Hamburg Süd Group is a global shipping and logistics company based in Germany. Formed in 1871, Hamburg Süd ranks among the world's 20 largest container shipping lines and is one of the leading carriers in the North-South trades.
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
24 Apr 2014
Hapag-Lloyd’s largest individual shareholder, Klaus-Michael Kuehne, said the carrier should team up with another line after its forthcoming merger with Chile’s CSAV so it can compete more effectively with the world’s top three carriers.
18 Apr 2014
Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
01 Apr 2014
Hamburg Süd’s revenue declined 3.9 percent in 2013 on subdued demand in its key South American market, falling freight rates and a weaker US dollar.
21 Mar 2014
Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
10 Mar 2014
Overcapacity is a threat to container lines’ refrigerated cargo segment this year, despite projected growth in the global reefer market, according to Peter Frederiksen, a member of the executive board of Hamburg Süd.
28 Feb 2014
Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting...
18 Feb 2014
Major carriers aim to hike rates in a variety of trade lanes in March, although any increases achieved could be temporary.
04 Feb 2014
Based on SeaIntel’s monthly Global Liner Performance reports from 2013, container ships reached their destination ports around the world on time 79.5 percent of the time in 2013...
31 Jan 2014
Container ships arrived at their destination ports across the globe on time 73.7 percent of the time in December 2013...
15 Jan 2014
As part of a slot sharing agreement, seven container lines will cooperate on three existing Far East-to-Indian subcontinent services, effective in February 2014.
31 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in January and February.