Hapag-Lloyd

Hapag-Lloyd Hamburg Express

Hapag-Lloyd is at present the world’s sixth-largest container line.

Founded in 1970 via a merger between the two shipping companies Hamburg-Amerikanische Packetfahrt-Actien-Gesellschaft (Hapag / Hamburg-American Line) and North German Lloyd (NDL), Hapag-Lloyd is based in Hamburg, Germany, and has a presence in 114 countries, with 7,000 employees worldwide.

Hapag-Lloyd in 2014 merged with Chile's CSAV and in 2016 approved a merger with United Arab Shipping Company.

 

This is the first time United Arab Shipping Company's financials have been made public, revealing that the company's poor operating margins were exceeded only by Hanjin Shipping and Hyundai Merchant Marine.
24 Aug 2016
Hapag-Lloyd revealed that the United Arab Shipping Company booked a loss in 2015 and is still losing money ahead of a shareholders’ meeting to clear the way for a merger.
02 Jun 2016
The shareholders of United Arab Shipping Co. signaled support for a proposed merger with Hapag-Lloyd.
01 Jun 2016
French container line offers online page to help customers.
25 May 2016
Hapag-Lloyd has postponed its annual shareholders’ meeting scheduled for June 1.
23 May 2016
Though a recently formed container line alliance appeared to be hastily thrown together, it is planning an extensive and trouble-free integration of its fleet.
19 May 2016
United Arab Shipping Company shareholders are to vote early next month on a cooperation deal with Hapag-Lloyd.
Hapag-Lloyd, earnings, THE Allliance
13 May 2016
Hapag-Lloyd slumped to a net loss in a “very challenging” first quarter.
THE Alliance Mitsui O.S.K Lines, NYK Line, "K" Line, Hanjin Shipping , Hapag-Lloyd and Yang Ming Line
13 May 2016
The line up of the new alliance aimed at competing with the 2M and Ocean Alliance has been announced.
27 Apr 2016
Standard & Poor’s has placed Hapag-Lloyd on negative credit watch.
21 Apr 2016
Hapag-Lloyd and United Arab Shipping Company are in merger talks, in a surprise move that will accelerate consolidation in the troubled container shipping industry.
31 Mar 2016
Container lines in the G6 Alliance have canceled additional sailings on Asia-Europe routes where demand has been slack and rates have plunged to rock-bottom levels.
29 Mar 2016
Hapag-Lloyd must become bigger to compete with the leading container lines in a fast-consolidating market, the German carrier’s largest individual shareholder said.