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...In January, Hapag-Lloyd announced plans to acquire a 40 per cent stake in Indian operator JM Baxi Ports & Logistics....
...Hapag-Lloyd operates 6.9 per cent of global container ship capacity, according to figures from Alphaliner, an information service....
...Meanwhile, Germany’s Hapag-Lloyd, the world’s fifth-largest container line by capacity, indicated that it intended to continue diverting its ships away from the Red Sea towards the Cape....
...Hapag-Lloyd, the fifth-biggest container line, said speeds had generally increased and that it was accelerating ships when necessary to overcome congestion delays....
...Share prices for Maersk and Hapag-Lloyd are up about 20 per cent over the same period....
...Nils Haupt, spokesperson for Hamburg-based shipping line Hapag-Lloyd, said there could also be congestion at European ports as vessels arrived outside scheduled times....
...Maersk and Hapag-Lloyd’s agreement this year to shift cargo to Shenzhen’s Yantian port instead of Hong Kong underlines the trend, according to analysts....
...Maersk had already announced 10,000 job cuts and an operational partnership with Germany’s Hapag-Lloyd in an effort to trim costs....
...Hapag-Lloyd, Germany’s biggest container line, said on Friday it was not looking at the possibility of using military escorts to return to the Red Sea route....
...That is also boosting share prices for shipping lines. Maersk and Germany’s Hapag-Lloyd are up about 20 per cent over the same period....
...Businesses including German container carrier Hapag-Lloyd and Denmark-based AP Møller-Maersk have invested in ports, warehouses and other logistics infrastructure....
...combined dividends of Maersk and Hapag-Lloyd....
...Still, leading providers including MSC, Maersk and Hapag-Lloyd signed a declaration in February to co-operate more with Antwerp’s port authorities....
...The restrictions — rare during Panama’s wet season, which lasts from May to December — have led big carriers including German group Hapag-Lloyd to announce surcharges for routes that rely on the gateway...
...After two years of bumper profits, shipping groups from CMA-CGM to Hapag-Lloyd have warned investors of the risk to their bottom line....
...Within two years, other big players such as France’s CMA CGM, China’s Cosco and German liner Hapag-Lloyd had struck similar deals....
...Hapag Lloyd is going to pay 20.8 million EUR, meaning an effective tax rate of 0.5%. Maersk and Hapag-Lloyd aren’t gaming the system....
...The world’s second-largest container shipping group followed rivals Ocean Network Express and Hapag-Lloyd in saying that it would cease bookings for cargo to or from Russia except for food, medical and humanitarian...
...Germany’s Hapag-Lloyd said it had already capped its spot rates for some weeks but had not announced the decision publicly....
...Hapag-Lloyd, one of the largest container shipping groups, estimates that 20 per cent more containers are bound in shipments than before the crisis....
...Hapag-Lloyd, might be considering....
...Shipping groups such as Denmark’s AP Moller-Maersk, the world’s largest container shipping line and vessel operator, Swiss-Italian MSC, Germany’s Hapag-Lloyd and CMA CGM of France have struggled to deliver...
...German carrier Hapag-Lloyd estimated the disruption would not ease until the first quarter of next year....
...Maersk and Hapag-Lloyd, two of the five biggest shipping lines, both blamed unprecedented consumer demand for the capacity “bottlenecks” affecting virtually every stage of the maritime supply chain....
...Chairman and Chief Executive, CMA CGM Jae-Hoon Bae President and Chief Executive, HMM Jeremy Nixon Chief Executive, Ocean Network Express Rolf Habben Jansen Chief Executive, Hapag-Lloyd Randy Chen Vice-Chairman...
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