Container lines are cancelling the implemented surcharges for reefer containers that had Chinese ports as destinations, taking into consideration that the congestion caused by COVID-19 eases.
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.
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.
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.
Hapag-Lloyd announced its plan to boost its position in the Indian Ocean by launching a new service to connect the region to Northern Europe. The South-East-India – Europe Express service line will launch in October 2019.
Hapag-Lloyd released a statement informing its customers that it launched a new Turkey North America East Coast Service (TNE) that will begin in April. The service will call 9-daily; Hapag-Lloyd will provide one out of five vessels.
Two of the biggest container shipping companies, Maersk and the Mediterranean Shipping Company, were cleared in an investigation of the sector by the US Department of Justice, on Tuesday February 26. If the investigation was to charge the companies, it could have imposed large fines at a time when the container sector faces many difficulties due to slowing global economic growth.
According to Hapag-Lloyd’s statement, the company sent ‘Nordviolet’ in Venice, to take over shipments on the line’s Adria Express, since ‘Sadt Dresden’ suffered main engine failure when docking. The latter, unloaded its boxes to Venice, for Nordviolet to transfer them.
German Hapag-Lloyd has reached an agreement with Geneva-based Mediterranean Shipping Company, the Japanese joint venture Ocean Network Express and South Korean Hyundai Merchant Marine, to restructure its Asia to West Coast of South America services, starting from 1 April 2018.
Greek-based shipping company Diana Containerships announced that, through a separate wholly-owned subsidiary, has agreed to extend the present time charter contract with German Hapag-Lloyd, for its Panamax container vessel ‘Sagitta’.
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