Rolf Habben Jansen will continue to lead Hapag-Lloyd until 2027

The supervisory board of Hapag-Lloyd AG has agreed to an early extension of the contract of Rolf Habben Jansen, the company’s chief executive officer, until 31 March 2027, while the contract of Mark Frese, the company’s chief financial officer, was also extended by five years, until 30 November 2027.

Rolf Habben Jansen is a member of the executive board of Hapag-Lloyd since 1 April 2014 and he is the company’s CEO since 1 July 2014.

“Rolf Habben Jansen has led Hapag-Lloyd successfully through...

https://container-news.com/rolf-habben-jansen-will-continue-to-lead-hapag-lloyd-until-2027/

House panels open price-gouging probe of major ocean carriers

Two congressional oversight panels have opened an investigation of three major ocean carriers, alleging that their dramatic rate hikes charged to shippers may have fueled inflation.

Leaders of the Select Subcommittee on the Coronavirus Crisis and the Subcommittee on Economic and Consumer Policy — which operate under the House Committee on Oversight and Reform — sent letters on Wednesday to heads of Maersk, CMA CGM and Hapag-Lloyd requesting information about their container rate increases and...

https://www.freightwaves.com/news/house-panels-open-price-gouging-probe-of-major-ocean-carriers

Hapag-Lloyd CEO: ‘We are probably in the peak of the problems’

Congested ports. Clogged supply chains. Capacity shortages.

Much of Hapag-Lloyd CEO Rolf Habben Jansen’s third-quarter overview had a familiar refrain, one likely to be heard again after the fourth quarter. 

But there were two topics Habben Jansen did not expound upon: the buckets of money the ocean carrier likely raked in during the third quarter and the recent investment in a German port.

Hapag-Lloyd is scheduled to release its third-quarter figures Nov. 12, and Habben Jansen did not open the...

https://www.freightwaves.com/news/hapag-lloyd-ceo-we-are-probably-in-the-peak-of-the-problems

Hapag-Lloyd orders 6 more 23,500-TEU ships at cost of $852M

Hapag-Lloyd has doubled its container ship order, commissioning a South Korean shipyard to build six more mega-vessels.

Each of the container ships will have a capacity of more than 23,500 twenty-foot equivalent units (TEUs). That’s the same size as the six ultra-large ships Hapag-Lloyd ordered at the end of 2020 from Daewoo Shipbuilding & Marine Engineering. 

The order does not come as a surprise. Hapag-Lloyd CEO Rolf Habben Jansen said on the ocean carrier’s first-quarter earnings call that the

https://www.freightwaves.com/news/hapag-lloyd-orders-6-more-23500-teu-ships-at-cost-of-852m

Hapag-Lloyd raises box order to ‘counteract the container shortage’

Hapag-Lloyd has increased its container order by 60,000 twenty-foot equivalent units (TEUs).

“The sharp increase in demand has led to a shortage of containers across the world. Severe imbalances — such as with exports from Asia but also owing to congestion in ports and delays in hinterland transports — are causing containers to be tied up in transit for considerably longer periods of time. More boxes are currently needed overall to manage the same transport volume,” Hapag-Lloyd said in its...

https://www.freightwaves.com/news/hapag-lloyd-raises-box-order-to-counteract-the-container-shortage

Hapag-Lloyd rakes in more in Q1 than all of 2020

The German shipping line Hapag-Lloyd is not one to bandy about words like “whopping” or “skyrocketed” or “best ever” when describing bottom-line financial results. But the bottom line is Hapag-Lloyd’s first-quarter 2021 earnings before interest and taxes of $1.5 billion equaled the EBIT for all four quarters of 2020. 

For Q1 alone, EBIT was up by $1.36 billion — that’s billion with a B — from $176 million in 2020 to the $1.53 billion this year. 

Earnings before interest, taxes, depreciation and...

https://www.freightwaves.com/news/hapag-lloyd-rakes-in-more-in-q1-than-all-of-2020

Hapag-Lloyd shelling out more than half a billion dollars for containers

Hapag-Lloyd has ordered 150,000 twenty-foot equivalent units (TEUs) in an effort to combat slow turn times. The cost — about $550 million — represents one of the German ocean carrier’s largest container orders ever.

Import surges at U.S. ports, labor shortages caused by COVID-19 outbreaks and severe port congestion, particularly on the West Coast, all have contributed to a slow turnaround of containers to be sent empty back to Asia to be refilled.

Hapag-Lloyd said in the announcement it “needs...

https://www.freightwaves.com/news/hapag-lloyd-shelling-out-more-than-half-a-billion-dollars-for-containers

Shipping Demand Stays Strong Amid Tight Sea Cargo Market

According to Hapag-Lloyd CEO, a robust demand for shipping goods across the world’s oceans shows no signs of slowing down signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year, Bloomberg Quint reports.

Surging demand amid strong bookings

Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said “Last week and this week we’ve still seen very strong bookings,” on a conference call April 8. “So I don’t see any signs around the corner than demand is...

https://mfame.guru/shipping-demand-stays-strong-amid-tight-sea-cargo-market/