The Gemini Alliance to sail from 2025
By Mr. Gautham Krishnan The start of 2023 saw the 2M alliance between A.P. Moller – Maersk and MSC Mediterranean Shipping Company announcing separation with effect from Jan1, 2025. The move was touted
Container Shipping bracing for downturn : Hapag-Lloyd Chief
HAMBURG : The container shipping industry faces a few years of headwinds as low freight rates, a weak European economy and widening geopolitical turmoil cloud the outlook, the head
Hapag-Lloyd increases rates from Turkiye and Bangladesh
HAMBURG : German ocean carrier Hapag-Lloyd has announced new ocean tariff rates from Turkiye and Bangladesh, which will be effective from 1 November. The updated prices from Turkiye
Hapag-Lloyd increases rates from India to Africa
HAMBURG : German box line Hapag-Lloyd announced a new General Rate Increase (GRI) from India to Ghana and Nigeria for cargo transported in 20’ and 40’ dry containers,
Maersk and Hapag-Lloyd put shippers on notice ahead of European ETS surcharges
COPENHAGEN/HAMBURG : European shippers and freight forwarders are beginning to understand how new EU emissions regulations, set to come into force in January, could increase ocean freight costs.
Shipping Industry must work together to create a level-playing field : Rolf Habben Jansen,Hapag-Lloy
BRUSSELS : The shipping industry needs to work together to accelerate the energy transition and establish a level playing field, ensuring Europe’s competitive edge on the global stage,
Hapag-Lloyd Annual General Meeting approves all proposed resolutions
HAMBURG : Hapag-Lloyd AG shareholders approved today with the required majority all items on the agenda put to the vote at the Annual General Meeting. This included the
Lion’s share done: Hapag-Lloyd’s 100,000 reefer containers are smart now
HAMBURG : Hapag-Lloyd reached the milestone of equipping 100,000 of its reefers with a monitoring device, a target that was set with the start of the rollout in
Hapag-Lloyd publishes 2022 annual report and announces forecast for the current financial year
HAMBURG : Hapag-Lloyd published its annual report for 2022, the year of its 175th anniversary. According to the report, Hapag-Lloyd’s EBITDA increased to USD 20.5 billion (EUR 19.4