Rolf Habben Jansen

Will shippers pull forward freight to avoid East Coast port labor disputes?

“Weaker demand and lower freight rates are having a very noticeable impact on our earnings,” said Hapag-Lloyd CEO Rolf Habben Jansen.

“Terminal and infrastructure investments are a crucial element of our strategic agenda and India is one of our key growth markets,” Hapag-Lloyd CEO Rolf Habben Jansen said.

Ed Aldridge is retiring from CMA CGM America, and Uffe Ostergaard is leaving Hapag-Lloyd.

CEO Rolf Habben Jansen said the SM SAAM S.A. acquisition is part of Hapag-Lloyd’s strategy to build “a robust and attractive terminal portfolio.”

Senior executive says “strategic assets along the supply chain are a key part of Hapag-Lloyd’s Strategy 2023.”

“Africa remains an important strategic growth market. Particularly for our service offering from and to South Africa, DAL is a valuable addition, allowing us to offer our customers a better network and additional port coverage in this region,” said Hapag-Lloyd CEO Rolf Habben Jansen.

Congressional watchdogs are alleging predatory pricing by three major container ship operators and want answers by March 16.

“Everything we have sails. Every box we have we try to move,” says Hapag-Lloyd CEO Rolf Habben Jansen.

Yes, despite the headaches, the ocean carriers are making boatloads of money.

Hapag-Lloyd now will add 12 23,500-TEU container ships to its fleet beginning in 2023.

“The supply of container equipment is currently one of our industry’s biggest challenges,” says Hapag-Lloyd CEO Rolf Habben Jansen.

A “truly outstanding quarter” lifts net profit from $27 million in 2020 to $1.45 billion this year.

“The container shipping industry is currently seeing unprecedented demand, which has led to a shortage of containers all over the world,” says CEO Rolf Habben Jansen.

“2020 has been exceptional, with stellar performance in the industry,” says Hapag-Lloyd CFO Mark Frese.

“American customers will be able to choose to transport their goods using LNG, a new technology that helps to preserve air quality by eliminating almost all atmospheric pollutants,” said CMA CGM CEO Rodolphe Saadé.

AgTC’s Peter Friedmann said Hapag-Lloyd’s Rolf Habben Jansen failed to mention in a press conference that the container shipping lines are enjoying record profits “while pushing their customers into real financial trouble, some towards bankruptcy.”

“We have really a perfect storm of demand that’s surging like there’s no tomorrow, everybody needing to get the boxes back, COVID-related restrictions,” says Hapag-Lloyd CEO Rolf Habben Jansen.

Hapag-Lloyd credits higher freight rates and lower bunker prices as “the main drivers of these positive business developments.”

Hapag-Lloyd and ONE have ordered 12 ultra large container ships, all of which will be able to carry more than 23,500 TEUs.

Hapag-Lloyd and ONE chief executives will lead the “unified voice of liner shipping.”

German container carrier now expects 2020 EBITDA of between $2.8 billion and $3.04 billion.

“If you go back a couple of months, nobody would have expected that demand would be as strong today as it is right now,” says CEO Rolf Habben Jansen.

The coronavirus pandemic remains a “major source of uncertainty for the entire logistics industry.”

Delivering on promise will mean fewer headaches and delays, container shipping line says.

German carrier is cutting costs and counting cash as the economic impact from the pandemic is expected to hit Q2 results.

German container carrier also boosting lines of credit to tap if needed and holding off on buying new ships.

The German shipping line says it has cut CO2 emissions per transported TEU by about 50% since 2008

Hapag-Lloyd says it outlook for the second half of 2019 is unchanged even if it has to deal with more trade restrictions.