hapag-lloyd
Hapag-Lloyd’s nine-month profit drops 50% as shipping market volatility persists
Security risks and US policy shifts unsettle demand and freight rates, hurting shipping profits
Hapag-Lloyd says 30% of China’s US bound shipments have been cancelled
Demand surges for consignments from Thailand, Cambodia, and Vietnam
Hapag-Lloyd CEO sees solid shipping demand driving up freight rates
SOLID container shipping demand has driven up freight rates over the past two months, Hapag-Lloyd chief executive Rolf Habben Jansen said in a call with reporters on Wednesday (Jul 3).
Hapag-Lloyd to seek cost cuts after net profit slump
GERMAN container shipper Hapag-Lloyd on Thursday (Mar 14) said global vessel oversupply and a crisis in the Red Sea will force it to cut expenses in 2024, including adapting sailings and ports, after ...
Red Sea crisis unlikely to end soon: Hapag-Lloyd CEO
ATTACKS on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forcing shipping companies to avoid the route through the Suez Canal, the head of Germany’s Hapag-Lloyd t...
Hapag-Lloyd posts Q4 operating loss as Red Sea crisis weighs on volumes
HAPAG-LLOYD posted a wider-than-expected fourth-quarter operating loss due to lower transport volumes following the attacks on ships in the Red Sea, sending the container shipping group’s shares down ...
Hapag-Lloyd, Maersk announce deal for 3.4 million container alliance
HAPAG-LLOYD and Maersk have signed an agreement for a new long-term collaboration starting February 2025 with a combined capacity of 3.4 million containers (TEU), the two shipping companies said on We...