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Hapag-Lloyd has launched ‘Live Position’, its first dry container tracking tool. It follows the fitting of tracking devices to over two thirds of the fleet, with the remaining units expected to follow suit in summer. Users can search by container, booking number or in batches and the tool provides a quick overview of the shipment’s current location, allowing them to make any necessary adjustments in real time.
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Hapag-Lloyd recorded a significant decrease in earnings in the 2023 financial year in its preliminary and unaudited figures. Group EBITDA earnings stood at US$ 4.8 billion (€4.5 billion), and the Group EBIT experienced a year-on-year decrease, to $2.7 billion (€ 2.5 billion). This can largely be attributed to lower freight ...
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German shipping line Hapag-Lloyd has opened a Technology Center (HLTC) in the east Indian port city of Chennai. A team of 180 IT professionals will develop innovative software solutions for the maritime industry at the site at the World Trade Center Chennai. HLTC will be a joint venture with the ...
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Hapag-Lloyd has signed a multi-year agreement with Shell Western to supply liquefied natural gas (LNG) to the line ultra large 23,500teu dual-fuel container vessels. Bunkering for the 12 new vessels is expected to commence during the second half of 2023 in the Port of Rotterdam. They will be deployed on ...
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Hapag-Lloyd says it expects very strong earnings growth in the first quarter of 2021 due to “exceptionally strong demand for container transport” and freight rates remaining a high level at the beginning of the year. Earning for 2021 are expected to be significantly higher than prior-year levels, said the German-based ...
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