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hapag-lloyd

Possible East-West Alliance Could Encompass 18% of World Container Fleet Capacity

Hanjin, Hapag-Lloyd, “K”Line, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Yang Ming have agreed to create a new alliance covering all East-West trade lanes namely, Asia-Europe/ Mediterranean, Asia-North America West Coast, Asia-North America East Coast, Transatlantic and Asia-Middle East/Persian Gulf/Red Sea. A binding agreement has been concluded by all partners and “THE Alliance” is scheduled to begin operation in April 2017 subject to approval of all relevant regulatory authorities. The ... [+]

Hapag-Lloyd and United Arab Shipping Company “Talk”

Hapag-Lloyd AG (HL) and United Arab Shipping Company SAG (UASC) are currently discussing forms of cooperation including a potential combination of their mutual container shipping operations. In case of a business combination, the parties are basing their discussions on a relative valuation of the two businesses at 72% (HL) and ... [+]

Hapag-Lloyd Focuses More Intensely on Special Cargo

Hapag-Lloyd is focusing even more intensely than before on Special Cargo for container vessels. In order to be able to transport more cargo which does not fit into standard containers due to oversize or overweight, Hapag-Lloyd has strengthened its team of specialists. In addition to its Special Cargo Division ... [+]

Hapag-Lloyd Content with FY 2015 Figures

Hapag-Lloyd achieved a net profit of EUR 114 million (previous year: EUR -604 million) in the financial year 2015. “The result for the year is in line with our expectations,” said Rolf Habben Jansen, CEO of Hapag-Lloyd AG. “Hapag-Lloyd has delivered what we promised. Also in comparison with our main ... [+]

Hapag-Lloyd Posts Operating Profit in Q4 2015

Hapag-Lloyd has achieved its earnings targets for 2015 and also in Q4 significantly improved its operating result (EBIT) versus prior year. Based on the preliminary unaudited figures, Hapag-Lloyd increased operating earnings before interest, taxes, depreciation of intangible and fixed assets (EBITDA) to EUR 831.0 million (2014: EUR 98.9 million) and the ... [+]

Hapag-Lloyd Purchases Two Ships, Further Optimizes Fleet

Hapag-Lloyd has taken delivery of two modern 3,500-TEU ships from the Dutch shipping company NileDutch. The purchase price was not disclosed, but the ships, which have a special wide-beam design, are being initially deployed in South America. The wide-beam design of the hull means that the ships, which were built ... [+]

Hapag-Lloyd Enhances Reefer Fleet

Hapag-Lloyd recently added 3,000 PrimeLINE® units to its fleet to enhance its capabilities for shipping perishable goods. This includes 1,000 of the refrigerated containers equipped with Carrier Transicold’s innovative XtendFRESH™ controlled-atmosphere system. The XtendFRESH system actively manages oxygen and carbon dioxide levels within refrigerated containers and removes ethylene, thus slowing the ... [+]

Hapag-Lloyd Registers Big Increase in Incorrectly Declared Dangerous Goods

Hapag-Lloyd registered considerably more incorrectly declared dangerous goods last year, compared to 2014. The Watchdog program developed jointly by Hapag-Lloyd’s IT and dangerous goods experts – a special safety software that continuously checks cargo data to identify anything conspicuous identified 4,314 incorrectly declared dangerous goods cases last year. This is ... [+]

Maersk Line to Set Up a Tracing System Similar to Hapag-Lloyd´s

Hapag-Lloyd and Maersk Line have agreed to cooperate in increasing the safety of Dangerous Goods. In a meeting held in Hamburg, Maersk Line showed interest to implement the Hapag-Lloyd watchdog program into their business processes. This watchdog, together with the Hapag-Lloyd FIS (Freight Information System), is continuously examining cargo data to ... [+]

Hapag-Lloyd Secures Financing for five 10,500 TEU Vessels

Hapag-Lloyd and a banking syndicate signed a US$ 372 million facility agreement with a term of 12 years on October 1. The company will use the loan to finance five new vessels, which were ordered in April 2015 for delivery between October 2016 and May 2017. The total investment volume ... [+]

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