Rolf Habben Jansen

Hapag-Lloyd profit swells despite shrinking volumes

Hapag-Lloyd maintains that despite doused volumes in the second quarter, it has the liquidity and strong earnings to stay well above water.

“After the year got off to a decent start, transport volumes significantly declined in the second quarter as a result of the COVID-19 pandemic. We benefited from the sudden drop in bunker prices, adjusted capacity to lower demand and took additional cost-cutting measures as part of our performance safeguarding program,” CEO Rolf Habben Jansen said in...

https://s29755.pcdn.co/news/hapag-lloyd-profit-swells-despite-shrinking-volumes

Hapag-Lloyd promising cargo loaded as booked

“Your cargo has been rolled.”

Not only does that statement elicit groans from customers, it causes delayed cargo, more administrative work and often additional commercial costs.

“With our newly launched loaded as booked quality promise, we spare our customers these headaches and inconveniences by promising to load more than 95% of their confirmed bookings on the exact ship specified in the reference or first booking confirmation,” Hapag-Lloyd announced Thursday.

Juan Carlos Duk, Hapag-Lloyd’s...

https://s29755.pcdn.co/news/hapag-lloyd-promising-cargo-loaded-as-booked

Analysis: Jansen & Skou in ideological battle but Saadé laughs first

The most entertaining side, if there is one at all these days, of this rather dramatic Covid-19 pandemic era?
Well, the container shipping masterminds are on a roll, often disagreeing: on corporate strategy (vertical integration, or the lack thereof); funding requirements (not enough cash is kicking around; or whether too much is up for grabs, if you are based in the East); and, of course, state aid in what is clearly …

The post Analysis: Jansen & Skou in ideological battle but Saadé laughs first

https://theloadstar.com/analysis-jansen-skou-in-ideological-battle-but-saade-laughs-first/

Higher costs hurt Hapag-Lloyd more than coronavirus in Q1

While what Hapag-Lloyd called the “economic consequences” of the coronavirus pandemic won’t begin to be understood until at least the end of the second quarter, the German container line said it has the liquidity to remain financially healthy.

Hapag-Lloyd said what did sting in the first quarter of 2020 was higher costs.

For the first quarter of 2020, Hapag-Lloyd recorded earnings before interest and taxes (EBIT) of $176 million (€160 million), down $67 million year-over-year from the $243...

https://s29755.pcdn.co/news/higher-costs-hurt-hapag-lloyd-more-than-coronavirus-in-q1

Hapag-Lloyd cutting costs while riding out pandemic

Hapag-Lloyd CEO Rolf Habben Jansen said while the German container line is well positioned to weather the coronavirus pandemic, it is cutting costs this year by a “middle-three-digit million-dollar number.”

In addition to blanking sailings, “we’re also restructuring services to mitigate costs and taking a whole variety of other measures as well. One of the ones that’s been the most public is, for example, trying to avoid the Suez Canal in some cases,” Jansen said during a press briefing...

https://www.freightwaves.com/news/hapag-lloyd-cutting-costs-while-riding-out-pandemic

Hapag-Lloyd boss points to 2020 major issues

Rolf Habben Jansen, CEO of Hapag-Lloyd, spoke about climate and environmental issues that maritime industry will have to deal with in the latest Lookout of Hapag-Lloyd. In addition to that, Rolf Habben Jansen focused on new IMO sulphur regulations and noticed 2020 goals of the company.

Q: Rolf, 2020 will be an important year for the container shipping industry. For example, the new fuel regulations are now in effect. What will the so-called IMO2020 regulations mean for shipping

RHJ: You’re right....

https://container-news.com/hapag-lloyd-boss-points-to-2020-major-issues/

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