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Drewry says Gemini strategy relies heavily on hub port performance
25 March 2024 1:50 PM GMTServices operated under the Gemini cooperation agreement will make extensive use of 15 hub ports
Container carriers' 2023 profitability near pre-pandemic levels
22 March 2024 5:21 AM GMTZIM, Yang Ming and Wan Hai recorded EBIT losses in FY2023; four shipping lines had EBIT of over $1bn
Hapag 2023 profit drops 82% to $3.2bn
14 March 2024 2:40 PM GMTGroup revenue was down 47% to $19.4 billion even as transport volume in liner shipping segment was flat at 11.9mn TEUs
Hapag appoints Lars Sorensen Senior Managing Director, Middle East
15 Dec 2023 10:01 AM GMTSorensen will succeed Dheeraj Bhatia who will become a member of the Hapag-Lloyd Executive Board
Shipping CEOs join forces to accelerate decarbonisation
1 Dec 2023 2:32 PM GMTUnited view at COP28 on concrete regulatory measures for investment conditions critical to accelerate green transition
Hapag-Lloyd opens technology centre in Chennai
22 Nov 2023 9:40 AM GMTHLTC will be operated as part of JV that Hapag-Lloyd established with Indian technology company Solverminds in June
Hapag installs 700,000th tracking device
23 Oct 2023 2:16 PM GMTHapag-Lloyd to equip 1.6 million containers with tracking devices by 2024
Hapag-Lloyd welcomes 23,600 TEU Berlin Express
3 Oct 2023 6:43 AM GMTTurning point for Hapag-Lloyd: CEO Rolf Habben Jansen
Hapag to enhance sea connectivity with Starlink
21 Sep 2023 10:08 AM GMTHapag-Lloyd starts rollout of Starlink to its fleet this year, enhancing efficiency and safety of the fleet
Dheeraj Bhatia to lead Hapag-Lloyd Terminal Holding
14 Sep 2023 7:54 AM GMTDheeraj Bhatia has been based in Dubai as Senior Managing Director, Region Middle East, Hapag-Lloyd since 2018
Hapag H12023 profit drops to $3.1bn, confirms 2023 forecast
10 Aug 2023 9:31 AM GMTAverage freight rate of $1,761/TEU (H12022: $2,855/TEU) was down 38%, volume declined 3.4% YoY to 5.8 million TEUs
Hapag Q1 profit down 57% on lower rates, volumes
11 May 2023 6:44 AM GMTAvg freight rate declined 28% to $1,999/TEU (Q12022: $2,774/TEU) due to weaker demand and normalisation of supply chains