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.

12 Dec 2014
Carriers announced GRIs this week for several major trade lanes, all effective on Jan. 15. Spot rates on Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, has dropped 23.5 percent in the five weeks since Nov. 6.
London Gateway at sundown.
05 May 2014
London Gateway has landed its first east-west liner service after the G6 Alliance announced it would call at the United Kingdom’s newest container port.
Ocean Carrier Rate Revision Roundup for May 2
02 May 2014
Several carriers have planned general rate increases in multiple trade lanes in May and June, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Ocean Carrier Rate Revision Roundup for April 25
25 Apr 2014
Multiple carriers have scheduled general rate increases in various trade lanes in May, June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continues.
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...