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.

 

The financial benefits of a merger between Hapag-Lloyd and United Arab Shipping Company could begin to materialize for both liners as soon as next year.
26 Aug 2016
Hapag-Lloyd shareholders Friday paved the way to a merger with United Arab Shipping Company and creation of the world’s fifth-largest container shipping line.
08 Jan 2016
Container ship lines say they’ve been forced to skip port calls at New Orleans because of high Mississippi River levels that have reduced clearance under bridges.
08 Jan 2016
Port Canaveral has selected Capt. John W. Murray, President and CEO of Hapag-Lloyd USA, to lead the port.
27 Dec 2015
Overweight containers have blighted the maritime sector for decades, leading carriers and terminal operators to take steps to reduce the number of overweight containers they handle, to say nothing of the looming verified gross mass mandate that takes effect in the summer of 2016.
01 Dec 2015
Hapag-Lloyd is buying back $125 million of a costly U.S. dollar bond two years before it is due to mature in a bid to improve its capital structure and reduce interest payments.
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.
06 Nov 2015
Hapag-Lloyd made a lackluster stock market debut today with the German ocean carrier’s shares hovering around the 20 euros ($22) issue price in early trading on the Frankfurt exchange.
03 Nov 2015
Hapag-Lloyd today said it has raised around $300 million from its initial public offering which it will spend on new ships and containers.
30 Oct 2015
Hapag-Lloyd on Friday cut the price range for shares in its initial public offering, citing “ongoing market volatility.”
Hapag-Lloyd's Antwerpen Express
27 Oct 2015
Hapag-Lloyd has extended the share offer period for its initial public offering by a week to Nov. 3.
26 Oct 2015
Hapag-Lloyd today said its earnings outlook ahead of its initial public offering later this week remains unchanged following the Maersk Group’s profit warning.
19 Oct 2015
Hapag-Lloyd has got bids for all the shares it plans to sell in its scaled down initial public offering next week.