Hamburg to the rescue?

Hamburg’s city parliament approved MSC’s entry as a major shareholder in HHLA, despite opposition, with final approval pending from the European Commission.

Gasum will bunker Hapag-Lloyd’s container vessels with a total amount of 20,000 mt of bio-LNG during 2025–2026.

Negotiations for a new collective agreement at Germany’s North Sea ports are stalled as employees and the union reject the employers’ offers.

Lars Jensen believes that if Hapag-Lloyd and Maersk successfully execute their plan, it will likely prompt other alliances to adjust their networks in the coming years.

The Ningbo Beilun Phase III Terminal resumed operations on August 12 after being closed over the weekend due to the explosion aboard the YM Mobility.

Hapag-Lloyd’s H1 2024 EBITDA was lower than in 2023 but exceeding initial expectations due to increased demand and spot rates.