Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption
BERLIN (Reuters) – German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea,…
Hapag-Lloyd forecasts big drop off after record 2022 profit
FRANKFURT (Reuters) – German container shipper Hapag-Lloyd on Thursday posted a record profit of 17 billion euros ($18.08 billion) for 2022, 88% more than a year earlier, but said uncertainty around the…
Hapag-Lloyd CEO sees bounce in shipping demand as short-lived
FRANKFURT (Reuters) – Germany’s Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more muted outlook for the…
Global container fleet to grow more than demand – Hapag-Lloyd CEO
FRANKFURT – Global growth in container fleets through new orders and building activity will outstrip shipping demand from next year and ease current market tightness, the chief executive of Hapag-Lloyd said in…
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