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Tag Archives: Hapag Lloyd

Hapag-Lloyd vessel’s voyage stops in Venice due to engine issues

The MV “Stadt Dresden” Voyage 331S has suffered main engine issues while berthing in Venice. The vessel will not be able to continue her voyage to Damietta as she has to undergo repairs. At this stage it is unknown how long the repairs will take. All cargo that was already …

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“Yantian Express” update

Hapag-Lloyd’s announcement about “Yantian Express” situation: As you would be aware, MV “Yantian Express” suffered a major fire that has resulted in both the vessel and a proportion of the cargo becoming either fire- or water damaged. Hapag-Lloyd AG has engaged salvors SMIT Salvage Americas, LLC under a Lloyds Open Form contract …

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Hapag-Lloyd to implement Peak Season Surcharge

Strong market demand from North Europe to Mexico East Coast is leading to higher than usual operational costs on Hapag-Lloyd’s Atlantic Loop 4 (AL4). Consequently please be informed that effective for sailings as of March 1, 2019 and valid until further notice, Hapag-Lloyd will implement a Peak Season Surcharge (PSS) …

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Moody’s upgrades Hapag-Lloyd

Rating agency Moody’s has upgraded Hapag-Lloyd’s corporate family rating (CFR) to B1 from B2 and its senior unsecured bond rating to B3 from Caa1. The outlook remains stable. The improved rating acknowledges Hapag-Lloyd’s progress in integrating United Arab Shipping Company Limited (UASC) while reducing leverage and generating positive free cash …

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Hapag-Lloyd, new PSS in Europe Middle East

In light of current market demand, Hapag-Lloyd will apply a Peak Season Surcharge (PSS) for all container types on the Europe Middle East Trade from Black Sea to Middle East & Indian Subcontinent ports. Effective for sailings as of March 1, 2019 and valid until further notice the PSS from Black Sea ports into Middle East …

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Hapag-Lloyd to increase rates

With effect from April 1, 2019 Hapag-Lloyd will increase rates for all container types from the United States and Canada via East-West and Gulf Coast ports of loading to Australia and New Zealand by the following amounts: USD 175 per 20′ Container USD 300 per 40′ Container  

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“Olga Maersk” incident update

Hapag-Lloyd has been informed by the Vessel operator that the “Olga Maersk” repair period will be extended until approximately February 23, 2019. Given the vessel repair is completed by that date, Olga Maersk will be 8-9 days behind schedule and therefore overtaken by MV “Spirit of Sydney” Voy. 907S. Following are …

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Delays in Hapag-Lloyd’s AL4 service

M/V “Rio Blackwater” employed in Hapag-Lloyd’s AL4 Service under current voyage 007W will be delayed by approximately 14 days. Owners of this charter vessel have just informed the German company that class regulations require urgent repairs relevant for the safety of crew, cargo and ship which need to be executed …

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Hapag-Lloyd to apply new surcharge in Canada

In view of the continuing disruptions to maritime traffic in the St Lawrence River, as well as local trucking and railroad issues, and resulting congestion at the port of Montreal as well as schedule delays over and above the seasonal norm, Hapag-Lloyd will implement a Congestion Surcharge as from beginning …

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Hapag-Lloyd announces new prices

Hapag-Lloyd announces the following Ocean Tariff rates for all cargoes in 20’ and 40’ General Purpose (incl. High Cube Containers) on the westbound trade from East Asia to North Europe and Mediterranean: Valid for sailings commencing on tariffing date March 1, 2019 onwards and until further notice, Hapag-Lloyd’s Ocean Tariff rates from East …

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