Container carriers in the slowing US import and export trades are exercising increased discipline, maintaining capacity levels rather than introducing new vessels in an attempt to secure a larger share of the market.
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Hapag-Lloyd
Hapag-Lloyd
With a fleet of more than 220 modern container ships and a total transport capacity of roughly 1.6 million TEUs, Hapag-Lloyd is one of the world's leading container lines with about 12,000 employees and nearly 400 offices in more than 125 countries worldwide. Hapag-Lloyd’s containerized capacity of about 2.6 million TEUs, and includes one of the largest and most modern fleets of refrigerated storage ships.
Hapag-Lloyd’s 2017 merger with United Arab Shipping, then the world’s 18th largest container shipping company, added 53 vessels to Hapag-Lloyd’s fleet, and an additional capacity of about 400,000 TEUs, most notably for its service between the Middle East (Dubai) and the Indian subcontinent. Its wide range of containerized services cover a broad range of trade lanes for shippers involved in Atlantic Trade, Trans-Pacific Trade, and Europe-Asia trades.
Webcasts
Sep 24, 2019 2:00PM EDT
Sep 26, 2019 2:00PM EDT
Oct 3, 2019 2:00PM EDT
Press Releases
04 Jul 2019
Germany-based carrier Hapag-Lloyd is on a campaign to modernize its reefer fleet and has rolled out plans to bring all the containers online and trackable in real time.
04 Jul 2019
Carriers and shippers alike must adapt to the new realities of a container shipping market in which only a handful of large players control the vast majority of capacity.
02 Jul 2019
Maersk’s rival carriers understand their data will be kept private, and broader carrier acceptance will drive more value for shippers, Maersk’s TradeLens emphasized to JOC.com.
02 Jul 2019
With the addition of Hapag-Lloyd and Ocean Network Express (ONE), TradeLens members now control more than 61 percent of global containership capacity, according to maritime analyst Alphaliner.
04 Jun 2019
Hapag-Lloyd will place tracking devices on 100,000 reefer containers to increase visibility.
03 Jun 2019
With uncertainty surrounding US-Mexico relations, including threats of border shutdowns, tariffs and a Congressional showdown the US-Mexico-Canada agreement (USMCA-NAFTA 2), shippers are expressing more interest in all-water options to bypass any congestion on the border.
16 May 2019
In the latest step in the ocean carrier’s transformation into a “global integrator” of container logistics, Maersk Line has folded in the inland services formerly operated by APM Terminals.
14 May 2019
Adding five new members may give the Digital Container Shipping Association the quorum needed to press forward with the development of standard data protocols.
09 May 2019
The economic and trade forecasts for 2019 are mixed, but in volume terms the year is off to a good start, as evidenced by a strong first quarter for Hapag-Lloyd.
16 Apr 2019
Four of the world’s largest shipping lines received clearance this week to begin developing data standards through a new association designed to help carriers to tap more quickly into outside digital innovation.
07 Mar 2019
Contrary to what some BCOs believe, carrier pricing to account for higher low-sulfur fuel costs can be simple, transparent, and fair, Rolf Habben Jansen tells TPM19.
05 Mar 2019
Container carrier executives tell TPM 2019 poor forecasting is an industry-wide problem, but solving it could greatly reduce overbooking and "no-show" cargo, benefiting shippers and carriers alike.
28 Feb 2019
With shippers already pushing back on low-sulfur fuel fees, tough annual contract talks lie ahead as carrier reliability on the trans-Pacific drops to new lows in January.
25 Feb 2019
The first full year for a merged Hapag-Lloyd-UASC entity saw a better operating result, but strong volume gains in 2018 were held back by lower freight rates and higher fuel costs.
19 Feb 2019
The recently completed dredging project will allow India's busiest container port to handle vessels with a capacity of 12,500 TEU without tidal restrictions, and officials expect efficiency gains as well.
19 Feb 2019
Rapid consolidation of container carriers hasn't spurred large-scale rate increases, but it has resulted in increasingly divergent strategies, with some firms focusing solely on ocean transport while others opt for a more "end-to-end" approach.
08 Feb 2019
Maersk and others are cracking down on dangerous goods misdeclarations, but more awareness is needed to address the underlying issues behind improper cargo classification.
25 Jan 2019
Truck shortages, warehouse closures, and too many empty containers have exacerbated terminal and landside congestion.
19 Dec 2018
After a year of dismal schedule reliability, carriers have revised their networks in an attempt to improve service levels, but standing in the way are significant challenges.
30 Nov 2018
The cuts come even amid reports of Brazilian coffee and cotton exporters scrambling for outbound capacity out of the ports of Santos and Vitoria.
29 Nov 2018
Alphaliner offered telling data on ocean carrier third-quarter operating margins compared with a year ago, and despite higher shipping demand and revenue, the margins are a source of concern.
28 Nov 2018
How prudent is the move by selected container lines to redefine and reposition themselves as end-to-end logistics providers? Does it represent a necessary competitive adjustment, in order to be compensated in kind and defend against disruption by new industry actors? Or does it risk losing sight of the underlying container shipping business?
21 Nov 2018
The ocean carrier expects its Strategy 2023 plan will result in substantial cost savings through a focus on improving quality for customers, selective global growth, and a targeting of customers prepared to pay more for better service.
15 Nov 2018
Rather than developing a platform, the ocean carriers involved are taking another approach to try to achieve the goal of common information technology standards.
12 Nov 2018
Rising volume and revenue by shipping lines — often double-digit increases year over year — has not been accompanied by rates rising to levels that are able to offset the effects of steadily escalating bunker fuel costs.
08 Nov 2018
Hapag-Lloyd became the latest example of how rising volume and revenue is being thoroughly eroded by increasing bunker fuel prices.
06 Nov 2018
A report on the status of instant quotes in container shipping.
22 Aug 2018
Sailing withdrawal announcements on trades between Asia, North Europe, and the Mediterranean are beginning to flow in for the slow season, as ocean carriers implement actions to rebound from first-half losses. Left unresolved, however, is whether carriers will cut capacity like they did on the trans-Pacific during the US ocean peak season.
10 Aug 2018
“For the remainder of the year, we see a slow but steadily improving market environment, but we recognize that there are still significant geopolitical uncertainties that could influence the market,” said Rolf Habben Jansen, CEO of the world’s fifth-largest ocean carrier.
06 Aug 2018
The water level of the Upper Rhine is getting close to a critical point and barge operators are being forced to suspend their operations or only use one-third of their capacity, according to Hapag-Lloyd.
30 Jul 2018
At mid-2018, nearly every segment of Europe’s supply chain is straining to keep pace with strong container shipping volume growth — particularly barge and inland haulage. The good news is Europe’s impressive trade growth story continues — a welcomed economic rejuvenation.
01 Jul 2018
Like the US airline industry earlier, the global container shipping industry has reached a point where cost cutting and mergers will yield little if any additional value. This is the view of a longtime carrier executive, a Maritime Hall of Fame inductee who argues creating value for customers will characterize the current era, with customer service the first visible change area.
01 Jun 2018
Ocean carriers’ fixed costs rose in the first quarter, and surcharges ensued. However, the hikes occur even as the surplus capacity issue lingers, prompting debate regarding whether carriers can maintain the surcharges.
30 May 2018
Concerning the peak season fee, at the same time that Hapag-Lloyd added a $1 fuel surcharge, the ocean carrier surprised the market with a peak season surcharge of $55 per TEU that it said will be levied from June 1 on all trades out of China.
15 May 2018
Higher costs have weighed on results, slightly offsetting the positive impact of stronger volumes. Still, a key CEO offered an encouraging evaluation regarding the second half of 2018.
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