Hapag-Lloyd Celebrates East Asia to Australia Milestone
In 1886, the up-and-coming German economy needed regular liner services connecting it with the new growth markets, in addition to efficient postal services around the world. To this end, the German Reich provided subsidies for the first Reichspost steamship liner services to East Asia and Australia totalling five million German mark annually with the aim of quite literally flying the flag in regions important for future growth. The contractually required standards that the shipping companies had to satisfy were thus correspondingly high: first-rate vessels…
New Mega Containership for Hapag-Lloyd
Hapag-Lloyd AG has expanded its fleet with another containership. The Tsingtao Express was named in Qingdao, China. It can carry 8,750 standard containers. The Tsingtao Express, named in the Port of Qingdao, is the second newbuilding that Hapag-Lloyd has integrated into its fleet in 2007. Five more vessels will follow until 2008. The Hamburg-based shipping line now has a globally deployed fleet comprising about 140 ships capable of transporting a total of over 467,000 boxes. The Tsingtao Express bears the old name of Qingdao, by which the city is also still known in Europe today. The Tsingtao Express will be deployed in the context of the Grand Alliance.