hapag-lloyd
Global container shipping schedule reliability declined for a fourth consecutive month in September, falling 2 percentage points to 27 percent, according to Xeneta.
Average vessel delays increased to six days, up 2.4 days since the beginning of the second quarter. Xeneta attributed much of the deterioration to the lingering effects of typhoons and congestion across Asian trades.
Reliability between the Far East and Europe fell to 4 percent, its lowest level since ...
[+]
The container shipping industry’s return to the Suez Canal could weaken time-charter markets and eventually place additional pressure on freight rates as carriers absorb capacity released from longer Cape of Good Hope routings, BIMCO Chief Shipping Analyst Niels Rasmussen said.
Container ship capacity transiting the canal averaged 753,000 TEUs per week ...
[+]
The Suez experiment is approaching its litmus test.
After more than two years of trial voyages, security assessments and cautious rerouting, container lines are beginning to move entire service strings back through the Red Sea and Suez Canal.
The latest shift comes from the Gemini Cooperation, where Maersk and Hapag-Lloyd are returning ...
[+]
Ocean freight procurement teams are rethinking the annual tender as volatile rates, unpredictable surcharges and inconsistent carrier performance make it increasingly difficult to build a freight budget that can survive an entire year.
That was a common theme from recent Xeneta shipper roundtables in Atlanta, Houston and London, where procurement executives ...
[+]
The investment will give Hapag-Lloyd long-term capacity at the expanding Maasvlakte II terminal, a key European hub for the Gemini Cooperation.
Hapag-Lloyd has agreed to acquire a 25 percent stake in APM Terminals Maasvlakte II in Rotterdam, strengthening the carrier’s access to automated terminal capacity at a key European hub for ...
[+]
Hapag-Lloyd reported improved volumes and freight rates in the second quarter, but an estimated US$600 million in additional costs related to the Middle East conflict weighed heavily on earnings.
The Hamburg-based container carrier reported Q2 group revenue of US$5.84 billion, up nearly 11 percent from US$5.27 billion a year earlier. EBITDA ...
[+]
Hapag-Lloyd reported a first-quarter loss as weaker freight rates, severe weather disruptions and the conflict in the Middle East weighed heavily on earnings, while the German carrier maintained a cautious outlook for the remainder of 2026.
The Hamburg-based carrier posted first-quarter revenue of US$4.9 billion, down from US$5.3 billion a year ...
[+]
Hapag-Lloyd has opened a new office in Cotonou, expanding its presence in West Africa and strengthening direct customer engagement in the Benin market.
The move reflects the growing importance of Benin as a regional trade hub, with the Port of Cotonou serving as a gateway to inland markets including Niger and ...
[+]
A.P. Moller-Maersk said its East-West Network, launched under the Gemini Cooperation with Hapag-Lloyd, has achieved schedule reliability above 90 percent in North America, underscoring efforts by ocean carriers to improve consistency after years of supply chain disruption.
The network, introduced in February 2025, marked a major overhaul of east-west trade lanes. ...
[+]
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 ...
[+]
More »
