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. 

  • 17 July 2018
    Business & Finance

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

  • 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 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, […]

  • 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 […]

  • 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 […]

  • 12 September 2018
    Business & Finance

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

  • 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 […]

  • 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 […]

  • 20 March 2019
    Business & Finance

    Hapag-Lloyd decides to implement Xvela’s collaboration services to increase transparency.

  • 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 […]

  • 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 […]

  • 15 December 2017
    Business & Finance

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

  • 30 January 2018
    Business & Finance

    Hapag-Lloyd is to launch a new weekly service between the Saudi Arabian port of Jeddah and the east coast of Africa.

  • 5 July 2017
    Business & Finance

    German shipping major Hapag-Lloyd has increased the volume of its euro bond offering from EUR 300 million to EUR 450 million due to high demand, the company informed. The proceeds will be used to redeem Hapag-Lloyd’s existing 7.75% and 7.50% senior euro notes due 2018 and 2019. The senior notes are issued with a maturity of […]

  • 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 […]

  • 28 June 2017
    Business & Finance

    Rating agency Standard & Poor’s confirmed German shipping major Hapag-Lloyd’s B+ rating and took the company off its CreditWatch with future negative implications. Hapag-Lloyd was upgraded to Outlook Negative. The merger with United Arab Shipping Company (UASC) has added debt to the company’s capital structure. However, due to the acquired ships and containers of UASC no […]

  • 25 March 2020
    Business & Finance

    Hapag-Lloyd has on-hired over 100,000 TEU of additional equipment across the globe to keep the supply chain flowing.