MSC joins shipping giants Hapag-Lloyd and Maersk in Red Sea travel pause amid attacks
GENEVA : MSC, the world’s largest shipping carrier, said it is no longer traveling through the Suez Canal after its container ship, the MSC PALATIUM III, was attacked Friday while transiting the Red Sea
Lars Sorensen appointed as Senior Managing Director, Region Middle East of Hapag-Lloyd
HAMBURG : From January 1, 2024, Mr. Lars Sorensen will become Senior Managing Director Region Middle East based in Dubai, AE, Hapag-Lloyd. He will be succeeding Mr. Dheeraj Bhatia, who will become a new
THE Alliance announces updated service network for 2024
SINGAPORE : THE Alliance, including Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, has reconfigured its service network setup. The updated services will be effective from April 2024. “One of the key highlights
Hapag-Lloyd : New GRI from India and Pakistan to US East Coast
HAMBURG : Hapag-Lloyd has announced the following new general rate increase (GRI) / general rate adjustment (GRA) from India and Pakistan to the East Coast of the United States. This GRI/GRA will apply to
Shipping CEOs join forces to accelerate shipping industry decarbonization
DUBAI : The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime
Hapag-Lloyd CEO optimistic that shipping markets will rebalance
HAMBURG : Global shipping markets, which are due to add more capacity than anticipated demand will support, have a good chance of rebalancing within two years, said the Chief Executive of Germany’s Hapag-Lloyd to the
Hapag-Lloyd opens Technology Center in Chennai
CHENNAI : On Wednesday Hapag-Lloyd Technology Center (HLTC) is being launched in Chennai, a port city in eastern India. There, a team of 180 IT professionals will develop innovative software solutions for the maritime
Hapag-Lloyd to increase rates worldwide in December
HAMBURG : Hapag-Lloyd has announced rate increases in several routes across the world, which will take effect in December 2023. The German carrier will implement a general rate increase (GRI) from several countries in