London Gateway Port will handle all of the UK’s direct services to Australia once a new, combined CMA CGM-Hapag Lloyd service begins calling at the DP World owned and operated terminal from January.
A dramatic 21-page dossier sent to Hapag-Lloyd shareholders ahead of the German line’s annual meeting on Friday reveals the true status of merger partner United Arab Shipping Company’s (UASC) finances while attempting to explain the benefits of...
Container line Hapag-Lloyd saw its first half results plunged into the red with a loss of EUR142.1m ($158.4m) as against the profit of EUR157.2m in the previous corresponding period.