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Hapag-Lloyd/Zim takeover embeds Top 5 carriers’ preeminence: Drewry

Container
LONDON: Hapag-Lloyd’s planned $4.2 billion takeover of Zim will help it stay relevant in an increasingly consolidated container shipping market. What are the implications...

Hapag-Lloyd’s acquisition of Zim an era defining moment

International Shipping
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...

Hapag-Lloyd signs merger agreement with ZIM

Global Trade
Combined business would exceed a standing capacity of over 3 million TEU with more than 400 vessels and transport more than 18 million TEU...

New Damietta Alliance Container Terminals (DACT) launches commercial operations

Container Terminal
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...

Hapag-Lloyd publishes preliminary business figures for 2025

International Shipping
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...

Hapag-Lloyd updates about suspension of commercial cargo transit at Pakistan–Afghanistan Border

Global Trade
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...

Hapag-Lloyd unit completes acquisition of Florida International Terminal

Container 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...

Hapag-Lloyd delegation visits Sri Lanka Ports Authority

Foreign Ports
COLOMBO : A senior delegation from Hapag-Lloyd recently visited the Sri Lanka Ports Authority (SLPA) to strengthen ties and explore opportunities for further cooperation....
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