Hapag-Lloyd Q1 2023 : Good resilience in weaker market environment
HAMBURG : Hapag-Lloyd has concluded the first quarter of 2023 with an EBITDA of USD 2.4 billion (EUR 2.2 billion). EBIT decreased to USD 1.9 billion (EUR 1.7 billion) compared to the same quarter
Hapag-Lloyd launches green biofuel-based transport solution
HAMBURG : Hapag-Lloyd has announced the launch of Ship Green, a new solution for climate-friendly, biofuel-based transport. Ship Green is accessible from anywhere at any time and does not require a long-term commitment, according
Hapag-Lloyd opens new office in Romania
HAMBURG : Hapag-Lloyd opens a new office in Romania. Bordering five European countries and with direct access to the Black Sea, Romania is an attractive growth market for Hapag-Lloyd and takes up a strategic
Hapag-Lloyd successfully concluded share acquisition in J M Baxi Ports & Logistics Limited
MUMBAI : Hapag-Lloyd on Wednesday successfully completed its acquisition of 40% shareholding in the J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust authority. In January 2023, Hapag-Lloyd had
Hapag-Lloyd launching new Latin America service
HAMBURG : Hapag-Lloyd is launching a new service connecting ports in Peru and Chile. The WCSA Feeder 4 (WS4) service is set to commence in June and vessels will calle the following port rotation: Callao
Container lines hold onto India-US trade GRIs despite little success signals
MUMBAI : Container lines seem to be firm on going ahead with a mild rate restoration programme for shipments from India to the United States and Canada even as they continue to face demand
Hapag-Lloyd increases freight rates from Asia to Latin America
HAMBURG : Hapag-Lloyd announced a new General Rate Increase (GRI) from Asia to the West Coast of Latin America, Mexico, Caribbean and Central America. The German carrier said that for cargo transported in 20’
HPC carries out technical due diligence for Hapag-Lloyd’s participation in J M Baxi Ports &a…
HAMBURG : Hamburg Port Consulting (HPC) is pleased to announce that it has performed the technical due diligence for Hapag-Lloyd as a basis for investment in a share of J M Baxi Ports &