hapag-lloyd
The Gemini cooperation agreement between Maersk and Hapag-Lloyd will rely heavily on a small number of transshipment hubs to support its new hub-and-spoke network, according to Drewry’s latest quarterly Ports and Terminals Insight report.While several of the terminals within the planned network reflect world-class operational performance in terms of intensity of asset use, strong performances will be essential for Gemini’s strategy.Since MSC and Maersk announced in January 2023 that the ...
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German ocean line Hapag-Lloyd on Tuesday released its latest Sustainability Report, underlining the company’s commitment to pioneering sustainable practices in the maritime industry and reflecting its progress towards a more sustainable future.As part of its goal to operate a net-zero fleet by 2045, Hapag-Lloyd reduced the absolute greenhouse gas emissions ...
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Liner carrier Hapag-Lloyd, which recently announced the Gemini Cooperative with A.P. Moller - Maersk, reported a significant decrease in earnings in its 2023 financial year.Group EBITDA was US$4.8 billion, compared with US$19.4 billion for fiscal 2022, which the company attributed to lower freight rates due to the normalization of global ...
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Hapag-Lloyd recently reported that it concluded the first nine months of 2023 with a Group EBITDA of $4.5 billion and a Group EBIT of $3.0 billion. The Group profit stood at $3.4 billion. These results are significantly below the prior-year level due to the severe change in market conditions. With ...
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Hapag-Lloyd has successfully completed its 100 % acquisition of SM SAAM’s terminal business and related logistics services, which is based on an agreement announced in October 2022. The transaction was approved unconditionally by the relevant antitrust authorities of all countries involved in this acquisition process.“We are very pleased about the ...
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Hapag-Lloyd has concluded the first nine months of 2022 with an EBITDA of USD 16.6 billion (EUR 15.6 billion) and an EBIT of USD 15.1 billion (EUR 14.2 billion). At the same time, the Group profit climbed to USD 14.7 billion (EUR 13.8 billion).“Thanks to higher freight rates, we have ...
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Canadian Pacific and Hapag-Lloyd announced on April 25 an additional call into Port Saint John, N.B., via a seasonal extra loader in another step forward for the growing Atlantic Canada port.This additional call follows their inaugural service call into Port Saint John in May 2021, connecting via CP rail service ...
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The Port of Virginia® is the only US East Coast stop for ocean carrier Hapag Lloyd’s reworked Mediterranean Gulf Coast Express (MGX) that will move cargo overland by rail to California via Virginia.“This is an innovative decision by one of our long-time customers to take advantage of our efficiency and ...
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Nexxiot, a global TradeTech pioneer, will become one of the official suppliers to digitalize the Hapag-Lloyd container fleet. Nexxiot will equip a significant share of the 3 million TEU fleet from Hapag-Lloyd with innovative IoT technology and analytics, enabling for the first time the worldwide monitoring of shipping containers that ...
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Rehina Leidenius is a Customer Service Support Assistant at the Hapag-Lloyd office in Odessa. In the last weeks she flew to the company’s QSC in Izmir. Hapag-Lloyd talked to Rehina about her experiences since the Russian invasion started.Rehina, what are your personal experiences since the invasion started?Rehina Leidenius: I live ...
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