You Searched For "HapagLloyd"

Hapag-Lloyd has set itself the goal of making all its containers smart including 1.6 million dry containers

Maersk was the most reliable carrier in January with 58.3% followed by MSC with 57.7%

Nine ocean carriers commit to converting 50% of original bills of lading to digital within 5 years and 100% by 2030

Despite continuous fall in freight rates, stock prices of major liners are consolidating at historically low valuations

Average freight rate increased to $2,863/TEU; EBITDA up 60% at over $20bn

"Investment will strengthen presence in key strategic growth market India"

Hapag-Lloyd acquires 49% minority stake; terminal portfolio expanded

Significant focus is infra investment, which we are using to expand our terminal portfolio: CEO Rolf Habben Jansen

Acquires 10 terminals in six countries; presence strengthened in Latin America and terminal business.

Uncertainties remain due to war in Ukraine, ongoing disruptions in supply chains and Covid-19 pandemic.

Caveat: Hapag-Lloyd’s operational performance in relation to their equipment is taken as a proxy for the entire market.

Q1 revenue at $9bn and EBITDA of $5.3bn on 84% increase in average freight rate to $2,774/TEU and strong dollar.