Hapag-Lloyd Aktiengesellschaft

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Hapag-Lloyd AG is a container liner shipping company, which engages in the transportation of containers by sea. It operates through the following geographical segments: Atlantic, Transpacific, Far East, Middle East, Intra-Asia, Latin America, and Africa. Its products include dry cargo, reefer cargo, dangerous goods, and special cargo. The company was founded in 1847 and is headquartered in Hamburg, Germany.

Two days before Christmas, Hapag-Lloyd presented its plans for six container ships, each with a carrying capacity of more than 23,500 twenty-foot equivalent units (TEUs). On Christmas Eve, Ocean Network Express (ONE) announced it had signed a letter of intent for the long-term charter of six vessels, each with a capacity of more than 24,000 TEUs.

Hapag-Lloyd, ONE order ultra large container ships

Canadian Pacific Kansas City Limited

Container shipping line Hapag-Lloyd and Canadian Pacific Railway (NYSE: CP) are extending their rail service agreement to 2025 at the Port Saint John in New Brunswick, Canada. According to CP, the agreement comes after “successful calls” to the Port Saint John this past summer, and Germany-headquartered Hapag-Lloyd will begin regular service with CP in 2021.

Canadian Pacific, Hapag-Lloyd extend Port Saint John agreement

If you take a direct hit from a Category 3 hurricane, the fallout is far more severe if the storm stalls over your house than if it quickly passes by. The same goes for supply chains.

Hapag-Lloyd: Box boom, capacity crunch may last into 2021

The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each Friday, FreightWaves explores the archives of American Shipper's nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago.

FreightWaves Flashback: Hapag-Lloyd fleets merge

Demand for ocean shipping is healthy again and freight rates are high, but Hapag-Lloyd Aktiengesellschaft (OTC: HPGLY) CEO Rolf Habben Jansen doesn't want to "get carried away," cautioning there still could be economic hits to come from the continuing coronavirus pandemic.  "The rates on the trans-Pacific have been very, very strong.

Hapag-Lloyd CEO Cautious Despite High Demand, Rates

Hapag-Lloyd (ETR: HLAG) said on Friday that in the first half (H1) of the current fiscal year, its net profit posted an almost 100% increase. The company reaffirmed its guidance for the full year but acknowledged the rising Coronavirus uncertainty that it said can result in disruptions in the future.

Hapag-Lloyd sees a 95% increase in net profit in the first six months of 2020

"Your cargo has been rolled." Not only does that statement elicit groans from customers, it causes delayed cargo, more administrative work and often additional commercial costs.

Hapag-Lloyd Promising Cargo Loaded As Booked

German container shipping line Hapag-Lloyd said it had notified customers it will stop accepting cargoes of solid waste, including scrap metal, bound for China that arrive from Sept. 1 onwards to comply with new legislation.

Hapag-Lloyd to halt waste shipments to China

News for Hapag-Lloyd Aktiengesellschaft Stock (HPGLY)