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Lloyd Triestino

Lloyd Triestino Changes Focus, Name

P L Maneschi, Chairman of Lloyd Triestino di Navigazione SpA, has announced that with effect from 1 March 2006 the name of the shipping company will be changed to Italia Marittima SpA and will be known by the acronym ITS. Mr Maneschi said the new name Italia Marittima SpA reflects the company's ambitions to strengthen its Italian national identity worldwide whilst recognising almost 170 years' presence of Lloyd Triestino in the international shipping market. At the time the shipping company was established, on 2 August 1836, Trieste and the port were part of the Austrian-Hungarian Empire and the original name of the company was Oesterreicher Lloyd. On 3 January 1919, shortly after World War I, the name changed to Lloyd Triestino. The company continued as before, operating passenger and cargo vessels, being a leader on its traditional routes to the Indian Sub Continent, Africa and the Far East. In the 1970s, when containerisation started a revolution in cargo transportation and passenger liners were replaced by airlines, Lloyd Triestino, with its new vessels, became a pioneer in the containerised shipping business. In 1998, following the Italian Government's decision to privatise many state-owned companies, Lloyd Triestino was acquired by Taiwanese shipping giant, the Evergreen Group. The outcome proved extremely beneficial for the company.


Lloyd Triestino and CMA CGM to Co-operate on the Transpacific

Italian carrier Lloyd Triestino di Navigazione SpA and the French line CMA CGM have agreed on a joint cooperative agreement in the transpacific trade. This agreement, which is still subject to approval by the relevant governmental authorities, will consist of an exchange of slots between the TPX service of CMA CGM and the CPN/CPS loops of the China-West Coast North America service of LT. It will also enable both carriers to upgrade services for customers without adding to the capacity


Tacoma Intermodal Yard Sets Record

The Port of Tacoma's North Intermodal Yard (NIM) handled a record 7,312 intermodal lifts (transfers of containers between ship and rail) from February 8-14. The yard, which serves Evergreen Marine Corp. (Taiwan) and "K" Line (Japan), is opening 2003 like it closed 2002. The previous one-week record was set at 6,825 lifts in October 2002 -- the first week after the West Coast labor lockout. Compared with January 2002, the Port of Tacoma cargo volume was up 35


Lloyd Triestino To Offer Transpacific Fast Shuttles

Italy's Lloyd Triestino (LT) will offer its customers on the transpacific much faster transit times following the re-scheduling of the weekly HTW and TPN services. The changes to these services are expected to take effect in May 2001. The HTW service is operated under a slot-charter agreement with Evergreen. At the present time, it is operated by six 3,428 TEU vessels which round-trip in 42 days. By end May, these ships will have been replaced by one 5,364 TEU and three 4


Lloyd's Register Committed to Strengthen Position in India

Lloyd's Register, an independent quality and risk assurance firm, highlighted the momentum seen by the company in India. Mark Stokes - Group Communications Director for Lloyd's Register and R.S. Sharma - Chairman shared the overall progress the company has made in India, the advancements in power and energy sectors and the "Water Matters" campaign for water management. Lloyd's Register also underscored its strategy to strengthen its position in the growing Indian power and the energy


Hapag-Lloyd CFO Ganz Steps Down

Peter Ganz (Photo: Hapag-Lloyd)

Hapag-Lloyd CFO Peter Ganz steps down from position; CSAV CFO Nicolas Burr appointed his successor   Peter Ganz will step down from his position as company CFO effective April 1, 2015, also leaving the company on the same day, as announced during today’s meeting of Hapag-Lloyd’s Supervisory Board. The Supervisory Board has given its approval.   The change on the Executive Board comes following an agreement between shareholders stipulating that CSAV


Bureau Veritas to Make Improved Offer for GL

Bureau Veritas is preparing an improved offer for presentation later this week to the shareholders of Germanischer Lloyd, as it pushes ahead with its plan to combine the strengths of the two societies to create a new global leader in ship classification, based in Hamburg. The original Bureau Veritas share acquisition offer was presented to Germanischer Lloyd shareholders on November 9, since which time other potential investors have reportedly declared an intention to acquire an interest


Hans Jakob Kruse has Died

Hapag-Lloyd mourns the loss of former Executive Board chairman Hans Jakob Kruse, who led the company from 1973 until 1993. On February 4, Hans Jakob Kruse died in Hamburg at the age of 84. He was the chairman of the Hapag-Lloyd Executive Board for two decades from 1973 until 1993. “Hapag-Lloyd is mourning the loss of a visionary and beloved chairman, whose substantial contribution shaped our company as well as the global shipping industry,” said Michael Behrendt


Hapag-Lloyd, CSAV Merger Finalized

Michael Behrendt, Chairman of the Executive Board of Hapag-Lloyd (left), and Oscar Hasbún, CEO of CSAV, today at Ballin House (Hapag-Lloyd headquarters) in Hamburg after the signing.

Hapag-Lloyd and CSAV binding agreement signed / In return for contributing its container business, CSAV becomes new core shareholder of Hapag-Lloyd / Hapag-Lloyd becomes the world’s fourth-largest liner shipping company Hapag-Lloyd AG and Compañía Sud Americana de Vapores (CSAV) today signed a binding contract on merging CSAV’s entire container business with Hapag-Lloyd, subject to the necessary approvals


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


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


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


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


LR to Oversee Testing of Coldharbour’s BWTS

Pictured (L-R): Nick Brown, Marine and Offshore Director, Lloyd’s Register and Andrew Marshall, Chief Executive, Coldharbour Marine. (Photo: Coldharbour Marine)

U.K.-based manufacturer of ballast water treatment systems based on unique inert gas technology Coldharbour Marine said it has signed a contract with Lloyd’s Register (LR) to oversee the complete range of tests required by the U.S. Coast Guard (USCG) in its type approval process


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


Cyber SAFE Ship Delivered

Trammo Dietlin. Photo by Lloyds Register

 The first ships to be classed with Lloyd’s Register’s cyber notations have been delivered to Global United in Korea.    Built by Hanjin Heavy Industries, in collaboration with Alpha Ori Technology, the ships have been awarded the notation Cyber (AL-SAFE) certifying


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 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, 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.  


St. Vincent and the Grenadines Advises on Improvoing Flag Performance

The maritime administration of St. Vincent and the Grenadines has issued guidelines related to the improvement of the performance of the St. Vincent and the Grenadines flag within the Paris Memorandum of Understanding (MOU) region.} Lloyd’s Register (LR)


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


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


Reederei Hamburger Lloyd Chooses Sealink Plus VSAT

Hamburg-based shipping group Reederei Hamburger Lloyd will move its fleet of nine containerships and six bulk carriers to Marlink’s Sealink Plus VSAT package including unlimited L-band backup.   Hamburger Lloyd is a long term customer of Telemar Germany and was looking for a


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


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






 
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