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hapag-lloyd

Virginia is the Only Stop for Hapag-Lloyd

The Port of Virginia® is the only US East Coast stop for ocean carrier Hapag Lloyd’s reworked Mediterranean Gulf Coast Express (MGX) that will move cargo overland by rail to California via Virginia.“This is an innovative decision by one of our long-time customers to take advantage of our efficiency and our rail reach into the Midwest,” said Stephen A. Edwards, CEO and executive director of the Virginia Port Authority. “It’s ... [+]

Nexxiot digitalizes Hapag-Lloyd container fleet

Nexxiot, a global TradeTech pioneer, will become one of the official suppliers to digitalize the Hapag-Lloyd container fleet. Nexxiot will equip a significant share of the 3 million TEU fleet from Hapag-Lloyd with innovative IoT technology and analytics, enabling for the first time the worldwide monitoring of shipping containers that ... [+]

“I woke up when the bombing started”

Rehina Leidenius is a Customer Service Support Assistant at the Hapag-Lloyd office in Odessa. In the last weeks she flew to the company’s QSC in Izmir. Hapag-Lloyd talked to Rehina about her experiences since the Russian invasion started.Rehina, what are your personal experiences since the invasion started?Rehina Leidenius: I live ... [+]

New Service between Western Med and Central, South America

Hapag-Lloyd launched its new service Mediterranean, Caribbean, Central America, West Coast South America Express (MSW) in early May 2022. With this new weekly service, Hapag-Lloyd will connect the Western Mediterranean directly with the West Coast of South America.With six vessels, the service offers fast transportation for reefer cargo to and ... [+]

Hapag-Lloyd shows strong start to the year in Q1

Hapag-Lloyd has concluded the first quarter of 2021 with earnings before interest, taxes, depreciation and amortization (EBITDA) of roughly $1.9 billion (approximately EUR 1.6 billion). Earnings before interest and taxes (EBIT) rose to roughly $1.5 billion (approximately EUR 1.3 billion). The Group net result improved to around $1.5 billion (EUR ... [+]

Hapag-Lloyd acquires Africa specialist NileDutch

Hapag-Lloyd and NileDutch have signed a sale and purchase agreement where Hapag-Lloyd acquires all shares of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). With over 40 years of expertise, NileDutch is one the leading providers of container services from and to West Africa. The company is present ... [+]

Hapag-Lloyd orders six ultra large container vessels of 23,500+ TEU

Hapag-Lloyd has signed an order for six ultra large container vessels. The Korean ship yard Daewoo Shipbuilding & Marine Engineering will build the 23,500+ TEU vessels and deliver them to Hapag-Lloyd between April and December 2023. The vessels will be deployed on the Europe – Far East routes as part ... [+]

Port of Virginia is Only US East Coast Stop for Europe-to-Caribbean Service

On December 5, The Port of Virginia® welcomed the HAMMONIA EMDEN, the first container ship in a new vessel service that gives the port a direct link to both Northern Europe, an important market for imports, and the Caribbean, an emerging market for export cargo. Virginia is the only ... [+]

Hapag-Lloyd delivers good half-year result

Hapag-Lloyd has concluded the first half of the year 2020 with earnings before interest and taxes (EBIT) of USD 563 million (EUR 511 million), thereby surpassing the prior-year figure of USD 440 million (EUR 389 million). The Group profit improved to USD 314 million (EUR 285 million). At the same ... [+]

Hapag-Lloyd Financials

For the first quarter of 2020, Hapag-Lloyd recorded earnings before interest and taxes (EBIT) of US$176 million, which is below the corresponding prior-year figure of US$243 million. The Group net result declined to approximately US$27 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) decreased slightly to US$517 million. “Despite the ... [+]

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