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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.


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 Begins Training Programs

Photo: Hapag-Lloyd AG

 Sixty-four young men and women started their careers at Hapag-Lloyd on yesterday (August 01). Chief Executive Office Rolf Habben Jansen warmly welcomed the new apprentices this morning during an event held at Hapag-Lloyd’s headquarters in Hamburg.   In the land division, 21 young men and 17 young women began their training programs to become shipping agents, forwarding and logistics clerks, office management clerks and warehousing specialists.   


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 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


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 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.   


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 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.  


UASC's Dismal Performance

Photo: United Arab Shipping Company

 United Arab Shipping Company (UASC), which is close to merging with Hapag-Lloyd, revealed enormous deficits and a massive debt in its key financial figures, says Alphaliner.   The first-time revealed UASC financial figures uncover more than $4bn of debt incurred during a major fleet


Hapag-Lloyd Ships 42 Trains to Peru

Photo courtesy of Hapag-Lloyd

apag-Lloyd has loaded a metro train with six cars today in Salerno, Italy. The train will be shipped aboard the Cerinthus to the Peruvian port of Callao. From there, it will be transported to the capital Lima using low-loader trucks. The journey from Italy to Peru will take around 29 days


Wave goodbye to $50 bln - Drewry

Figure 1 Estimated industry revenue, 2008-16F (USD billion) Note Preliminary forecast based on smaller 1H16 sample

Container industry revenues are contracting faster than carriers can cut costs. First-half results so far suggest sales are down by around 18%, increasing the pressure to reduce costs. The container shipping industry is currently enduring a severe revenue contraction that is placing carriers


Cost Cuts Ease Pain of Maersk's Gloomy Shipping Forecast

File photo: Maersk Line

Net profit below forecasts, operating figure above; group hit by low freight rates and low oil prices. A.P. Moller-Maersk's progress in cutting costs reassured investors on Friday after the Danish shipping and oil giant reported a sharp decline in quarterly profit and its new chief executive


Hapag-Lloyd in Troubled Waters

Photo: Hapag-Lloyd AG

 German container shipping company Hapag-Lloyd AG has swung to a loss in the first half of the year as tumbling freight rates weighed on revenue.   The bad news comes as the Hamburg-based company tries to boost its fortunes through a merger with United Arab Shipping Company.  


Hapag-Lloyd Posts H1 Loss

File Image: A Hapag-Lloyd Containership. (credit: Hapag-Lloyd)

Freight rates down 20 pct; CEO says to focus on costs cuts, merger deal with UASC. German container shipping group Hapag-Lloyd said it dropped to a first-half operating loss as disappointing freight rates hurt its business. The loss before interest and tax (EBIT) came to 39


Hapag-Lloyd Wins 2016 Ocean Performance Award

Photo:  Hapag-Lloyd

 The GT Nexus Shipper Council, a community group of supply chain executives representing large global enterprises, has recognized Hapag-Lloyd, one of the world's leading container liner shipping companies, as the winner of the 2016 Ocean Performance Award.   


The Box Juggler at Hapag-Lloyd

Jan Böttjer. Photo: Hapag-Lloyd

Whenever a Hapag-Lloyd vessel reaches a port, a certain number of containers are usually loaded or discharged before the ship continues along its voyage to the next port. But how do you stow these containers on the ship in the safest and most efficient way possible?  


UASC, Hapag-Lloyd Merger: No Layoffs?

Photo: United Arab Shipping Co

 Will there be a layoffs after United Arab Shipping Co (UASC) merging with the German container shipper Hapag-Lloyd?   Middle Eastern enterprise UASC expects most of the tie-up’s $400 million cost savings to come from operations rather than layoffs


G6 Updates Asia-North America West Coast Service

Hapag-Lloyd’s Berlin Express (Photo Hapag-Lloyd)

Two services will be merged into one until further notice / Reason is change in market demand / All other services remain unchanged. Members of the G6 Alliance today announced a change within their Asia - North America West Coast products in response to changes in market demand


Foxx Names New Members to Maritime Industry Advisory Panel

U.S. Transportation Secretary Anthony Foxx announced the appointment of 29 new members to the Marine Transportation System National Advisory Committee (MTSNAC).  Established in 2010, MTSNAC is comprised of leaders from commercial transportation firms, ship construction, repair and recycling


Hapag-Lloyd, UASC Signs Merger Agreement

Pic: Hapag-Lloyd, UASC

 Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals.    Besides the Business Combination Agreement (BCA) between the


Hapag-Lloyd, UASC Merger

Photo Hapag-Lloyd

Hapag-Lloyd and UASC have signed a Business Combination Agreement.   The Combined company will rank among the world´s five largest liner shipping companies and will operate one of the most modern fleets in the industry / Company will operate 237 vessels with total transport capacity


UASC to Sell Chemical Tanker Unit

Photo: United Arab Shipping Co

 United Arab Shipping Co (UASC) is considering the sale of its stake in United Arab Chemical Carriers (UACC) for oil and petrochemicals  as part of its plans to merge with German container line Hapag-Lloyd, says Bloomberg.  


Hapag-Lloyd Still Strong in Canada

From left to right: Rolf Habben Jansen, CEO of Hapag-Lloyd; Philippe Couillard, Premierminister von Quebec; Anthony J. Firmin, COO of Hapag-Lloyd. Photo: Hapag-Lloyd

 Hapag-Lloyd remains the market leader among liner shipping companies in Canada. In the past year, the shipping company saw its market share increase to over 18%.    Hapag-Lloyd is the largest liner shipping company in terms of throughput volume at both the Port of Vancouver and






 
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