Hapag-Lloyd enhances Caribbean Express Service

In order to strengthen and optimize its presence in the Caribbean and Central America markets to North Europe and vice versa with a continued focus on serving the Reefer segment as well as Special Cargoes Hapag-Lloyd has enhanced its current and weekly Caribbean Express Service (CES) as follows:

Willemstad – Oranjestad – Kingston – Santa Marta – Puerto Limon (Moin) – Caucedo – London Gateway – Rotterdam – Antwerp – Willemstad

For export cargoes as of...

https://container-news.com/hapag-lloyd-caribbean-express-services/

CMA CGM currently the only ocean carrier interested in LNG to power box ships

CMA CGM shortsea subsidiary Containerships has received its fourth LNG-powered vessel, the 1,380 teu Containerships Arctic.
The vessel will bunker with approximately 200 tons of LNG at Rotterdam and will be deployed on the intra-European carrier’s Baltic service after a period covering for CMA CGM on its Baltic feeder service network.
The vessel joins its three sister ships, Containerships Aurora, Containerships Nord and Containerships Polar, with the final two in a series …

The post CMA CGM...

https://theloadstar.com/cma-cgm-currently-the-only-ocean-carrier-interested-in-lng-to-power-box-ships/

HL to increase rates from ISC & Middle East

Hapag-Lloyd will apply a new General Rate Increase from Indian Subcontinent (ISC) and Middle East to USA and Canada as outlined below, effective as from January 1, 2020:

This rate increase (GRI) will apply for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers.

  • USD 400 per 20′ standard container
  • USD 500 per 40′ standard container (40′ x 8’6″)
  • USD 500 per 40′ high cube container (40′ x 9’6″)
  • USD 500 per 40′ reefer container (40′ x 9’6″)

Indian Subcontinent Origin co...

https://container-news.com/hapag-lloyd-rates-isc-middle-east/

Analysis: 2020 – the financial watershed year for Hapag-Lloyd

When Rolf Habben Jansen took the helm of Hapag-Lloyd in 2014, the German carrier was a private company with 191 vessels (2013: 151) and annual ebitda of €99m (2013: €389m), recording hefty operating losses (-€112m, adjusted ebit and -€383m unadjusted) on annual revenues of €6.8bn.
Other key metrics at the time – 2014 was just one of those very bad years we were used to – are shown in the table …

The post Analysis: 2020 – the financial watershed year for Hapag-Lloyd appeared first on The Loadstar.

https://theloadstar.com/analysis-2020-the-financial-watershed-year-for-hapag-lloyd/

Are carriers boosting low-sulphur fuel surcharges to make up for low rates?

Low-sulphur surcharges announced by ocean carriers on 1 December show “significant variations”, even within alliances, according to Alphaliner analysis.
As The Loadstar reported last Friday, carriers appear to have succeeded in passing on most of the perceived cost implications of IMO 2020 to the spot market and short-term shipper contracts, but the consultant questioned the lack of transparency in setting the surcharges.
“The wide variations in the new fuel surcharge and lack …

The post Are...

https://theloadstar.com/are-carriers-boosting-low-sulphur-fuel-surcharges-to-make-up-for-low-rates/

Hapag-Lloyd announces fresh rates

Hapag-Lloyd announces the following Ocean Tariff rates for all cargoes in 20’ and 40’ General Purpose (incl. High Cube Containers) on the westbound trade from East Asia to North Europe.

Valid for sailings commencing on tariffing date December 22, 2019 onwards and until further notice, Hapag-Lloyd’s Ocean Tariff rates from East Asia (excluding Japan) will be as follows:

Freight All Kinds (FAK) subject to Marine Fuel Recovery (MFR) and IMO2020 Transition Charge (ITC)*.

* Kindly note that in respect...

https://container-news.com/hapag-lloyd-rates-2/

What Helped Ocean Carriers Average Operating Margin Improve To 3.6% in Q3?

Cheaper fuel prices helped ocean carriers improve their average operating margin to 3.6% in the third quarter, reports The LoadStar.

Q3 lead and loss

This compares with just 0.6% in Q3 last year and is despite a 1.8% decline in freight rates.

According to Alphaliner, the Q3 market leader was Hapag-Lloyd, with an operating margin of 7.8%, followed by Maersk, at 7.3%. 

Dragging down the average for the carriers that publish their results was HMM, with a negative operating margin of -5.7%, extending...

http://mfame.guru/what-helped-ocean-carriers-average-operating-margin-improve-to-3-6-in-q3/

Analysis: Supply chain awards 2019, and the winners (and losers) are…

The challenge was to sum up a year of supply chain achievements in 30 words for each global player on my radar?
Accepted.
Yet be safe in the knowledge we will overlook corporate strategy here, rather focussing on hard evidence and the performance of the majors as the year joyfully draws to a close.
First things first.
The 2019 star: Hapag-Lloyd.
Its stock up 226%; 2019e free cash flow yield 13%; net debt up 15.3%, free …

The post Analysis: Supply chain awards 2019, and the winners (and losers)...

https://theloadstar.com/analysis-supply-chain-awards-2019-and-the-winners-and-losers-are/

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