Hapag-Llyod

Hapag-Lloyd’s Odyssey To Smart Containers

Credits: Philippe Oursel/Unsplash

Hapag-Lloyd, a global leader in container shipping, is making waves in the industry by rapidly advancing towards creating the world’s largest smart container fleet. The installation of their 700,000th tracking device is a significant milestone on their journey towards digital transformation and supply chain transparency as reported by Hapag Lloyd.

  • Hapag-Lloyd achieves a significant milestone, installing its 700,000th tracking device, on the path to creating the...

https://mfame.guru/hapag-lloyds-odyssey-to-smart-containers/

Shippers Stay Away from Transporting Scrap To China

  • Hapag-Lloyd and MSC will no longer accept scrap metal or paper as cargo to ports in China.
  • Announcements add one more layer of confusion to a scrap import landscape in China.
  • Chinese government agencies raided several recycling facilities and issued statements.
  • Recyclers are increasingly reluctant to ship even high-grade copper and aluminum scrap to China.
  • The lack of transparency and definitive lines of regulator responsibility is very difficult.

According to an article published in...

https://mfame.guru/shippers-stay-away-from-transporting-scrap-to-china/

Largest Shipping Lines To Adapt Fresh Rating Policy

  • The largest shipping lines have announced new changes in their rating policy across the world from 1 July.
  • Maersk Line, MSC, CMA CGM and Hapag-Lloyd will apply fresh prices in the next month in various regions in order to face the current challenging period, caused by the Covid-19 crisis.

A recently published article in the Container News reveals the rating policy of the largest shipping lines across the world.

Hike in prices

In the first instance Maersk will increase freight of all kinds (FAK)...

https://mfame.guru/largest-shipping-lines-to-adapt-fresh-rating-policy/

Ocean Carriers Mend Their Q3 Margins With Lower Fuel Prices

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

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%.

HMM has a negative quarter

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

http://mfame.guru/ocean-carriers-mend-their-q3-margins-with-lower-fuel-prices/