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Thursday, April 18, 2024
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Tag: Hapag Lloyd

Major lines’ margins in negative territory for first time after five years

Mainline operators’ operating profit margins fell into negative territory for the first time since 2018, due to losses in 4Q 2023, according to Alphaliner’s...

Hapag-Lloyd announces Mediterranean-South America West Coast service updates

German ocean carrier Hapag-Lloyd has announced changes in its Mediterranean-South America West Coast (MSW) service, which will be effective from 20 March. Hapag-Lloyd will introduce...

Hapag-Lloyd increases Asia container rates

German ocean carrier Hapag-Lloyd said its ocean tariff rates for Freight All Kinds (FAK) between Far East and North Europe & Mediterranean will increase. The...

Carriers ‘undo’ rate hikes on India-US trades amid cargo volume pressure

Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump...

Rolf Habben Jansen remains at the helm of Hapag-Lloyd

The Supervisory Board of Hapag-Lloyd has decided to renew the contract of Chief Executive Officer (CEO) Rolf Habben Jansen, which runs until 31 March...

Hapag-Lloyd records third-highest group profit in history despite significant financial declines

German ocean carrier Hapag-Lloyd has reported revenues of US$19.4 billion and profit of US$3.2 billion in 2023, translating to massive year-on-year drops from US$36.4...

Hapag-Lloyd applies new GRI from Latin America to North America, Mexico, Central America and Caribbean

Hamburg-headquartered box line Hapag-Lloyd has announced a new general rate increase (GRI) from Latin America East Coast ports to North America, Mexico, Central America...

Hapag-Lloyd revamps Africa service network

Starting in April 2024, Hapag-Lloyd will be enhancing its operations in the African continent, specifically by revamping its West-Europe-West-Africa (WWA) and West Africa Express...

Hapag-Lloyd teams up with Ankeri Solutions in “transformative” partnership

German shipping company Hapag-Lloyd has entered into a contract partnership with Ankeri Solutions, an innovative software firm specializing in maritime sustainability solutions. This strategic alliance...

Hapag-Lloyd increases rates from North Europe and Mediterranean

Hapag-Lloyd has unveiled new ocean tariff rates for shipments from North Europe to destinations including India, Pakistan, the Red Sea, and the Arabian Gulf. The...
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Singapore Shipping Association unveils tool to enhance cyber risk management

Singapore Shipping Association (SSA), a trade association advocating for the interests of over 500 Singapore-based companies involved in ship owning, operating, and maritime services,...

MSC applies new prices from Far East to Europe

Swiss/Italian container carrier MSC will implement the following new Freight All Kind (FAK) rates from Asia to Europe. Effective as from 1 May but not...

Port of Antwerp-Bruges handles over 3.2 million TEUs in first quarter

The Port of Antwerp-Bruges said that despite the ongoing complexities in geopolitics and macroeconomics, its volume growth, primarily driven by a resurgence in container...

Port of Rotterdam achieves 10% CO2 emission reduction in 2023

In 2023, there was a 10% reduction in CO2 emissions at the port of Rotterdam compared to 2022, amounting to a decrease of 2.2...