Hapag Lloyd News

Danish shipping company Maersk said on Friday that one of its vessels had successfully navigated the Red Sea and Bab el-Mandeb Strait for the first time in nearly two years, as shipping companies weigh returning to the critical Asia-Europe trade corridor.The company stated that while it had no firm plans to fully reopen the route, it would take a "stepwise approach towards gradually resuming navigation" via the Suez Canal and the Red Sea. Maersk declined to further elaborate on its plans.Maersk and rivals…

Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region.The first vessel to complete a full service loop via Suez Canal will be CMA CGM Verdi, sailing from Karachi to New York on 15 January. eeSea by Xeneta data shows voyages via Suez Canal rather than Cape of Good Hope reduces full loop transit time on this service by two weeks…

There is no specific timeline for when the shipping industry will resume sailing through the Suez Canal, but any return would be gradual, the chief executive of Hapag-Lloyd, the world's fifth-largest container company, said on Thursday.Shipping companies have been sailing costly routes around Africa since November 2023 to avoid attacks on commercial vessels in the Red Sea by Yemen's Houthi militants, who said they were acting in solidarity with Palestinians over Israel's war in…

This week, container ship ordering news was dominated by the order by Hyundai Merchant Marine (HMM) for eight 13,400 TEU container ships.In a newly released report, the International Federation of Freight Forwarders Associations (FIATA) notes that the container fleet is aging. As of August 2025, the average fleet age of the top 10 shipping lines is relatively mature at around 13 years old, although there is variation amongst the different shipping companies. Evergreen and HMM currently operate the youngest fleet with an average age of nine years…

German container shipper Hapag-Lloyd posted a 50% drop in nine-month net profit to 846 million euros ($989 million) on Thursday and lowered the top end of its full-year earnings forecast, blaming volatile markets and pledging to be strict on costs.The company revised its full-year earnings before interest and taxes (EBIT) projection to between 500 million and 1 billion euros, trimming the upper end from a previous range of 200 million to 1.1 billion euros announced in its August earnings.Security concerns in the Red Sea that necessitated longer re-routings and frequent shifts in U.S.

German container shipping firm Hapag-Lloyd on Thursday posted a 50% drop in nine-month net profit to 846 million euros ($986.6 million) and lowered the top end of its full-year earnings outlook, citing market volatility and rising costs.The company narrowed its full-year earnings before interest and taxes (EBIT) forecast to between 0.5 billion and 1.0 billion euros, reducing the upper end from a previous range of 0.2 billion to 1.1 billion euros announced in its August earnings."(We) will respond agilely to changes in global trade and maintain strict cost discipline…

Cleaner-fuel burning ships accounted for 37% of cargo vessel orders in the first 10 months of 2025, unchanged from the year-ago period, as buyers were uncertain about when global rules for cutting maritime emissions will take effect, data from shipping consultancy AXSMarine showed.Overall gross tonnage (GT), an industry measure for vessel capacity, totaled 78 million from January through October, down from 113 million from the year-ago period, AXSMarine data showed.Orders for all of 2024 surged to a 17-year high after ships were rerouted to avoid Houthi rebel attacks in the Red Sea…

The Panama Canal launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port terminals on both the Atlantic and Pacific sides of the waterway.Following a process similar to that followed for the introduction of the gas pipeline project, the Panama Canal convened a group of representatives from companies with proven experience in container port operations and container shipping lines.According to institutional rules and regulations…

ABS hosted the second edition of the Middle East Women in Maritime Summit at the Address Dubai Mall, gathering more than 150 industry professionals to celebrate the expanding role of women in the region’s maritime sector.Themed “Advancing Women in Maritime – Challenges and Opportunities,” the summit showcased stories of leadership and mentorship across the Middle East’s fast-growing maritime ecosystem.Guests of honor included Her Excellency Engineer Hessa Al Malek, Advisor to…

The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.A return to an all-out trade war appeared imminent last week, after China announced a major expansion of its rare earths export controls and President Donald Trump threatened to raise tariffs on Chinese goods to triple digits.But after the weekend…

Hapag-Lloyd and DHL Global Forwarding have signed a three-year framework agreement for the purchase of Scope 3 greenhouse gas (GHG) emission reductions resulting from the use of sustainable marine fuels within Hapag-Lloyd’s fleet.As part of this agreement, the first order of 25,000 tons CO2e well-to-wake (WTW) emission avoidance was successfully executed in July 2025 with second-generation biofuels produced from waste and residue feedstock.“We are delighted to have completed this order with DHL…

Global shipping companies are moving full steam ahead with commercial vessel orders from Chinese shipyards, despite the U.S. targeting those ships with port fees aimed at countering China's maritime dominance, a new report from the Center for Strategic and International Studies showed.Chinese shipyards captured 53% of all global ship orders by tonnage during the first eight months of 2025, according to the CSIS analysis of S&P Global data released on Wednesday.That was on par with full-year 2023 levels before the U.S.

Container shipping company Hapag-Lloyd reported a 3.1% decline in first-half net income on Thursday and lowered the top end of its full-year earnings forecast, largely due to uncertainty over geopolitical issues and U.S. trade policy.The world's fifth-largest shipping firm projected full-year earnings before interest and taxes ranging between 200 million euros and 1.1 billion euros, compared with a previously expected range of breakeven to 1.5 billion euros.Frequent changes in U.S.

MacGregor has secured an order from Hapag-Lloyd for its fully automatic twistlocks (ACV-1) “Hippo," designed to improve cargo handling efficiency. Twistlocks are used to secure containers on ships, ensuring stability and safety during transport.This order will support Hapag-Lloyd’s A19-series ships, which include six 19,900 TEU vessels: Al Nefud, Al Dahna Express, Barzan, Al Muraykh, Al Zubara, and Tihama.The order was booked in the first quarter 2025. The first set of Hippos…

A Yemeni Houthi official said on Sunday that the Iran-aligned group's response to the U.S. attack on Iran was "only a matter of time."Mohammed al-Bukhaiti, a member of the Houthi movement's political bureau, told Al Jazeera Mubasher TV that its ceasefire deal with Washington was before the "war" on Iran.The group has been launching attacks on shipping lanes and Israel in what it says is in solidarity with Palestinians in Gaza during the Israeli war. It agreed on a ceasefire deal with the United States in May to stop attacking U.S.

Coast Guard and Maritime Transportation Subcommittee Ranking Member Salud Carbajal (D-CA-24) and Chair Mike Ezell (R-MS-04) announced their bipartisan American Cargo for American Ships Act passed the House of Representatives. The legislation will strengthen U.S. cargo preference laws to stop the ongoing decline of U.S. flagged ships engaged in international trade. The legislation now heads to the U.S. Senate for consideration.The American Cargo for American Ships Act would increase cargo preference for all U.S. Department of Transportation cargoes to 100 percent.

The currents in Singapore can be so strong that divers cleaning fouling from a ship’s hull can feel like they are swimming in a river. There’s times when it’s just not safe for them to be there.The currents can be a problem for robotic cleaners as well, but for ship operators, the bigger problem is having to wait long after cargo operations have concluded while the hull is cleaned by either method.And yet, many of the pressures they face for keeping the hull clean – invasive species…

A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. freight industry, as importers rush to lock in shipments ahead of the busy back-to-school period, experts said.The $906 billion U.S. trucking industry, in particular, has been facing a nearly three-year-long slowdown due to overcapacity, which was worsened by President Donald Trump's recent tariffs on the country's largest trading partners.But an agreement on Monday between the world's two largest economies to slash tariffs for at least 90 days…

German container shipping firm Hapag-Lloyd on Monday welcomed an agreement between the United States and China to temporarily slash reciprocal tariffs, saying it expected to be buoyed by a resulting increase in bookings from China to the U.S.The United States will cut extra tariffs it imposed on Chinese imports in April to 30% from 145% and Chinese duties on U.S. imports will fall to 10% from 125% for the next 90 days, the two sides said on Monday.Trade between the world's two largest economies plummeted in the midst of the trade standoff…

Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump's punishing tariffs on the world's top exporting country collapse trade, maritime consultants said.The ships on those routes have the combined capacity to deliver 25,682 40-foot containers stuffed with toys, tennis shoes, car parts and things U.S. manufacturers use to produce goods each week - or more than 1.3 million 40-foot containers a year…

The English Commercial Court (the “Court”) has provided helpful clarity on the extent of damages available to a claimant shipowner for the late redelivery of a vessel under a time charter where there is evidence that the owner of the vessel would have been unable to enter into a subsequent charter for the vessel. In such circumstances, only nominal damages will be recoverable, as no actual loss has been suffered.BackgroundHapag-Lloyd AG (the “Charterers”) entered into two materially…

Maersk said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsising some vessels, despite the uncertainty caused by U.S. import tariffs and the trade war between the United States and China.German container carrier Hapag-Lloyd last week said that its customers had cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world's two largest economies.Maersk said its customers with shipments out…

Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world's two largest economies, a spokesperson for the German container shipping group told Reuters on Wednesday.Instead, there has been a "massive increase" in demand for consignments from Thailand, Cambodia and Vietnam, the spokesperson added.Tariffs on goods from China introduced by U.S. President Donald Trump have triggered a trade conflict that has resulted in 145% U.S. duties on Chinese goods and 125% Chinese duties on U.S.