Hapag-Lloyd revises CGX service port rotation

German carrier Hapag-Lloyd has upgraded its China-German Express (CGX) service with the expansion of the port coverage, which will now include the ports of Shanghai and Antwerp with the latest one replacing Le Havre port.

The new CGX port rotation will be effective in November.

Hapag-Lloyd’s China-German Express (CGX) service port rotation

Hapag-Lloyd has published the following transit times of its updated service:

Westbound Wilhelmshaven Antwerp
Arrival DayFridayMonday


Hapag-Lloyd acquiring SAAM terminal operations in $1B deal

Hapag-Lloyd announced Tuesday it is making its first investment in the Americas through the $1 billion acquisition of the SM SAAM S.A. marine terminal and logistics businesses.

The German ocean container shipping company is acquiring all of SAAM’s shares in 10 terminals as well as bonded warehouses and integrated logistics operations for importers and exporters. The Chile-based company will retain its tugboat and airport logistics businesses. 

SAAM operates eight terminals as the majority or...


Hapag-Lloyd buys SM SAAM terminal business for US$1 billion

Hapag-Lloyd will acquire the entire terminal business of the Chile-based company SM SAAM, including SAAM Ports and SAAM Logistics, for approximately US$1 billion.

The two parties signed an agreement according to which the German shipping firm will take over 100% of the shares of the two SAAM companies and thereby the entire SM SAAM’s terminal business and associated logistics services.

SM SAAM is a terminal operator, logistics company and towage provider active in multiple countries in the...


GSBN, Hapag-Lloyd complete shipping data sharing pilot

Global Shipping Business Network (GSBN), a blockchain consortium founded by major container lines and global terminal operators, has reached a milestone in successfully unifying the consent collection and sharing of shipping data on the GSBN Data Sharing Management Application.

In collaboration with Bank of China (Hong Kong), German ocean carrier Hapag-Lloyd and A & W Food Service (Hong Kong) Ltd, the pilot transaction was completed in under 20 minutes.

GSBN noted that with an increasingly...


Hapag-Lloyd introduces new feeder service between Colombo and Chittagong

Hapag-Lloyd has announced a new feeder service between the port of Colombo in Sri Lanka and the port of Chittagong in Bangladesh aiming to bring more fluidity into its transshipment movement.

The German company’s new Chittagong Colombo Feeder (CCF) service is expected to enable swift connections from Chittagong to the carrier’s global network via Colombo, according to Hapag-Lloyd’s statement.

“It offers a faster relay connection to the European and United States markets from Bangladesh, with...


Liner ναυτιλία και logistics: Οι νέες επενδύσεις

Συμφωνία για την ένωση των δυνάμεών τους ανακοίνωσαν Hapag-Lloyd και Spinelli Group. Ειδικότερα, η γερμανική εταιρεία στη ναυτιλία γραμμών θα αποκτήσει το 49% του ιταλικού ομίλου των logistics από υπάρχοντες μετόχους. Το υπόλοιπο 51% των μετοχών θα διατηρήσει η οικογένεια Spinelli.

Επί του παρόντος δεν έχουν γίνει γνωστές οι οικονομικές λεπτομέρειες του deal, ενώ η ολοκλήρωσή του αναμένει το πράσινο φως των αρμόδιων αρχών ανταγωνισμού.

Η επέκταση των liner εταιρειών στα logistics αποτελεί σύνηθες...


Hapag-Lloyd acquiring stake in Italian logistics company

German container shipping line Hapag-Lloyd announced Thursday it is acquiring a 49% stake in Italian logistics company Spinelli Group. 

The Spinelli family will retain a majority stake of 51%, according to Hapag-Lloyd. 

“The parties have agreed to not disclose any financial details of the deal,” the four-sentence announcement said. “The completion of the transaction is subject to the approval of the responsible antitrust authorities, which is expected within the next months.” 

The nearly...


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