Seaspan Corporation announced the delivery of its 20th vessel, the Santos Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co. Ltd., was delivered approximately seven weeks ahead of its contractual delivery date. The Santos Express is the seventh of nine Seaspan vessels to be chartered to Hapag-Lloyd USA. "The delivery of the Santos Express is another milestone in the development of our company," said Gerry Wang, Chief Executive Officer of Seaspan. "We are pleased to have 20 vessels operating worldwide and we look forward to the deliveries of the 21 additional vessels we have contracted to acquire over the next three years."
The board of CP Ships Limited has appointed Adolf Adrion new CEO effective 1st January 2006 following the completion of the acquisition of CP Ships by Hapag-Lloyd at the end of 2005 The new CFO will be Ulrich Kranich, effective 1st February 2006. Mr Adrion, also executive board member of Hapag-Lloyd AG, is retaining his previous responsibilities and is taking over from former CP Ships CEO Ray Miles, who stepped down from his post on 31st December 2005.
The board of CP Ships Limited has appointed Adolf Adrion new CEO effective 1st January 2006 following the completion of the acquisition of CP Ships by Hapag-Lloyd at the end of 2005 The new CFO will be Ulrich Kranich, effective 1st February 2006. Adrion, also executive board member of Hapag-Lloyd AG, is retaining his previous responsibilities and is taking over from former CP Ships CEO Ray Miles, who stepped down from his post on 31st December 2005.
Jesper Praestensgaard, responsible for Global Markets & Global Accounts is to leave the company in June 2013. Hapag-Lloyd announce that the executive board member will be leaving the Company at his own request in June in order to take on new challenges. “Hapag-Lloyd would like to thank Jesper Praestensgaard for his dedication during this time and would like to wish him all the best for the future, both privately and professionally,” says Dr Jürgen Weber
Enhanced service network between Japan and South East Asia / Port rotation includes four Japanese ports / First sailing mid of March. Hapag-Lloyd is launching the new Japan-Singapore-Jakarta service (JSJ) which will commence on March 12 from Singapore. The new service will further enhance Hapag-Lloyd’s service network between Japan and South East Asia, and offer fast and reliable transit between Japan, Singapore and Jakarta.
The Panama Canal has linked the Pacific with the Atlantic for more than 100 years. It will soon be possible for significantly larger ships to pass through its locks. What will the expansion mean for Hapag-Lloyd? They’re still working in Panama, on one of the biggest construction sites in the world. Everything seems gigantic here. The lock gates alone, veritable monsters of grey steel: 16 in total, each of them 57 meters long, averaging 30 meters high
As the first liner shipping company worldwide Hapag-Lloyd has today been awarded the GL Excellence – 5 Stars newly introduced by Germanischer Lloyd. The award is for the introduction of high standards of safety and security, environment and quality. The certificate was awarded by Germanischer Lloyd (GL), one of the world’s leading classification societies. GL provides a kind of ships’ validation, surveying the technical safety of ships, issuing building regulations
Ship container line Hapag-Lloyd has placed an order for five vessels as it looks to bolster trade in Latin America ahead of next year's planned expansion of the Panama Canal, the world's fourth biggest player said on Monday. Workers are installing 22-storey lock gates to accommodate larger container ships through the canal, one of the world's busiest maritime routes, which plans to open on April 1 2016.
Largest reefer order in Hapag-Lloyd’s history spurred by growth opportunities in the South American trade lanes Hapag-Lloyd is investing a double-digit million amount in its container fleet and has ordered 6,000 (12,000 TEU) of the latest generation of reefer containers. The Company is already one of the largest reefer carriers in the world today. This strong position will enable Hapag-Lloyd to benefit from increasing transport volumes not just on East-West trades
Hapag-Lloyd would become a member of the SDAX index of the Deutsche Börse, with its first day of trading on March 21, announced Deutsche Börse. The SDAX is a German Blue Chip Equity Index and contains 50 companies listed in the Prime Segment of Deutsche Börse which follow the 30 DAX and the 50 MDAX companies with regard to free float market capitalisation and order book turnover.
Hapag-Lloyd is in talks to merge with rival United Arab Shipping Company (UASC), the German container shipping group said on Thursday, confirming an earlier report. "The parties are basing their discussions on a relative valuation of the two businesses at 72 percent (Hapag-Lloyd) and 28
Sun, sand and Caribbean ‘joi de vivre’ – Hapag-Lloyd Cruises’ Europa 2 will visit the island of Cuba in the Greater Antilles for the first time on two cruises in October and November 2016. Maiden ports of call are special moments on cruises with Hapag-Lloyd
The following statement was released by the rating agency: Mergers and acquisitions, rather than the historically more popular alliances, are inevitable to address chronic overcapacity and drive further cost savings in container shipping, Fitch Ratings says
The European Commission said on Friday it had cleared French shipping group CMA CGM's $2.4 billion takeover of Neptune Orient Lines on condition that NOL pulls out from a rival shipping alliance. The announcement confirms a Reuters report on April 21 about the impending approval.
Hapag-Lloyd will become a member of the SDAX index of Deutsche Börse. This was announced by Deutsche Börse after a regular review of its indices. The SDAX is a German Blue Chip Equity Index and contains 50 companies listed in the Prime Segment of Deutsche Börse which follow the 30
German container shipping group Hapag Lloyd said it expected a clear increase in operating profit this year thanks to a market recovery, cost cuts and synergies from its merger with Chilean shipper CSAV. Its earnings before interest and tax (EBIT) had swung to a 366 million euro profit in 2015
The most often quoted reason for consolidation is the reduction in unit costs which can be obtained by an operator with a larger volume of business. The ways in which these reductions can be achieved in practice are discussed in a new white paper, Consolidation in the liner industry
German container shipping group Hapag-Lloyd has reported a net profit of €114 million ($127.5 million) on revenue of €8.8 billion for 2015 – a turnaround from a loss of €604 million on revenue of €6.8 billion the previous year.
Members of the G6 Alliance, including APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Orient Overseas Container Line, have announced additional void sailings within its Asia-Europe product to adjust to market demand.
International cruise liner MS Europa 2 reached the Khorfakkan Port with more than 500 tourists on board. The luxury liner is the latest making a cruise call at the emirate's east coast ports, which continue to bring in cruise tourists from around the globe.
MacGregor, part of Cargotec, has received an order to provide loose lashings for five 10,500 TEU Hapag-Lloyd container ships under construction in South Korea by Hyundai Samho Heavy Industries. This order builds on a previous contract, which MacGregor announced in September 2015
Members of the G6 Alliance today announced additional void sailings within their Asia-Europe product to adjust to market demand. As the G6 Alliance continues to review its product profile, the Loop 6 service’s further void sailings will start from Week 19 for an additional
The new, expanded Panama Canal is set to open soon. Hapag-Lloyd is preparing for the event by optimizing its fleet. Here, we show you what these new ships will look like. The new Panama Canal will usher in a new era in shipping between South America and Europe
French container shipping group CMA CGM has offered concessions in a bid to win European Union antitrust approval for its $2.4 billion takeover of Singaporean rival Neptune Orient Lines. CMA CGM, which ranks behind No. 1 Maersk Line and Swiss peer MSC in global shipping
For the first time a vessel from Turkish ARKAS Line is expected in the Port of Hamburg on April 20. The WANDA A is deployed in the West Africa Express Service (WAX) operated by ARKAS and Hapag-Lloyd and will be cleared at HHLA Container Terminal Altenwerder