Hapag-Lloyd Hamburg Express

Hapag-Lloyd is at present the world’s sixth-largest container line, but a planned merger with CSAV will create the fourth-largest global ocean carrier.

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 has a fleet of more than 150 ships with a capacity of around 730,000 TEUs. In 2013 the carrier posted revenue of EUR 6.56 billion, a 4 percent decrease from the previous year. The company recorded a net loss of EUR 97 million, down 24 percent from the previous year’s net loss of EUR 128 million.

Hapag-Lloyd was the seventh-ranked container carrier in U.S containerized import trade in 2013, with volume of 1,029,853 TEUs, up 1.4 percent year-over-year, giving it market share of 5.7 percent. It was ranked third in U.S. containerized export trade in 2013, with volume of 802,784 TEUs, up 3.1 percent year-over-year, with market share of 6.3 percent. For more carrier rankings, see the JOC’s Top 40 Container Carriers special topic.

Hapag-Lloyd and CSAV in April 2014 signed a binding contract to complete a merger to create the world’s fourth-largest container line. Following the merger, which is expected to be finalized in the fourth quarter of 2014, the enlarged Hapag-Lloyd will have 200 vessels with total transport capacity of around 1 million 20-foot-equivalent units, an annual transport volume of 7.5 million TEUs, and annual turnover of €9 billion.

11 Nov 2015
Hapag-Lloyd posted a significantly improved operating profit, higher revenue and increased container volumes in the third quarter as the German ocean carrier benefited from its merger with Chile’s CSAV.
16 Jul 2015
Reports in the past twenty four hours that Hapag-Lloyd has hired investment banks to advise on an initial public offering and the Singapore government is selling its majority stake in Neptune Orient Lines have refuelled speculation of a merger between the two ocean carriers.
30 Jun 2015
Hapag-Lloyd’s seeking of a rate increase in August on its eastbound trans-Pacific services after pushing for identical increases in the last two months suggest recent attempts fared poorly.
24 Jun 2015
Hapag-Lloyd is raising rates on the East Coast of South America to Central and North America trade lane amid a recent shakeup in vessel-sharing agreement.
23 Jun 2015
Hapag Lloyd is adding the port call of Ashdod, Israel, to its service connecting the country with Turkey and said it will begin calling on Iskenderun, Turkey in late July through an unspecified service.
MSC container ship in Rotterdam
18 May 2015
The North Atlantic, for long the “sleeping dog“ of container trades, is “waking up,” as rising European imports on the back of a strong U.S. dollar lift freight rates and attract new services, according to Drewry Maritime Research.
Hapag-Lloyd's Hamburg Express in dock
13 May 2015
Hapag-Lloyd swung to a first-quarter profit of 128.2 million euros ($143.6 million) from a year-earlier loss of 119.1 million euros as a stronger dollar and lower bunker prices helped to offset weaker freight rates.
20 Apr 2015
Hapag-Lloyd has ordered five 10,500-TEU container ships for the South American trades.
Lumber shipments at Port of Portland, Ore.
17 Apr 2015
The almost complete cessation of liner services at the Port of Portland will add significantly to inland transportation costs incurred by exporters of agricultural and forest products in Oregon and Idaho, the executive director of the Agriculture Transportation Coalition said Thursday.
Portland cranes
17 Apr 2015
The most damaging aspect of the exodus of two major container lines from the Port of Portland, Oregon, last month was the loss of more than 650 trade and transportation jobs in Oregon, the port’s executive director says.
08 Apr 2015
Hapag-Lloyd notified its Pacific Northwest customers on Tuesday that it has ended its service to Portland because of “schedule integrity” problems.
Terminal 6 Port of Portland, Oregon
06 Apr 2015
In a development that could foreshadow the end of container-handling at the Port of Portland, Oregon, Hapag-Lloyd’s service to the Pacific Northwest port has come into question — the carrier has no calls listed in the coming weeks at the port.