Rolf Habben Jansen
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...
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 bookingsRolf 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/
Supply chain radar: Hapag-Lloyd – wow, just wow
Wow, just wow: 2020 annual results are out for Hapag-Lloyd today and are as stunning as we all thought they would be when we mulled over a leveraged buyout proxy in container shipping earlier this month with the German carrier.
The first notable change in its annuals is that I thought I was drunk...
https://theloadstar.com/supply-chain-radar-hapag-lloyd-wow-just-wow/
CMA CGM steering LNG-powered ships to US
CMA CGM Chairman and CEO Rodolphe Saadé recently announced that the France-headquartered company would dedicate six liquefied natural gas-powered container ships to the U.S. market as part of its drive to propel the energy transition of the shipping industry.
The first of these six container ships, which each will have a capacity to carry 15,000 twenty-foot equivalent units (TEUs) will be delivered in October. All six will be operational by the end of 2022, CMA CGM said. The vessels will be...
https://www.freightwaves.com/news/cma-cgm-steering-lng-powered-ships-to-us
Ocean carriers take heat for profiting ‘so handsomely’ while service plunged
The Agriculture Transportation Coalition’s Peter Friedmann took exception to what Hapag-Lloyd’s CEO didn’t say during a recent videoconference with media from around the world.
“It is one thing for ship schedule reliability to be at all-time low levels, but quite another for carriers to profit so handsomely by such collapse in dependable service,” Friedmann, executive director of the Washington-based AgTC, told American Shipper after reading about Rolf Habben Jansen’s press conference.
Habben...