Hapag-Lloyd puts its “home” port under pressure

The HHLA Container Terminal Altenwerder is facing congestion due to ship delays, crane replacement work, weather challenges, and export container volumes.

Hapag-Lloyd has teamed up with HERE Technologies to expand its Live Position container tracking, adding ETA predictions for its entire fleet by early next year.

Hapag-Lloyd has contracted Chinese shipyards to build 24 new container ships, with a total capacity of 312,000 TEU, for US$ 4b, to be delivered by 2029.

Hapag-Lloyd has raised its earnings outlook for 2024, driven by stronger-than-expected demand and improved freight rates despite rising operational costs.

Maersk and Hapag-Lloyd have opted to launch their Gemini Cooperation via the Cape of Good Hope in February 2025, bypassing the Suez Canal due to Red Sea security concerns.

Damietta Alliance Container Terminals welcomes arrival of first 10 electrified RTG cranes.