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.

 

OOCL is joining several other container lines an effort to prop up rates via general rate increases on August 1.
19 Jul 2016
The August 1 rate increases on Asia to Europe and the Mediterranean are beginning to roll.