As consumer demand in the US plummets due to the coronavirus disease 2019 (COVID-19), trans-Pacific carriers are suspending entire strings in addition to blanking additional sailings from Asia in the second quarter.
Saturday June 6, 2020
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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
Jun 18, 2020 2:00PM EDT
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Press Releases
05 Mar 2020
Dynamic ocean freight pricing — often conflated with instant quoting — can create some unintended consequences that rebound on the intermediaries upon which shippers rely.
27 Feb 2020
The addition of the new members in the Global Shipping Business Network will stoke competition in the race to develop platforms that link carriers, shippers, ports, terminals, customs authorities, and banks.
20 Feb 2020
Halifax and the ports of Montreal and Vancouver have endured cargo backlogs at marine terminals and disruption to domestic and international shipments.
19 Feb 2020
A weak container shipping environment in the fourth quarter was unable to prevent Hapag-Lloyd growing both revenue and average freight rates across the year.
18 Feb 2020
A rail blockade in Ontario as part of a more than week-long First Nation protest against a proposed oil pipeline in Canada remains in place, and CN’s eastern Canadian network is at a near standstill.
23 Jan 2020
A strike by French dockworkers this week is causing severe disruption to carrier schedules as port calls to Le Havre and Marseilles-Fos are cut.
08 Jan 2020
Members of THE Alliance are making plans to reshuffle their Asia-North Europe and Asia-Mediterranean networks in preparation for HMM, which will join the vessel grouping in April.
13 Dec 2019
A number of ocean carriers are adjusting their detention and demurrage fees in the next 30 days, causing shippers to pay more for these penalties being reviewed by the Federal Maritime Commission.
12 Dec 2019
Hapag-Lloyd has turned to Blume Global, which supplies a range of industry brand names, to help digitally manage its North American door moves.
01 Oct 2019
With liner schedule reliability a persistent bugaboo, the German container line is turning to Portchain to highlight in real time disruption to schedules.
30 Sep 2019
The convergence of contract and spot rates for ocean freight and the increased availability of instant digital quoting tools is pushing more cargo to the spot market and changing shipper negotiation strategies for long-term contracts.
16 Sep 2019
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.
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
The combined US import market share of the Top 5 US import carriers slipped 0.3 percentage points to 58.1 percent from January through September, while the Top 5’s US export share fell 0.8 percentage points to 58.4 percent, according to data from PIERS, a sister product of JOC.com.
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?
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