RIYADH : Maritime connectivity between Saudi and African Ports is set to improve with the introduction of a new shipping service by German container transportation firm Hapag-Lloyd. The
MUMBAI : Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump in cargo
HAMBURG : With returns sliding back to pre-Covid levels after the supercharged pandemic period shipping lines are looking to control costs again to keep their heads above water.
HAMBURG : Hapag-Lloyd has reported revenues of US$19.4 billion and profit of US$3.2 billion in 2023, translating to massive year-on-year drops from US$36.4 billion and US$18 billion, respectively.
HAMBURG : Hapag-Lloyd has unveiled new ocean tariff rates for shipments from North Europe to destinations including India, Pakistan, the Red Sea, and the Arabian Gulf. The updated
HAMBURG : Hapag-Lloyd is implementing tariff rate adjustments for shipments from the Indian Subcontinent to North Europe. These adjustments will come into effect for sailings commencing on 6
THOOTHKUDI : The Tamil Nadu Government has secured a commitment from German container shipping company Hapag-Lloyd to invest Rs 2,500 crore for the development of container terminals and
HAMBURG : German ocean carrier Hapag-Lloyd reported a significant decrease in earnings in the 2023 financial year, while its container volumes saw a slight uptick. According to preliminary
SINGAPORE : Mainline operators which are still offering Red Sea services are configuring their routes to transit the troubled region. Hapag-Lloyd has launched an ad hoc Jeddah Express
SINGAPORE : With the formation of the Gemini Cooperation between Maersk and Hapag-Lloyd correspondent Nick Savvides examines how alliances may change their approach to customer service. Ocean Network