Offloading fire damaged cargo from the Hapag-Lloyd containership Yantian Express is expected to take another five weeks while a port is yet to be found to discharge undamaged boxes.

Hapag-Lloyd has inked the first ever conversion of a containership to use LNG as fuel for one of 17 LNG ready newbuildings that came into its fleet from the merger with UASC.

The Hapag-Lloyd containership Yantian Express is to sail to Freeport in the Bahamas three weeks after it was hit with a cargo fire.

Three tugs are now attending to the stricken Hapag-Lloyd containership Yantian Express which suffered a cargo fire on 3 January in the Atlantic.

Hapag-Lloyd says that the container fire on the vessel Yantian Express that started on 3 January has been brought under control.

The crew of the containership Yantian Express have been successfully evacuated as the fire in containers on its deck “significantly” increases in intensity.

Hapag-Lloyd says that size is no longer the name of the game in container shipping with consolidation becoming less attractive in the sector as it sets out its strategy to 2023.

Hapag-Lloyd's second largest shareholder Klaus-Michael Kühne has publicly rejected the idea of merger with CMA CGM saying if anything it would rather takeover the French line.

Following its takeover of UASC German container line Hapag-Lloyd is putting newbuilding orders on hold for the next few years.

Following it's merger with UASC Hapag-Lloyd’s debt has ballooned to $8.34bn and the line says it does not plan to newbuildings.

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