Search results for: Hapag-Lloyd

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  • 17 July 2018
    Vessels

    German-based Hapag-Lloyd named the liquefied natural gas (LNG)-ready 15,000 TEU containership Afif in the London Gateway.

  • 13 August 2018

    German-based liner shipping company Hapag-Lloyd is set to start two pilot projects as it looks to comply with the International Maritime Organization’s sulphur dioxide emissions reduction requirements. 

  • 28 October 2015
    Business & Finance

    German container shipping company Hapag Lloyd has extended its initial public offering (IPO) by a week to November 3rd, according to Frankfurt stock exchange. Hapag-Lloyd was planning to start trading on Friday. However, as reported by Reuters, the interest in the shares is believed to be subdued, especially following Maersk’s cutting of profit outlook. Despite Maersk’s announcement, Hapag-Lloyd said that […]

  • 28 October 2015
    Business & Finance

    German container shipping company Hapag Lloyd has extended its initial public offering (IPO) by a week to November 3rd, according to Frankfurt stock exchange. Hapag-Lloyd was planning to start trading on Friday. However, as reported by Reuters, the interest in the shares is believed to be subdued, especially following Maersk’s cutting of profit outlook. Despite Maersk’s announcement, Hapag-Lloyd said that […]

  • 17 April 2014
    Business & Finance

    Hapag-Lloyd AG and Compañía Sud Americana de Vapores (CSAV) have signed a binding contract on merging CSAV’s entire container business with Hapag-Lloyd. Following the integration, the new Hapag-Lloyd will rank among the four largest liner shipping companies in the world, with some 200 vessels with total transport capacity of around one million TEU, an annual […]

  • 17 October 2017
    Business & Finance

    German carrier Hapag-Lloyd has raised EUR 352 million (approx. USD 414 million) in gross proceeds from its capital increase scheme, the company informed. The capital increase, announced in September, saw 96.5 percent of the existing shareholders exercise their subscription rights. The move was agreed upon as part of the merger of Hapag-Lloyd and UASC. A total […]

  • 3 December 2014
    Business & Finance

    Hapag-Lloyd and the Chilean Compañía Sud Americana de Vapores (CSAV) are joining forces, by merging CSAV´s container business activities into Hapag-Lloyd, becoming the fourth-largest liner shipping company in the world, the German company said in a release. The merger of Hapag-Lloyd AG with the container business activities of the Chilean shipping company founded in Valparaíso, […]

  • 17 July 2018
    Business & Finance

    Hapag-Lloyd names containership in the United Kingdom after twenty years.

  • 28 July 2017
    Business & Finance

    German shipping major Hapag-Lloyd has added a new 15,000 TEU containership Afif to its fleet, strengthening its presence in South Korea. The company informed that the 150,800 gross ton vessel “was delivered in perfect condition to Hapag-Lloyd and is already making its way to Pusan.” Featuring a length of 368 meters and a width of […]

  • 2 July 2020
    Business & Finance, Business developments & projects, Market outlooks

    German container shipping major Hapag-Lloyd intends to navigate through the coronavirus crisis without seeking state aid.

  • 23 May 2013
    Business & Finance

    Hapag-Lloyd is launching the new Levante Express Service (LEX). First sailing of the weekly service which further enhances Hapag-Lloyd’s port coverage in the Tyrrhenian Sea and Levant will be June 18 from Cagliari. The LEX links ten ports in Italy, Turkey and Egypt including the hub ports Cagliari, Damietta and Port Said for connectivity to […]

  • 12 April 2012
    Business & Finance

    Russia Express Service (REX) starts in May / Weekly sailings from Bremerhaven and Hamburg to the Baltic region / Numerous onward connections to global service network From the beginning of May Hapag-Lloyd will be offering a new express connection from Germany to the Baltic region. The Russia Express Service (REX) links Hamburg and Bremerhaven, the […]

  • 29 March 2017
    Business & Finance

    German liner company Hapag-Lloyd believes its merger with the United Arab Shipping Company (UASC) would be closed within the next few weeks despite reports that the deal has been hindered by Qatar. The two liners reportedly fear that Qatar, which is UASC’s top shareholder, might sell some of its shares that could in turn be […]

  • 30 September 2015
    Business & Finance

    Container carriers Hapag-Lloyd and Maersk Line have agreed to cooperate on improving their protective measures against incorrectly declared and undeclared dangerous goods. In a meeting which held in Hamburg on Wednesday, Maersk Line showed their interest to implement a tracing system similar to Hapag-Lloyd’s watchdog program into their business processes. This watchdog together with the Hapag-Lloyd FIS […]

  • 12 September 2018
    Business & Finance

    Hapag-Lloyd has christened its 15,000 TEU ship Al Jmeliyah in Rotterdam on September 11.

  • 24 May 2017
    Business & Finance

    German liner shipping company Hapag-Lloyd and its UAE-based counterpart United Arab Shipping Company (UASC) merged today, Hapag-Lloyd said in a statement. As informed, the merger between the duo was completed today in Hamburg. “This is an important strategic milestone and a big step forward for Hapag-Lloyd,” said Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd. “We […]

  • 15 December 2017
    Business & Finance

    Standard & Poor’s affirmed Hapag-Lloyd’s B+ rating and revised its outlook from negative to stable.

  • 25 July 2016
    Business & Finance

    Last week’s merger agreement between German shipping major Hapag-Lloyd and United Arab Shipping Company (UASC) was made amid ‘significant financial challenges’ that both companies are facing, according to Alphaliner. Despite annual synergy savings of USD 400 million, which the company hopes to achieve from the combination of Hapag-Lloyd’s and UASC’s container shipping businesses, the merged carrier will still require additional financial support […]

  • 8 December 2016
    Business & Finance

    German container shipping major Hapag-Lloyd held a naming ceremony for Valparaíso Express, the first of five newbuildings in the company’s new 10,500 TEU class, on December 7, 2016. Named at the Terminal Pacifico Sur (TPS) in the port of Valparaíso, Chile, the 118,945 gross ton Valparaíso Express was built by South Korean shipbuilder Hyundai Samho Heavy Industries. […]

  • 21 October 2015
    Business & Finance

    Analysts at Drewry Maritime Equity Research (DMER) have advised investors to subscribe to Hapag-Lloyd’s USD 300 million initial public offering (IPO), saying that the German container line has set an attractive price for its shares, which offsets the current slump in container shipping market and will in time create value for shareholders.  The timing and merits of […]

  • 28 August 2016
    Business & Finance

    German shipping company Hapag-Lloyd has received an approval from its shareholders during the company’s annual general meeting held on Friday on creating the capital conditions required for the planned merger with the Arabian carrier United Arab Shipping Company (UASC). Hapag-Lloyd’s shareholders approved the creation of new authorised share capital which is “to be used for the merger […]

  • 30 September 2015
    Business & Finance

    Container carriers Hapag-Lloyd and Maersk Line have agreed to cooperate on improving their protective measures against incorrectly declared and undeclared dangerous goods. In a meeting which held in Hamburg on Wednesday, Maersk Line showed their interest to implement a tracing system similar to Hapag-Lloyd’s watchdog program into their business processes. This watchdog together with the Hapag-Lloyd FIS […]