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HAPAG-LLOYD USA

Seaspan Announces Delivery of New Vessel

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."


Adrion Appointed CEO of CP Ships

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.


Adrion Appointed CEO of CP Ships

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.


Hapag-LLoyd Board Member Leaving

 Michael Behrendt, Chairman of the Executive Board of Hapag-Lloyd AG: Photo credit H-L

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


Hapag-Lloyd Launches New Service

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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.


Hapag-Lloyd Eyes Impact of New Grand Canal

One of the more than 34,000 employees who have been working on the huge project since 2007 (Photo courtesy of the Panama Canal Authority)

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


GL Presents Award to Hapag-Lloyd

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


Hapag-Lloyd Orders 5 Ships for More Panama Canal Trade

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.  


As the Reefer Market Grows, Hapag-Lloyd Invests Record Volumes

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 Becomes 'Blue Chip'

Photo: Hapag-Lloyd

 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 Confirms USAC Merger Talks

File Image: A USAC containership underway (USAC)

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


Europa 2 to Call Cuba for the First Time

Europa 2 (Photo: Hapag-Lloyd Cruises)

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


Fitch: M&A, Not Alliances to Help Revive Container Shipping

File Image: a containership at the berth in the Port of Savannah, GA (credit: GPA)

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


EU Clears CMA CGM, NOL Merger, with Conditions

File image: a CMA CGM containership (Marad)

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 Included in SDAX Index of Deutsche Börse

Photo: Hapag-Lloyd

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


Hapag-Lloyd Sees Better Market, Lower Costs Boosting 2016 EBIT

Photo: Hapag-Lloyd

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 Rationale for Shipping M&A

List by Drewry

 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


Hapag-Lloyd Back in Black

Photo: Hapag-Lloyd

 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.  


G6 Alliance Announces Asia-Europe Shuffle

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.  


MS Europa 2 in Sharjah

Photo: Hapag-Lloyd Cruises

 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.   


MacGregorto Optimize Cargo Handling for 5 Container Ships

The MacGregor cargo handling solution for container vessels will ensure that Hapag Lloyd will get most cargo efficient containerships of its size in world, optimised for the actual operation conditions. Photo MacGregor

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


G6 Alliance Announces Schedule Update Between Asia and Europe

Photo: Hapag-Lloyd AG

 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


Valparaíso Express Class: Tailor-made for the New Canal

This is how the newbuildings will look like (Image: Hapag-Lloyd)

 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


CMA Offers Concessions to get EU Approval for NOL Deal

File image: the CMA CGM Ben Frnklin (Marad)

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


Turkish ARKAS Line Sets Course for Hamburg

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






 
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