Hapag-Lloyd applies increased Africa rates

Hapag-Lloyd has published updated rates for sailings with destination to Africa, which will be effective from 15 August.

Firstly, the German liner operator will implement a peak season surcharge (PSS) of US$550 for 20′ dry containers from Egypt to Benin, Congo, Ivory Coast, Ghana, Nigeria, Senegal and Mauritania of West Africa.

Additionally, a general rate increase (GRI) of US$250 for all sizes of dry boxes will be imposed from Hapag-Lloyd for cargo sailing from United Arab Emirates, Bahrain,...


Hapag-Lloyd opens new office in Senegal

Hapag-Lloyd has announced the opening of a new office in Dakar, the capital city of Senegal, enhancing its presence in Africa.

The German carrier mainly transports nuts, fish, cotton and minerals out of Senegal, while its imports primarily consist of chemicals, foodstuffs and garments. The country is connected to the global Hapag-Lloyd network by the weekly Dakar Express Service (DEX) with transshipment in Tangier.

“Senegal has shown impressive economic growth in the recent years, and it has...


Hapag-Lloyd expects growth in TEU volumes and earnings

Hapag-Lloyd has announced its preliminary half-year figures for 2021, expecting a significant increase in both operational and financial results.

The German carrier expects an Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) of approximately US$4.2 billion for the first half of 2021, compared to around US$1.3 billion during the same period of the last year.

At the same time, Earnings before interest and taxes (EBIT) is anticipated to be roughly US$3.5 billion in comparison...


ONE giant leap — 1,432% profit gain

Huge profit gains in ocean shipping have become commonplace this year. But Ocean Network Express’ year-over-year profit increase — 1,432% — is still attention-grabbing.   

For its fiscal 2021 first quarter, ONE recorded profit of $2.559 billion, a $2.39 billion gain from the $167 million posted in the same period last year. 

ONE’s fiscal year runs from April 1 to March 31.

ONE said in its earnings report Friday that “profit significantly increased” in large part because of the continuing strong...


Hapag-Lloyd to boost its box capacity with 130,000TEU

The German liner operator, Hapag-Lloyd is in ongoing discussions for the acquisition of 10 container ships with 13,000TEU capacity each, enhancing further its total container capacity.

“We can confirm that we are in ongoing negotiations about ten 13,000TEU vessels,” a Hapag-Lloyd spokesperson told Container News.

The German carrier will add conventionally-powered scrubber-fitted boxships, ordered by Greek ship owners Capital Ship Management and Chartworld, according to Alphaliner.



Hapag-Lloyd sets new charges from Asia

Hapag-Lloyd has announced several rate increases, which will take effect in August, for sailings starting from Asia ports.

Firstly, the German carrier will impose a General Rate Increase (GRI) of US$950 per TEU for all types of cargoes heading from the Middle East and the Indian Subcontinent to the East Coast of South America. This GRI will begin on 1 August.

Two weeks later, the liner operator will implement a new ocean tariff rate increase of US$1,000 for all types and sizes of cargo, from the...


Hapag-Lloyd increases prices to Australia

Hapag Lloyd has announced new rates for Australian destinations that will take effect in the next months.

Firstly, the German carrier will implement a peak season surcharge (PSS) of US$500 for 20′ and US$1,000 for 40′ all dry, reefer, non-operating reefer, tank, flat rack and open-top containers. This surcharge will be applicable from 1 August for sailings starting from Taiwan.

One month later, the Hamburg-based box line will introduce the same level of surcharge for all the container types from...


Hapag-Lloyd pushes up charges to East Coast of South America

Hapag-Lloyd has announced rate increases to the East Coast of South America, which will take effect during July.

The German carrier will apply a general rate increase (GRI) of US$500 per container for all cargo and container types shipping from East Asia to the East Coast of South America. The rate increase will be effective from 26 July.

Additionally, Hapag-Lloyd has implemented another GRI from today (23 July) for all dry cargo shipping from Callao, Peru, and Guayaquil, Ecuador to the Port of...


Operations in southern Vietnamese ports slow to a crawl with Covid-19 outbreak

Ho Chi Minh City is now the Covid-19 epicentre of Vietnam and the resulting lockdown of the country’s commercial capital has slowed port operations in the southern part of the country.

Movement restrictions have been imposed in the southern Vietnamese city until 1 August, after thousands of Covid-19 infections were confirmed.

A spokesperson for Hapag-Lloyd told Container News that several factors, including the recent grounding of Ever Given in the Suez Canal and the bottleneck in China’s Yantian...


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