Hamburg Sud

Hamburg Sud

Hamburg Süd Group is a global shipping and logistics company based in Germany. Formed in 1871, Hamburg Süd is the world’s 11th-largest container shipping line and is one of the leading carriers in the North-South trades. The ocean carrier employs 4491 individuals, and owns a fleet of 103 container ships with a total capacity of 457,000 TEUs.

Hamburg Süd Group posted revenues of 5.3 billion euros in 2013 — down 3.9 percent on a year-on-year basis.

Hamburg Süd was the 16th-ranked container carrier in U.S containerized import trade in 2013, with volume of 313,643 TEUs, down 0.6 percent year-over-year, giving it market share of 1.7 percent. It was No. 14 in U.S. containerized export trade in 2013, with volume of 400,287 TEUs, up 4.3 percent year-over-year and market share of 3.1 percent. For more carrier rankings see the JOC’s Top 40 Container Carriers special topic.

Ocean carrier rate revision roundup for Nov. 21
21 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Ballinn House, Hapag-Lloyd's headquarters.
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.
Ocean Carrier Rate Revision Roundup for April 18
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.
Hamburg Süd container in Brazil
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.
Ocean carrier rate revision roundup for March 21
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...
Peter Frederiksen, a member of the executive board of Hamburg Süd, addresses Cool Cargoes track attendees at the JOC’s TPM conference in Long Beach, Calif., on March 3.
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.
Ocean Carrier Rate Revision Roundup for Feb. 28
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...
Ocean Carrier Rate Revision Roundup
18 Feb 2014
Major carriers aim to hike rates in a variety of trade lanes in March, although any increases achieved could be temporary.
Cargo containers on a ship
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...
Container ship
31 Jan 2014
Container ships arrived at their destination ports across the globe on time 73.7 percent of the time in December 2013...
Port of Hong Kong
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.
Ocean carrier rate revision roundup
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.