hapag-lloyd
Hapag-Lloyd achieved a positive operating result (EBIT) for 2016. Based on the preliminary unaudited figures earnings before interest, taxes, depreciation of intangible and fixed assets (EBITDA) reached EUR 607 million (2015: EUR 831.0 million) and the operating result (EBIT) EUR 126 million (2015: EUR 366.4 million) in 2016. The EBITDA margin is 7.9%. In the 4th Quarter Hapag-Lloyd was able to increase EBITDA compared to 4th Quarter of the previous ...
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Hapag-Lloyd held a naming ceremony for the “Valparaíso Express”, the first of five new vessels in its new 10,500 TEU class, today. Mrs. Rozío Gonzaléz, the wife of Mr. Andrónico Luksic, Chairman of the Board of the Quiñenco Group, performed the ceremony at the Terminal Pacifico Sur (TPS) in the ...
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Coffee is one of the most widely traded goods in the world. Each year, roughly nine million tonnes are harvested globally and then exported across the world. About one in every hundred containers on board of Hapag-Lloyd vessels is filled with whole or ground coffee beans – and this figure ...
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Hapag-Lloyd closed the third quarter with a net profit of EUR 8.2 million (previous year: EUR 3.2 million) and an operating result (EBIT) of EUR 65.6 million (previous year: EUR 80.9 million). Hapag-Lloyd was able to generate a positive operating result of EUR 25.9 million in the first nine months ...
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Metro trains are heading to Peru thanks to efforts by Hapag-Lloyd to load a metro train with six cars on August 16 in Salerno, Italy. The train will be shipped aboard the “Cerinthus” to the Peruvian port of Callao. From there, it will be transported to the capital Lima using ...
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Subdued economic growth in many parts of the world, persistently tough competition in the liner shipping industry and further declines in freight rates have marked the first half of the
2016 business year. While transport volume remained stable in the first six months at 3.7 million TEU (-0.4 % compared to ...
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Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) signed a Business Combination Agreement (BCA) to merge both companies on July 18, subject to the necessary regulatory and contractual approvals.
Following the integration, the new Hapag-Lloyd will rank among the five largest container shipping lines in the world, with 237 ...
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When the two transmitted their distress call on July 4, the “Hamburg Express”, flagship of Hapag-Lloyd’s fleet, was among a number of ships that happened to be in the area. Over two hours after the distress call went out, the second officer spotted the small yacht as it was pitching ...
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Hanjin, Hapag-Lloyd, “K”Line, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Yang Ming have agreed to create a new alliance covering all East-West trade lanes namely, Asia-Europe/ Mediterranean, Asia-North America West Coast, Asia-North America East Coast, Transatlantic and Asia-Middle East/Persian Gulf/Red Sea. A binding agreement has been concluded by all partners ...
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Hapag-Lloyd AG (HL) and United Arab Shipping Company SAG (UASC) are currently discussing forms of cooperation including a potential combination of their mutual container shipping operations. In case of a business combination, the parties are basing their discussions on a relative valuation of the two businesses at 72% (HL) and ...
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