Maersk and Hapag-Lloyd to deploy up to 340 vessels in new Gemini Cooperation
COPENHAGEN : The cooperation comprises a fleet of around 300 to 340 vessels among which Maersk is to deploy 60% of them, while Hapag-Lloyd would deploy the remaining
New alliance formation intensifies battle between major lines
SINGAPORE : With the container shipping alliance landscape expected to change in less than five months, it is worth examining the current dynamics of the alliances and how
Maersk and Hapag-Lloyd announce two ocean network options with equal industry leading schedule relia
COPENHAGEN/HAMBURG : In February 2025, Maersk A/S (Maersk), an entity under A.P. Moller – Maersk, and Hapag-Lloyd AG (Hapag-Lloyd) launch their operational collaboration Gemini Cooperation. The ambition is
Hapag-Lloyd implements updated rates from West Med to Latin America
HAMBURG : Hapag-Lloyd has announced an increase in ocean tariff rates for containers travelling from the West Mediterranean to Latin America. According to the German company’s statement, the
Inmarsat’s Nexuswave trialed by Hapag-Lloyd for enhanced Maritime connectivity
LONDON : Inmarsat Maritime, a Viasat company, has announced that global container liner shipping group Hapag-Lloyd is among the first to trial NexusWave, the fully managed service which delivers an unparalleled global service orchestrated by bringing
Hapag-Lloyd raises rates from Asia to Latin America
HAMBURG : Hapag-Lloyd has announced a new General Rate Increase (GRI) from Asia to the West Coast of South America, Mexico, Central America and the Caribbean. This GRI
Hapag-Lloyd falls short of US$800 million profit in first half
HAMBURG : Hapag-Lloyd concluded the first half year of 2024 with a Group EBITDA of USD 2 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.9
First refrigerator container rake flagged off by Waltair Rly division
VISAKHAPATNAM : The Waltair Railway division of the East Coast Railway Zone flagged off its first refrigerator container rake, laden with 43 containers with a load of 1,080
Hapag-Lloyd welcomes 66 new apprentices
HAMBURG : On Thursday, August 1 2024, 66 young men and women are starting their training at Hapag-Lloyd in Hamburg. Some of the apprentices will learn traditional maritime
Hapag-Lloyd tops schedule reliability rankings, MSC suffers largest decline
GENEVA : In June, global schedule reliability dropped by 1.2 percentage points, compared with the previous month, to 54.4%, according to the latest Sea-Intelligence Global Liner Performance (GLP)