Hapag Lloyd News

Hapag-Lloyd and Seaspan Corporation have completed the first conversion under their joint methanol retrofit program.With delivery of the Seaspan Yangtze, the first of five 10,100 TEU charter vessels has been upgraded from a conventional MAN S90 engine to a dual-fuel engine capable of operating on methanol.The conversion marks an important milestone in the strategic collaboration between Hapag-Lloyd, Seaspan Corporation and Everllence. The program also covers Seaspan Amazon, Seaspan Ganges, Seaspan Thames and Seaspan Zambezi.

Shipping giants CMA CGM and Hapag-Lloyd said on Sunday they had suspended all bookings to and from Cuba until further notice, with both citing a U.S. executive order issued on May 1, in the latest blow to the crisis-wracked island's economy.The temporary suspension of new orders by two of the world’s largest shipping companies could jeopardize as much as 60% of Cuba's shipping traffic by volume, two sources with direct knowledge of the situation said - a fresh hit to a country already nearing collapse amid a U.S. oil blockade that has throttled the island's fuel supply.“Following the U.S.

German shipping group Hapag-Lloyd on Wednesday reported a first-quarter loss, citing the impact of lower freight rates and operational disruptions stemming from severe weather conditions and the blockage of the Strait of Hormuz on the back of the Iran war.The group posted a net loss of 219 million euros ($257.00 million) compared to a profit of 446 million euros in the first three months of 2025.Hundreds of commercial vessels and up to 20,000 seafarers have been unable to transit the Strait of Hormuz, a vital energy-trade waterway that has been virtually closed since the U.S.

The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. merchant ships had transited the Strait of Hormuz, after Iran said it had prevented a U.S. warship entering the Gulf.U.S. Central Command said its forces were supporting President Donald Trump's "Project Freedom", which aims to "guide out" commercial ships stranded in the Gulf by the U.S.-Israeli war on Iran, and were enforcing a blockade of Iranian ports.The intervention appeared to raise the risk of a direct confrontation between the U.S.

Iranian Foreign Minister Abbas Araqchi said the Strait of Hormuz was open following the agreement of a ceasefire in Lebanon, while U.S. President Donald Trump said he believed a deal to end the Iran war would come "soon", although the timing remains unclear.Araqchi said in a post on X the Strait was open for all commercial vessels for the remainder of the U.S.-brokered 10-day truce between Israeli forces and Iran-backed Hezbollah agreed on Thursday between Israel and Lebanon.A…

ZIM Integrated Shipping Services Ltd. announced that Mr. Eli Glickman, the President and Chief Executive Officer of the Company, informed the Board of Directors of his decision to depart from the Company. Mr.Glickman will continue to serve as Chief Executive Officer of the Company during a six-month notice period, to ensure orderly operations of the Company during the interim period until his replacement assumes the role.The Board of Directors intends to initiate a search process to select a successor to Mr. Glickman in the coming weeks.Mr.

Shippers on Wednesday said they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran said the waterway remained closed to vessels sailing without a permit.The six‑week conflict had brought traffic through the strait - a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments - close to a standstill, pushing global energy prices sharply higher.Iran said it would offer safe passage in coordination with its armed forces…

Shippers said on Wednesday they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran issued fresh warnings about any vessels attempting to sail through the waterway.The six‑week conflict had brought traffic through the strait - a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments - close to a standstill, pushing global energy prices sharply higher.Iran said it would offer safe passage in coordination with its armed forces…

Hapag-Lloyd voiced cautious optimism on Wednesday on the prospect of resuming shipping through the Strait of Hormuz after a two-week ceasefire agreed between the U.S. and Iran, but said that resuming normal traffic throughout its network would take at least 6-8 weeks.Speaking in a call to customers, CEO Rolf Habben Jansen echoed guarded remarks by peer container shipping group Maersk, saying that more security assurances were needed. “Even if a ceasefire has now been agreed overnight…

The Iran war has threatened Gulf ports and disrupted global trade through the Strait of Hormuz, a vital waterway through which roughly a fifth of the world's oil and liquefied natural gas normally passes.Iran's Revolutionary Guards have warned that ships passing through the narrow Strait will be targeted, after the U.S. and Israel launched strikes on the country on February 28.Below is a list of reported attacks:MARCH 1A crew member was killed on board Marshall Islands-flagged crude tanker MKD VYOM after it was hit by a projectile as the vessel sailed off the Omani coast…

Hapag-Lloyd has published its annual report for the 2025 fiscal year, announcing that the group EBITDA stood at $3.6 billion (EUR 3.2 billion) and profits at $1.0 billion (EUR 0.9 billion).The result was at the upper end of the earnings forecast, but below the previous year, particularly owing to lower freight rates and higher operational costs.“2025 was a good year for Hapag-Lloyd with solid results. We have grown our volumes and outperformed the market. Our Gemini network delivered 90% schedule reliability and customer satisfaction reached another record high.

Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub.Carriers have been avoiding the Suez Canal and the Bab el-Mandeb Strait since late 2023, when Houthi attacks on Red Sea shipping began. U.S. and Israeli strikes on Iran and the closure of the Strait of Hormuz have reinforced the shift,…

Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub.Carriers have been avoiding the Suez Canal and the Bab el-Mandeb Strait since late 2023, when Houthi attacks on Red Sea shipping began. U.S. and Israeli strikes on Iran and the closure of the Strait of Hormuz have reinforced the shift,…

Accelleron and HD HMS (HD Hyundai Marine Solution) have conducted Engine Part Load Optimization (EPLO) projects on two vessels owned by leading container line Hapag-Lloyd. The 14,000TEU Basle Express and Essen Express had main engine tunings and turbocharger components modified for lower engine loads, with sea trials and subsequent operations showing fuel savings of more than 10g/kWh, equivalent to 5% of overall consumption in specific load ranges.Accelleron and HMS’s EPLO product ensures that vessels operating at engine speeds lower than their original design…

Container shipping group Maersk said on Wednesday it is redistributing fuel to ensure supplies for its vessels as the Iran war disrupts the flow and storage of maritime fuel in the Middle East.The Danish carrier, one of the world's biggest container shipping groups, has 10 ships stranded in the Gulf. U.S. and Israeli attacks on Iran have fueled hostilities that threaten one-fifth of the world's oil, which sails out of the region via the Strait of Hormuz - the globe's most important…

The container shipping sector continued its gradual normalization in 2025, and ZIM Integrated Shipping Services’ latest financial results offer a clear snapshot of the industry’s transition away from the extraordinary profits generated during the pandemic-era freight surge.For the full year 2025, the Israeli liner carrier reported revenue of $6.9 billion, down from $8.4 billion in 2024 as freight rates softened across major trade lanes. Net income reached $481 million, a sharp decline from $2.15 billion the previous year…

Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, after U.S. and Israeli strikes on Iran and the closure of the Strait of Hormuz."Due to the deteriorating security situation in the Middle East region following the escalating military conflict, we have decided...to pause future Trans-Suez sailings through the Bab el-Mandeb Strait for the time being," Danish container shipping group Maersk said in a statement on Sunday.The company last month announced a gradual return of some services to the Suez route…

In a move that further reshapes the global liner landscape, Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services Ltd. in an all-cash transaction valued at approximately $4.2 billion, the companies announced today.Under the terms of the merger agreement, Hapag-Lloyd will acquire ZIM for $35.00 per share in cash, representing a 58% premium to ZIM’s prior-day closing stock price, a 90% premium to its 90-day VWAP, and a 126% premium to its unaffected share price of $15.50 in August 2025 prior to market speculation.The transaction…

Supply chain technology solutions company WiseTech Global has partnered with Hapag-Lloyd to trial the integration of Internet of Things (IoT) technology for real-time global container visibility, tracking and data collection.Hapag-Lloyd’s fleet of 2 million containers are equipped with IoT devices that frequently transmit location updates directly to WiseTech’s ecosystem of platforms for the logistics, global trade and supply chain industry. This pilot specifically tests the ability to ingest and process millions of data points daily…

Shipping groups Hapag-Lloyd and Maersk will resume some transit routes through the Red Sea and the Suez Canal this month under their shared services network, Maersk said on Tuesday.Shipping companies are weighing a return to the critical Asia-Europe trade corridor after vessels were rerouted around Africa in late 2023 following attacks in the Red Sea, which Yemen's Houthis said were to show solidarity with Palestinians in Gaza.Maersk and Hapag-Lloyd's joint ME11 service, a route connecting India and the Middle East with the Mediterranean, will resume routing through the Red Sea and the Suez Ca

French shipping and transport company CMA CGM said on Thursday it was taking measures to put some of its vessels in areas of safety due to harsh weather in parts of the Atlantic."Severe weather conditions are currently impacting the navigation conditions in the Atlantic, along the French, Spanish and Moroccan coastlines, with an event of exceptional intensity and duration, particularly in the Bay of Biscay," it said."As a precautionary measure, CMA CGM Group has decided to place vessels transiting the area in safe positions to ensure the safety of crews and cargo.

Major shipping companies are devising strategies for a return to the Suez Canal after more than two years of disruptions due to security risks in the Red Sea.They have been rerouting vessels via longer, costlier routes around Africa since November 2023, following attacks on commercial ships by Yemen's Houthi forces, reportedly in solidarity with Palestinians during warfare in Gaza.A ceasefire agreement reached in October 2025 led some companies to explore resumption plans, though U.S. President Donald Trump's warnings of possible U.S.

Maersk said on Thursday that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step towards ending two years of global trade disruption due to attacks on ships by Yemeni Houthi rebels.The Danish shipping group's share price fell more than 5% on the news, reflecting the likelihood of lower freight rates as vessels gradually return to the shorter Suez route.Shipping companies are weighing a return to the critical Asia-Europe trade corridor…