The container shipping industry faces a few years of headwinds as low freight rates, a weak European economy and widening geopolitical turmoil cloud the outlook, according to Hapag-Lloyd AG CEO Rolf ...

As its 2M alliance with Mediterranean Shipping Company (MSC) is set to dissolve in January 2025, Maersk announced Wednesday it would enter a new vessel-sharing agreement with fellow container shipping ...

Ocean container carrier Hapag-Lloyd announced two surcharges ahead of a potential strike by unionized longshore workers at U.S. East and Gulf Coast ports in January. The Work Disruption Surcharge (WDS ...

HAMBURG, Germany — The sharp drop in freight prices following the pandemic has caused a slump in sales and profits at German container shipping company Hapag-Lloyd. At the end of the year, the ...

Hapag-Lloyd has equipped over 1.5 million containers with advanced tracking devices, integrating HERE Tracking into their real-time tracking solution to enhance inland Estimated Time of Arrival (ETA) ...

Hapag-Lloyd (XTRA:HLAG) has been quietly recalibrating after a volatile stretch for container shipping, and the stock’s recent moves are making investors reassess how much long term value remains in ...

MSC, the world's largest shipping carrier, said it is no longer traveling through the Suez Canal after its container ship, the MSC PALATIUM III, was attacked Friday while transiting the Red Sea under ...

Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...

Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container shipments across the world's oceans has risen significantly in recent weeks but the upswing may be ...

Stream Connecticut News for free, 24/7, wherever you are. MSC, the world's largest shipping carrier, said it is no longer traveling through the Suez Canal after its container ship, the MSC PALATIUM ...