Hints and tips:
...Hapag-Lloyd, which operates the world’s fifth-biggest fleet, will leave the THE alliance, of which it is the largest member....
...In the first six months of 2021, Hapag-Lloyd reported higher earnings than it had in the previous 10 years as a whole....
...Hapag-Lloyd, the fifth-biggest container line, said speeds had generally increased and that it was accelerating ships when necessary to overcome congestion delays....
...Hapag-Lloyd said it still deemed the passage through the Red Sea “risky and dangerous” and would continue to route its vessels around the Cape....
...“This week, we had eight ships of Hapag-Lloyd at Hamburg, which is a lot,” Haupt said. Some ships are still travelling through the Suez Canal....
...In 2022, Hapag-Lloyd’s tax payments were equivalent to just 1 per cent of its pre-tax profits compared with 10 per cent in 2019....
...Rolf Habben Jansen, the chief executive of German shipping group Hapag-Lloyd, said this week that India could be one of the big beneficiaries....
...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....
...Hapag-Lloyd used the first-half profits to reduce its net debt by $1.5bn and to significantly lift its dividend....
...Ralf Belusa, managing director for digital business and transformation at the German-based global container shipping group Hapag-Lloyd, summed it up at a recent FT event: “Our reality today is based on increased...
...He said the recent drop in freight rates was because of the seasonal drop in shipments that would no longer make it in time for Christmas, together with the decision by the likes of carriers CMA CGM and Hapag-Lloyd...
...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...
...With no price war on the horizon this time, the likes of Maersk and Hapag-Lloyd should be able to navigate the choppy waters ahead....
...One notice to industry issued last week by Hapag-Lloyd, the German shipping company, said that a $175 “congestion surcharge” would apply from November 15 on Far East to UK routes, citing “infrastructure...
...“We see a pretty steep decline [in volumes] right now in the course of Q2,” Rolf Habben Jansen, chief executive of Germany’s Hapag-Lloyd, told investors last month....
...It is also selling its stake in the Hapag-Lloyd cruise line to a joint venture with Royal Caribbean, which will give it an additional €660m cash....
...Last week, the Anglo-German tour group sold half of its interest in Hapag-Lloyd Cruises to Tui Cruises, the company that is run as a joint venture with Royal Caribbean....
...The trip has certainly been eventful for shareholders in Hapag-Lloyd. The German shipping group had to reduce the size and price of its IPO in 2015 to get investors on board....
...Hapag-Lloyd, which recently posted a 80 per cent increase in earnings before interest, tax, depreciation and amortisation for the six months to June, is up 35 per cent....
...In cruises, new launches are scheduled for its Tui, Marella and Hapag-Lloyd brands in 2018 and 2019, with the new ship (hopefully not Mein Schiff 3) due in Spring 2023....
...In the biggest of the current transactions, Hapag-Lloyd is acquiring the container shipping operations of UASC, while Maersk Line is buying Hamburg Süd....
...Denmark’s Maersk Line itself is in the process of buying Hamburg Süd, the German group with a strong presence in Latin America; Hapag-Lloyd has taken over two competitors in recent years; CMA CGM bought...
...The price was not disclosed, but using quoted Hapag-Lloyd as a proxy, the acquisition’s enterprise value could be about $4bn....
...Hapag-Lloyd, the German group that once attempted to buy Hamburg Süd, bought Dubai-based United Arab Shipping Company in July to become the fifth-biggest container line....
...Japan’s three major shipping companies — Mitsui OSK, NYK Line and Kawasaki — have stopped short of full-blown mergers, but agreed in May to form a new alliance with Hapag-Lloyd, South Korea’s Hanjin Shipping...
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