Hapag-Lloyd

Hapag-Lloyd (FSE: HLAG) reported first-quarter results that were better than expected thanks to strength in its trans-Atlantic franchise, better exchange rates, and the one-time effect of an accounting rule change. Owner of the fifth-largest container ship fleet globally, Hapag-Lloyd reported net profit to shareholders of $104.4 million, based on the average exchange rate for the […]

White House makes sudden u-turn on tariff truce, upsetting calm in financial markets. President Donald Trump ended the spring truce in the U.S.-China trade war this weekend, with  threat to go forward with higher tariffs on $200 billion of Chinese imports. He also upped the ante with a promise to add tariffs on another $325 […]

LA caught between straits of labor and capital; group looks for ocean freight’s Esperanto; and digital-first forwarder gets $20m funding.

World’s largest ocean freight forwarder adds money-back guarantee and carbon offset to what is now considered ‘table stakes’ in ocean freight.

Could this be the year ocean carriers get shippers to pay up? It may be if they want a ‘get-on-the-boat rate’ and not just a ‘paper rate.’

Chairman makes mea culpa on previous energy bets as he pledges the focus will be making container shipping simple and easy.

Liner operator looks to better service offering for growth and sees slightly better supply-demand balance for 2019.

NYSHEX looks to bring in other trade lanes to its platform while Freightos sees ocean shipping outmatching other modes in digital drive.

Competiton regulations prevent container shipping lines discussing individual cargo owners between themselves, but this regulation may prevent the lines from warning each other about the potential dangers of a cargo. Its time for a change in the rules some say.

Liner alliances in a quandary about what to do with largest capacity ships as cancelled port calls increase to deal with capacity glut.

Ocean carrier reports unaudited full-year results including its acquisition of UASC, but volume gains have yet to add to profit.

Ocean carrier sees debt upgrade thanks to hitting cost synergy targets and fleet’s better fuel efficiency will help save operating expenses.

Record-breaking year also showed strains in supply chains as busiest U.S. East Coast port.

Ocean carriers ease back capacity as import volumes slowdown, but industry still expected to be set fair for 2019.

Tesla cuts prices of Model S and Model X; oil prices are down to a one-year low; Hong Kong bats for free trade; Hapag-Lloyd is launching a premium product based on extensive market research.

World’s largest container lines plan to look at emerging technologies as new options come to the market.

Supply chain software company E2open is in the process of acquiring the world’s largest neutral maritime network INTTRA, in its bid to expand its services to the ocean container industry.

Latest round of fuel surcharges aimed at guiding expectations on IMO 2020 costs.

World’s largest shipping company outlines new surcharge stemming from switch to low-sulphur fuel.

Ocean carriers and terminals have seen a boom in the fees they charge for container usage. But U.S. regulators are looking at the practice.