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Tag: Hapag Lloyd

Gemini Cooperation introduces new Transpacific service

Gemini Cooperation, a container shipping alliance between Maersk and Hapag-Lloyd, will launch a new Transpacific service, covering East China and North East Asia to...

Hapag-Lloyd applies US$2,000/box rate increase on North America shipments

Hapag-Lloyd has announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) from the Indian Subcontinent and the Middle East to North America. For...

Global Container Shipping Stocks Surge as Market Sentiment Improves

Weekly Performance Overview In the week spanning May 12 to May 16, 2025, container shipping stocks experienced a strong upward momentum across global markets. As...

Hapag-Lloyd applies contingency surcharge on North America – Pakistan shipments

Hapag-Lloyd has announced a contingency surcharge (CSU) between Pakistan and North America, including the United States and Canada. The surcharge will be in effect from...

Hapag-Lloyd announces new Gambia peak season surcharge

Hapag-Lloyd will implement a Peak Season Surcharge (PSS) for shipments from the Americas, Europe, the Middle East and the Indian Subcontinent to the port...

Hapag-Llloyd applies higher rates between Far East and Europe

German ocean carrier Hapag-Lloyd has announced updated tariff rates for Freight of All Kinds (FAK) between the Far East and Europe. The increased prices will...

Hapag-Lloyd increases Asia/Oceania-Pakistan rates

Hapag-Lloyd will implement a General Rate Increase (GRI) from Asia and Oceania to Karachi Port and Muhammad Bin Qasim Port in Pakistan and vice...

Greek owner Minerva buys seventh boxship for over US$30 million

Greek shipping company Minerva has acquired the three-year-old, 1,781 TEU container ship Mindoro from German vessel owner Briese Schiffahrt for US$31.5 million. The transaction represents...

Hapag-Lloyd increases rates from Indian Sub to North America

German ocean carrier Hapag-Lloyd has announced a General Rate Increase (GRI)/General Rate Adjustment (GRA) from four Indian ports to the US East Coast, as...

Positive Q1 results for Hapag-Lloyd

Hapag-Lloyd concluded the first quarter of 2025 with EBITDA of US$1.1 billion, EBIT of US$487 million and profit of US$469 million. The German ocean carrier...
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