Hapag-Lloyd
-
American Shipper
HMM Nuri slated to transit Suez Canal on maiden voyage
The South Korean container carrier expects the Suez Canal backlog to be cleared by the time the HMM Nuri arrives in mid-April.
Read More » -
Maritime
Suez salvage operators consider removing cargo to lighten distressed vessel
Digging and pulling haven’t freed the giant Ever Given vessel that has stopped traffic in the Suez Canal. The next step might be to lighten…
Read More » -
American Shipper
‘Seismic change’: Maersk commits to long-term relationships with shippers
The world’s largest shipping line says it has changed its ways and is no longer playing the spot market, instead going steady with long-term partners.
Read More » -
American Shipper
Hapag-Lloyd profit skyrockets with ‘stellar performance’
“2020 has been exceptional, with stellar performance in the industry,” says Hapag-Lloyd CFO Mark Frese.
Read More » -
American Shipper
San Pedro Bay congestion recedes to Christmas Eve level
“Today we are in the seventh month of a historic import surge driven by unprecedented demand by American consumers,” says Gene Seroka.
Read More » -
American Shipper
CMA CGM steering LNG-powered ships to US
“American customers will be able to choose to transport their goods using LNG, a new technology that helps to preserve air quality by eliminating almost…
Read More » -
American Shipper
Ocean carriers take heat for profiting ‘so handsomely’ while service plunged
AgTC’s Peter Friedmann said Hapag-Lloyd’s Rolf Habben Jansen failed to mention in a press conference that the container shipping lines are enjoying record profits “while…
Read More » -
American Shipper
Hapag-Lloyd CEO: COVID, congestion, container shortage form ‘perfect storm’
“We have really a perfect storm of demand that’s surging like there’s no tomorrow, everybody needing to get the boxes back, COVID-related restrictions,” says Hapag-Lloyd…
Read More » -
American Shipper
HMM makes billion-dollar turnaround from loss to record profit
Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.
Read More » -
American Shipper
Hapag-Lloyd’s earnings ‘significantly higher’ despite uncertainty of 2020
Hapag-Lloyd credits higher freight rates and lower bunker prices as “the main drivers of these positive business developments.”
Read More »