hapag-lloyd
Major container shipping lines are imposing emergency surcharges, restricting bookings and rerouting vessels as Iran’s threat to disrupt traffic through the Strait of Hormuz sends shockwaves through global energy and shipping markets.
The narrow waterway between Iran and Oman is one of the world’s most critical maritime chokepoints, serving as the only sea gateway to the Persian Gulf and carrying roughly one fifth of global oil shipments along with large volumes ...
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Hapag-Lloyd and DSV have signed a two-year agreement covering 18,000 tonnes of carbon dioxide equivalent, or CO2e, emission reductions as the companies expand their decarbonization partnership in ocean freight.
The companies said the framework agreement, to begin in 2026, covers the purchase of Scope 3 greenhouse gas emission reductions generated through ...
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Valentine’s Day, Feb. 14, saw the arrival of the first vessel call at the new Damietta Alliance Container Terminals facility, at the Egyptian port.
The 13,117-TEU Essen Express, operated by Hapag-Lloyd, became the inaugural ship to berth at the Damietta Alliance Container Terminals, or DACT.
The terminal, located at Damietta Port on ...
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Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for about US$4.2 billion in cash, a merger that would create the world’s fifth-largest container shipping company and could reshape competition and freight pricing across major trade lanes.
Under the deal announced Feb. 16, Hapag-Lloyd will pay US$35 per ZIM share, a ...
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Global container shipping in 2026 is facing worsening overcapacity and sharply reduced profitability, according to a new report from Drewry, the London-based maritime research and consultant.
Drewry’s latest analysis, Container Shipping Financial Health Check 2026, warns that weakening carrier finances and continued fleet expansion will reshape market conditions for North American ...
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Hapag-Lloyd and DHL Global Forwarding, in joint efforts to decarbonize supply chains, signed a three-year framework agreement for the purchase of Scope 3 greenhouse gas emission reductions from the use of sustainable marine fuels within the ocean carrier’s fleet.
As part of this agreement, the first order of 25,000 tons CO2e ...
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DP World, a global logistics and supply chain supply chain giant, agreed to a 10-year extension of its long-term agreement with shipping line Hapag-Lloyd for operations at the Port of Santos.
To meet growing demand, DP World advances its port capacity expansion plan to enable the handling of new volumes and ...
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GEODIS and Hapag-Lloyd launched a real-time Contract Application Programing Interface (API) that directly connects the ocean carrier ‘s pricing platform to GEODIS’ global rate database.This new integration delivers instant access to about 75 percent more rates than before, cutting processing time from up to five days to instant while improving ...
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Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect. The agreement builds on a strategic collaboration established in 2023 to accelerate the decarbonization of alternative marine fuels.
Biomethane, also known as Bio-LNG, plays a significant role in Hapag-Lloyd’s ...
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At its midway point in is financial year, shipping line Hapag-Lloyd saw significantly increased transport in a volatile shipping market characterized by chaotic implementation of tariffs.
Germany-based Hapag-Lloyd concluded its first half with group EBITDA of US$1.9 billion, up 11.3 percent from the first half of 2024.
The frequent changes in trade ...
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