Hapag-Lloyd has seen its profits fall and a massive decline in its liquidity, but the carrier has been named as one of the possible bidders for the South Korean carrier HMM.

Weaker demand and lower freight rates ‘are having a very noticeable impact on our earnings’ the CEO of Hapag-Lloyd AG, Rolf Habben Jansen, has commented on release of H1 results.

Following the launch of Hapag-Lloyd’s Ship Green” in May, DB Schenker has selected the German line’s sustainable transport solution as part of its sustainability initiatives.

Hapag-Lloyd is launching a new service connecting ports in Peru and Chile.

Antitrust authorities have approved Hapag-Lloyd’s acquisition of a minority stake in the Spinelli Group, after signing took place in September 2022.

Chile-based SAAM has agreed to sell its port terminals and logistics operations to Hapag-Lloyd in a $1bn transaction.

Hapag-Lloyd is launching its fleet upgrade programme covering at least 86 ships with retrofits to improve their performance.

Hapag-Lloyd is launching a new Mediterranean, Caribbean, Central America, West Coast South America Express (MSW) in early May 2022.

From 1 April 2022, Hapag-Lloyd will offer the new China Germany Express (CGX) service as a two-port loop product.

Hapag-Lloyd has opened a new office in the West African country of Senegal located in the capital Dakar to strengthen its presence in Africa.