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 to avoid the route through…
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 to avoid the route through…
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…
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. For Hapag-Lloyd, the tie-up, called…
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) for the first nine months…
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…
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…
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…