Red Sea crisis unlikely to end soon, Hapag-Lloyd CEO says
By Elke Ahlswede HAMBURG (Reuters) -Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forcing shipping companies … Read more
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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 … Read more
Factbox: Hapag-Lloyd, Maersk to form new alliance from 2025
FRANKFURT (Reuters) – Container vessel operators Hapag-Lloyd of Germany and Maersk of Denmark said on Wednesday they will form a new alliance from February 2025. … Read more
Hapag-Lloyd posts 77% drop in 9-month net profit, cuts outlook
By Vera Eckert and Elke Ahlswede FRANKFURT (Reuters) – German container shipper Hapag-Lloyd on Thursday posted a net profit of 3.2 billion euros ($3.43 billion) … Read more
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 … Read more
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 … Read more
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, … Read more