lloyd co-owner Klaus-Michael Kuehne wants the container shipping group’s prospective merger partner Hamburg-Sud to have equal say in the mooted tie-up, he told a German...

March 8, 2013
Total Views: 13

Tuesday, December 18, 2012

Hapag-Lloyd Confirms Merger Talks with Hamburg Süd

Julie Cruz TUI AG rose in Frankfurt after its shipping unit Hapag-Lloyd said it is discussing a possible merger with Hamburg Sud. TUI shares advanced as much as 2.6 percent and traded...

December 18, 2012
Total Views: 2

Thursday, October 25, 2012
colombo express hapag lloyd container ship

Ships Sidelined and Rates to be Increased as Global Container Shippers Lose Millions

(Bloomberg) — Europe’s largest container lines are making an attempt to increase Asia-Europe rates to more than break-even levels and restore profit before year-end. Capacity cuts may boost their chance...

October 25, 2012
Total Views: 8

Wednesday, August 22, 2012

Container Lines Are Losing the Price Battle on Multiple Fronts

The world’s container lines can’t raise freight rates fast enough to cover soaring fuel prices as persistent overcapacity works against the industry. Hapag-Lloyd AG, Europe’s fourth-biggest container company, said Aug....

August 22, 2012
Total Views: 4

Friday, August 17, 2012

Hapag-Lloyd Names New 13,200 TEU Flagship

Hapag-Lloyd on Friday held a naming ceremony for what is now officially the “Hamburg Express”, the first of ten new 13,200 TEU vessels and currently the largest ship in the...

August 17, 2012
Total Views: 16

Thursday, August 16, 2012
hapag lloyd berlin express

Soaring Bunker Prices Steer Hapag-Lloyd to Second Quarter Loss

(Bloomberg) — Hapag-Lloyd AG, Europe’s fourth- largest container-shipping line, reported a second-quarter loss after soaring fuel costs offset increases in freight rates. The net loss narrowed to 7.3 million euros...

August 16, 2012
Total Views: 0

Wednesday, August 1, 2012
MV New Dehli Express

Hapag-Lloyd “Phones a Friend” from the Gulf of Aden, Royal Navy Responds

While Royal Navy ships protect the London Olympics others have rushed to prevent a pirate attack in the Middle East.  The minehunters HMS Middleton and HMS Pembroke were in the...

August 1, 2012
Total Views: 7

Sunday, July 29, 2012
Montreal express hapag lloyd containership canada

Hapag-Lloyd Celebrates 120 Years of Liner Service to Canada

In 1892, the first steamer “Cremon” set sail for Montreal flying the Hapag flag.  Today, Hapag-Lloyd is the largest container carrier in Canada, and fourth-largest in the world, with a...

July 29, 2012
Total Views: 13

Friday, May 4, 2012
Chicago Express Hapag Lloyd containership

Ship Photo of the Day: Hapag-Lloyd Bumps Up Freight Rates

FRANKFURT (Dow Jones)–German shipping group Hapag-Lloyd said Friday it has increased freight rates for all cargo and container types between Europe and North America with effect from July 1. The company attributed...

May 4, 2012
Total Views: 0

Thursday, February 9, 2012
shipping container Orient Overseas Line

G6 Alliance Set to Launch Asia-Europe Liner Service

Members of the G6 Alliance announced today that their groundbreaking cooperation in Asia-Europe container shipping will begin operation in the first week of March – one month ahead of schedule....

February 9, 2012
Total Views: 0

Tuesday, January 24, 2012
Press Releases

Wilhelmsen Ship Service Delivers Automated Boiler and Cooling Water Treatment for Major Customer

Wilhelmsen Ships Service (WSS) has signed an agreement to supply boiler and cooling water dosing control units to ten 13,200 TEU newbuilds under construction at Hyundai Heavy Industries (HHI) Korea on behalf...

January 24, 2012
Total Views: 5

Saturday, January 7, 2012

Container Shipping Companies – The Ten Largest Visualized

UDPATED: January 2012 The data visualization above represents the worlds 10 largest container shipping companies by TEU capacity. WORLD TEU CAPACITY: 15,899,687 For those who prefer more traditional data we...

January 7, 2012
Total Views: 101

Tuesday, December 20, 2011
APL Containership

Grand and New World Shipping Alliances Join Forces to Create New “G6 Alliance”

Six carriers, nine services with fast transit times, improved port coverage / More than 90 ships, covering more than 40 ports in Asia, Europe and Mediterranean / Includes Bohai and...

December 20, 2011
Total Views: 7

Tuesday, May 17, 2011

EU Raids Shipping Companies in Anti-Trust Probe

BRUSSELS—The European Commission raided the offices of shipping lines in a probe of possible price fixing, the first step in an investigation that could lead to fines totaling more than...

May 17, 2011
Total Views: 7