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Hapag Q1 profit down 57% on lower rates, volumes
11 May 2023 12:14 PM ISTAvg 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 ISTCustomers 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 ISTHapag-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 ISTMaersk 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 ISTNine 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 ISTDespite 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 ISTAverage 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 ISTHapag-Lloyd acquires 49% minority stake; terminal portfolio expanded
Hapag 9-month net profit doubles to $14.7bn
10 Nov 2022 12:53 PM ISTSignificant 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 ISTAcquires 10 terminals in six countries; presence strengthened in Latin America and terminal business.
Hapag H1 profit nearly triples to $9.5bn, outlook upgraded
11 Aug 2022 11:52 AM ISTUncertainties remain due to war in Ukraine, ongoing disruptions in supply chains and Covid-19 pandemic.