Hapag-Lloyd

Hapag-Lloyd drops its CO2 emissions by 50%

The German-based container company, Hapag-Lloyd recently announced that managed to cut its CO2 emissions per TEU/kilometre by 50% since 2008. According to the company, 95% of its vessels are in line with the IMO regulations, as they are all burning low sulphur fuel oil since the beginning of 2020.

Hapag-Lloyd informs of a 30-day delay at Lagos

German carrier Hapag-Lloyd revealed that they’re facing an ongoing delay at ports in and around Lagos in Nigeria, which led to the company adding two additional ships to their service. Specifically, the shipping line stated that the waiting times at APMT (Apapa) and TICT (Tincan) continue to exceed 30 and 20 days, respectively.

TUI agrees to sell 50% stake in Hapag-Lloyd Cruises to Royal Caribbean

TUI Group announced that it has signed an agreement to sell a 50% stake in cruise line Hapag-Lloyd Cruises to Royal Caribbean. The former TUI Group subsidiary will be integrated into the TUI Cruises joint venture, a structure having been established by TUI and Royal Caribbean since 2008. The closing of the transaction is expected for this summer. 

Coconut charcoal to have caused the fire on Yantian Express

The Federal Bureau of Maritime Casualty Investigation (BSU) published an investigation report concerning the fire in the area of the deck cargo on board the container ship YANTIAN EXPRESS on the Atlantic Ocean, identifying Coconut charcoal as the likely cause of last year’s fire.

Hapag-Lloyd to use biofuel for CO2 emissions reduction

German container shipping firm Hapag-Lloyd announced that one of its ships recently refueled in Rotterdam with a new, eco-friendly biofuel, as part of the company’s plan to reduce CO2 emissions generated by its operating ships. 

26 vessels delayed in Lagos ports due to congestion

The congestion at the Lagos ports is creating a major setback for shippers, with more than 26 vessels being trapped in the Lagos Pilotage district, waiting to berth and discharge consignments. According to local media, it can at as much as 20 days for ships to berth at Apapa Ports because of the congestion in the terminals.

Hapag-Lloyd, Maersk, MSC sign space charter agreement

Hapag-Lloyd recently announced its collaboration with the 2M Alliance members, Maersk and Mediterranean Shipping Company (MSC). Specifically, companies signed a space charter agreement which will further allow Hapag-Lloyd’s entrance into selected services of 2M on the Asia-North Europe trade.

Hapag-Lloyd’s profit outlook overshadowed by IMO 2020

According to Reuters, the tighten rules on ship’s sulphur emissions set by IMO from 1st January 2020, burden the profit outlook for Germany’s container shipping line “Hapag-Lloyd” for this year, after its successful year of 2019.

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