Chile’s Compañía Sudamericana de Vapores (CSAV) reduced losses by 46% in 2013 to $169m compared to $313.5m a year ago, the line said in a statement.  

The G6 Alliance members have released the proposed port rotations for the expansion of Asia-North America West Coast and Trans-Atlantic services.

Compania Sud Americana de Vapores (CSAV) announced it has signed a non-binding Memorandum of Understanding (MOU) with Hapag-Lloyd that sets out the basis to combine the container shipping business of both shipping companies. Under the terms of the...

Hapag-Lloyd and Compania Sud Americana de Vapores (CSAV) could be on the verge of signing a merger agreement in the next few weeks.

The G6 alliance is to pull eight Asia-Europe sailings over the winter in response to an anticipated fall in demand.

Hapag-Lloyd has raised EUR250m from a bond issue with institutional investors.

Hapag-Lloyd returned to profitability in the second quarter with a EUR20.9m ($27.8m) profit, up from a EUR7.3m loss in the same period last year.

Things are not looking very pretty for container shipping right now as overcapacity again takes its toll on the market. We have seen a slew of loss making announcements for the first quarter of the year including Hapag-Lloyd, Evergreen, Yang Ming...

Hapag-Lloyd cut almost EUR40m from its losses in the first three months of 2013 compared to its 2012 results, with a group net loss of EUR93.6m, down from EUR132.4m last year.

The $7bn logistical task of withdrawing US military equipment from Afghanistan will involve Maersk, APL and Hapag-Lloyd.