Hapag-Lloyd’s acquisition of Zim an era defining moment
HAMBURG : Hapag-Lloyd’s $4.2 billion deal to buy Zim is the beginning of the end of the container shipping’s age of consolidation as the top carriers vie for market share. More than 20 years
Hapag-Lloyd signs merger agreement with ZIM
Combined business would exceed a standing capacity of over 3 million TEU with more than 400 vessels and transport more than 18 million TEU p.a.Customers to benefit from a significantly strengthened networkSpecial State Share
New Damietta Alliance Container Terminals (DACT) launches commercial operations
DAMIETTA PORT (EGYPT): The “Essen Express” (13,117 TEU) will be the first Hapag-Lloyd vessel to call at the Damietta Alliance Container Terminals (DACT) facility on Saturday, February 14, marking the launch of operations at
Hapag-Lloyd publishes preliminary business figures for 2025
HAMBURG: On the basis of preliminary figures, Hapag-Lloyd achieved Group revenues of USD 21.1 billion (EUR 18.6 billion) in the 2025 financial year. The Group EBITDA stood at USD 3.6 billion (EUR 3.2 billion) and the Group EBIT at
Hapag-Lloyd updates about suspension of commercial cargo transit at Pakistan–Afghanistan Border
HAMBURG : Hapag-Lloyd has informed customers and stakeholders that commercial cargo transit operations at the Pakistan–Afghanistan border have been temporarily suspended due to the prevailing geopolitical situation between the two countries. As a consequence
Hapag-Lloyd unit completes acquisition of Florida International Terminal
FLORIDA : Chile-based Grupo de Empresas Navieras (GEN) has sold its stake in Florida International Terminal for $29.96 million to Hanseatic Global Terminals, a subsidiary of Hapag-Lloyd, its partner in that port complex. With
Hapag-Lloyd delegation visits Sri Lanka Ports Authority
COLOMBO : A senior delegation from Hapag-Lloyd recently visited the Sri Lanka Ports Authority (SLPA) to strengthen ties and explore opportunities for further cooperation. The delegation included Mr Christiaan Goeman Borgesius, Senior Director –
Hapag-Lloyd announces GRI from East Asia to North America
HAMBURG : Hapag-Lloyd implemented a general rate increase (GRI) from East Asia to North America for cargo transported in dry, reefer and special containers, including high cube equipment. More specifically, there will be a
