Indian Transport & Logistics

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Hapag H12023 profit drops to $3.1bn, confirms 2023 forecast

10 Aug 2023 3:01 PM IST
Average 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 12:14 PM IST
Avg freight rate declined 28% to $1,999/TEU (Q12022: $2,774/TEU) due to weaker demand and normalisation of supply chains

Hapag-Lloyd launches Ship Green transport solution

4 May 2023 3:33 PM IST
Customers can choose among three different options, representing different levels of avoidance in CO2e emissions

Hapag's 100,000 reefer containers turn "smart"

8 March 2023 7:13 PM IST
Hapag-Lloyd has set itself the goal of making all its containers smart including 1.6 million dry containers

January schedule reliability drops MoM

2 March 2023 1:11 PM IST
Maersk was the most reliable carrier in January with 58.3% followed by MSC with 57.7%

DCSA members commit to standardised eBL by 2030

15 Feb 2023 7:58 PM IST
Nine ocean carriers commit to converting 50% of original bills of lading to digital within 5 years and 100% by 2030

Container shipping stock prices resilient: Drewry

14 Feb 2023 3:29 PM IST
Despite continuous fall in freight rates, stock prices of major liners are consolidating at historically low valuations

Hapag-Lloyd 2022 revenue zooms 38% on flat volumes

31 Jan 2023 1:13 PM IST
Average freight rate increased to $2,863/TEU; EBITDA up 60% at over $20bn

Hapag to buy 35% stake in J M Baxi

25 Jan 2023 8:50 PM IST
"Investment will strengthen presence in key strategic growth market India"

Hapag-Lloyd completes Spinelli deal

12 Jan 2023 6:07 PM IST
Hapag-Lloyd acquires 49% minority stake; terminal portfolio expanded

Hapag 9-month net profit doubles to $14.7bn

10 Nov 2022 12:53 PM IST
Significant focus is infra investment, which we are using to expand our terminal portfolio: CEO Rolf Habben Jansen

Hapag buys terminal/logistics business of SM SAAM for $1bn

4 Oct 2022 6:29 PM IST
Acquires 10 terminals in six countries; presence strengthened in Latin America and terminal business.
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