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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."


Hapag-Lloyd Celebrates 125 Years in Montreal

Photo: Hapag-Lloyd

 125 years ago, the steamship “Cremon” set sail from Europe to Canada for the first time under the Hapag flag. Hapag-Lloyd will be celebrating this anniversary in Montreal today with the shipping company’s customers and other partners.   “As an important connection between Atlantic and Pacific, as well as between the United States, Asia and Europe, Canada has been and continues to be an important and special partner for us,” said Rolf Habben Jansen


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.   


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.  


Kuehne Raises Hapag-Lloyd Stake to 17 pct

File Image (CREDIT: Hapag Lloyd)

Logistics entrepreneur Klaus-Michael Kuehne has raised his shareholding in German container shipping line Hapag-Lloyd to 17.15 percent from 14.1 percent, his Swiss-based Kuehne Holding said on Thursday.   Kuehne was taking advantage of shares being sold by TUI


TUI Sheds Its Stake in Hapag-Lloyd to Focus on Tourism

Photo: Hapag-Lloyd

Europe's largest tourism group TUI Group said on Monday it had sold its stake in container shipper Hapag-Lloyd, bringing to a close plans for the sale of non-core businesses in order to focus on its tourism operations.   TUI Group has been investing in more of its own hotels and cruise


APM Terminals Wins South America Calls on New Asian Service

Photo: APM Terminals

 Direct services between Asia and the East Coast of South America will begin port calls at APM Terminals Buenos Aires, Argentina, and APM Terminals Itajaí, Brazil.   The joint service deployed by Hapag-Lloyd, NYK, ZIM, Hyundai and Hamburg Sud prefers their vessels call APM


Hapag-Lloyd Issues Euro Bond Worth EUR 300mln

Photo: Hapag-Lloyd

 Hapag-Lloyd AG, a leading global container shipping company, launched a euro bond offering with a volume of EUR 300 million and a maturity of seven years.    The proceeds will be used for the early redemption of the company’s euro bond due in 2018 and the early partial


S&P Confirms Hapag-Lloyd Rating After Merger with UASC

Image: Hapag-Lloyd

 Rating agency Standard & Poor’s confirmed Hapag-Lloyd’s B+ rating and took the company off its CreditWatch with future negative implications. Hapag-Lloyd was upgraded to Outlook Negative.    The merger with UASC has added debt to Hapag-Lloyd’s capital


Keel Laid for Hapag-Lloyd Cruise Ship

(Photo: Hapag-Lloyd Cruises)

 June 20, 2017 began the next construction stage for Hapag-Lloyd Cruises’ first newbuild expedition cruise vessel, HANSEATIC nature. During a keel laying ceremony at the VARD shipyard in Tulcea, Romania, Hapag-Lloyd Cruises CEO, Karl J


Hapag-Lloyd's Newest Ship Named Guayaquil Express

Photo: Hapag-Lloyd

Hapag-Lloyd held a naming ceremony in Hamburg for the Guayaquil Express, the fourth of five newbuildings in its 10,500 TEU class.    The patron is Christine Kühne, wife of Klaus-Michael Kühne, majority shareholder and Honorary Chairman of Kühne + Nagel International AG


Hapag-Lloyd, UASC Merger Unaffected by Qatar Spat

File Image: Credit Hapag-Lloyd

Qatar's row with its powerful Gulf neighbours should not scupper the just-agreed merger of German shipping company Hapag-Lloyd with sector peer United Arab Shipping Company (UASC) that is owned by six Arab states of the Gulf region, a source close to Hapag-Lloyd said.  


Hapag-Lloyd Expects Post-Merger Job Cuts

Photo: Hapag-Lloyd

German shipping company Hapag-Lloyd confirmed on Wednesday that it is looking to cut up to 12 percent of its almost 11,000 land-based workforce after completing its merger with Arab peer UASC last week.   A spokesman at Hapag-Lloyd's Hamburg headquarters said the job cuts would be made over


Hapag-Lloyd Stakeholders Okay Capital Increase

Hapag-Lloyd

 Hapag-Lloyd shareholders approved all items on the agenda at today’s Annual General Meeting. In particular, the shareholders approved the creation of new authorised share capital.    This is to be used for a planned capital increase of USD 400 million


Hapag-Lloyd, UASC Complete Merger

Photo: UASC

 Hapag-Lloyd and United Arab Shipping Company (UASC) merged yesterday (May 25, 2017). The merger between the two liner shipping companies was completed in Hamburg.    With 230 vessels and a shared fleet capacity of approximately 1


Hapag Lloyd Completes Merger with UASC

File photo: Hapag-Lloyd

German shipping line Hapag Lloyd and Arab sector peer UASC have completed a delayed merger which creates the world's fifth-biggest shipping company. The German company said on Wednesday that the deal to combine the two businesses, announced in April 2016 and sealed in July last year


Gulf Bidders Emerge for UASC-linked Shipping Unit

File photo: UACC

Gulf-based bidders have emerged for the part-owned subsidiary of United Arab Shipping Company (UASC) whose sale is key to finalising the merger between UASC and German container shipping line Hapag Lloyd , sources close to the matter said.  


Hapag-UASC Tie-up Nears Completion

Photo: Hapag-Lloyd

German shipping line Hapag Lloyd is close to completing a merger with United Arab Shipping Company (UASC) after UASC's shareholders agreed terms to repay outstanding debts, sources familiar with the talks told Reuters. The deal to create the world's fifth-biggest shipping company


Container Shipping Demand Remains Good: Hapag-Lloyd

Photo: Hapag-Lloyd

 In the medium term, demand for container shipping services should continue to rise in tandem with expected ongoing growth in global trading volume, says Hapag-Lloyd.   As a result, the container shipping industry’s medium-term growth prospects remain intact






 
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