Supply Chain - Container Shipping

Hapag-Lloyd Posts 83% Lower Net Profit In 2023

German container shipper Hapag-Lloyd has posted a net profit of €3.0 billion for 2023, down 83% from a year earlier, and cut its dividend by 85% in wh...

Geopolitical Upheaval And Legislative Change: More Turmoil For Shipping?

The maritime sector has been beset with disruption recently – geopolitical, legislative and climactic. Lena von Fritschen, director, market inte...

Hapag-Lloyd Sees Net Profit Fall Two Thirds In First Half

German container shipper Hapag-Lloyd has posted a net profit of €2.9 billion for the first half of 2023, down by 67% from a year earlier, but maintain...

Maersk Secures Fuel For First Methanol Container Ship Journey

Denmark's Maersk has secured fuel for the first container vessel able to run on carbon-neutral methanol for its inaugural journey from South Korea to Denma...

Hapag-Lloyd Spending Big Money On Fleet, Eyes Port Investment

German container shipper Hapag-Lloyd is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to exten...

Eight-Day Strike Begins At The UK's Felixstowe Port

Workers at Felixstowe, the UK's biggest container port, commenced an eight-day strike action on Sunday, according to media reports.

Hapag-Lloyd More Than Trebles H1 Net Profit, Sees Economic Uncertainty

Hapag-Lloyd has posted a net profit of €8.7 billion ($8.94 billion) for the first half of 2022, more than three times as much as a year earlier.

Maersk Raises Profit Guidance, Says Shipping Boom Will Stabilise In H2

Shipping group Maersk, often seen as a barometer for global trade, has cautioned that the container market may normalise in the second half of the year, ev...

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Shipping Firm Maersk Says Q2 Demand Beats Initial Expectations

Maersk Sees Slight Pick Up In Container Traffic Next Year

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