Moody’s upgrades Hapag-Lloyd’s credit rating to ‘Ba1’
HAMBURG : The rating agency Moody’s Investors Service (Moody’s) has raised Hapag-Lloyd’s credit rating by one notch from ‘Ba2’ to ‘Ba1.’ This is the highest credit rating assigned
Hapag-Lloyd to increase GRI/GRA from Middle East & the Indian Subcontinent to North America
HAMBURG : Hapag-Lloyd has announced that a General Rate Increase (GRI)/ General Rate Adjustment (GRA) will be levied for shipments from the Indian Subcontinent and Middle East to
Hapag-Lloyd breaking ground in Uganda
KAMPALA : Hapag-Lloyd on Monday opened its new office in the city of Kampala, the capital of Uganda. Strategically situated, Uganda provides excellent connections to five neighboring countries
Hapag-Lloyd concludes long-term offtake agreement for green methanol
HAMBURG : Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with headquarters in Beijing, China, for the delivery of 250,000 tonnes of
The Network of the Future: Maersk updates on the UK port of call
COPENHAGEN : Last month, Maersk reached out with an update on the Gemini Cooperation and the Network of the Future to confirm that they expect to phase in
Hapag-Lloyd CEO expects shipping strength to continue
HAMBURG : Hapag-Lloyd’s CEO said on Thursday he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and seen as a proxy for
Hapag-Lloyd achieves good result in first three quarters of 2024
HAMBURG : Hapag-Lloyd concluded the first nine months of 2024 with a Group EBITDA of USD 3.6 billion (EUR 3.3 billion). The Group EBIT stood at USD 1.9
Hapag-Lloyd orders 24 new container ships
HAMBURG : Hapag-Lloyd has signed two contracts with two Chinese shipyards for a total of 24 new container ships. Of these, 12 newbuildings – each with a capacity
Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg: Milestone for Sustainability
HAMBURG : The eponymous flagship of Hapag-Lloyd’s “Hamburg Express” class – was ceremoniously christened at the Container Terminal Burchardkai in the Port of Hamburg. As the ship’s naming
Hapag-Lloyd joins Maersk with major earnings upgrade as Red Sea Chaos reshapes shipping
HAMBURG : Hapag-Lloyd has followed in the footsteps of its future Gemini Cooperation partner Maersk with an upward revision of its earnings outlook for 2024, driven by stronger-than-expected demand and