Lack of Automation Rules a Major Challenge

Wasaline ferry

Wasaline's Managing Director speaks on the concept of the automated ship.

Reaction: Hapag Lloyd Not Slashing Its Fleet

German carrier Hapag Lloyd did not slash its fleet by 23 ships and it has no lay ups, the company’s ...

read more →

Merger with CSAV Keeps Hapag-Lloyd in the Black

German container line Hapag-Lloyd reported EUR 160.4 million (USD 172.4 million) net profit for the first nine ...

read more →

Hapag-Lloyd Speeding Up IPO Plans

German carrier Hapag-Lloyd is pushing ahead with its initial public offering (IPO) plans and has mandated ...

read more →

Diana Containerships Stretches Pucon Charter

Diana Containerships Stretches Pucon Charter

Nasdaq-listed Diana Containerships has through a separate wholly-owned subsidiary agreed to extend the present time ...

read more →

CSAV Merger, Strong Dollar Push Hapag-Lloyd to Black

CSAV Merger, Strong Dollar Push Hapag-Lloyd to Black

German container line Hapag-Lloyd ended the first three months of 2015 with a EUR 128.2 million (USD 144.2 million) ...

read more →

Hapag-Lloyd Sinks into Red

German shipping company Hapag-Lloyd posted a net loss for 2014 of EUR 603.7 million, a considerable dip from 97.4 ...

read more →

Last Roundtrip Voyage for CSAV Gulf Bridge Express

The Gulf Bridge Express Service by Chilean shipping company, Compañía Sudamericana de Vapores (CSAV)  will shortly ...

read more →

Chile Accuses Car Carriers of Price Fixing

Chile Accuses Car Carriers of Price Fixing

Chile’s National Prosecutor’s Office (FNE) is seeking USD 75 million in fines against six Chilean, ...

read more →

CSAV Raises USD 357 Mln

Chilean shipping company Compañía Sud Americana de Vapores (CSAV) has raised a total of USD 357 million from its ...

read more →

Hapag-Lloyd Wraps Up Capital Increase

Hapag-Lloyd Wraps Up Capital Increase

German liner shipping company Hapag-Lloyd completed the planned capital increase of EUR 370 million (USD 453.5m) as ...

read more →

Hapag-Lloyd and CSAV Cleared to Merge

Hapag-Lloyd and CSAV Cleared to Merge

Hapag-Lloyd and the Chilean Compañía Sud Americana de Vapores (CSAV) are joining forces, by merging CSAV´s ...

read more →

Mexico Nods to Hapag-CSAV Merger

Mexico Nods to Hapag-CSAV Merger

Mexican competition authority has given unconditional clearance under Mexican merger regulations for the planned ...

read more →

Hapag-Lloyd Expects 2015 to Be as Challenging

German transportation company Hapag-Lloyd ended the third quarter of 2014 with a positive operating result of EUR ...

read more →

DP World London Gateway Adds New Services

DP World London Adds New Services

DP World London Gateway has marked its first year in business with a series of new deep-sea container shipping ...

read more →

Hapag-Lloyd and CSAV Merger One Step Closer

Hapag-Lloyd and CSAV Merger One Step Closer

Brazil’s Administrative Council for Economic Defence (CADE) has given an unconditional clearance to the ...

read more →

CSAV Christens Largest Vessels in Fleet

CSAV Christens Largest Vessels in Fleet

Compañía Sudamericana de Vapores (CSAV) has christened the first two out of seven 9,300 TEU container ships ordered ...

read more →

Shippers to Cooperate on North to South America Link

Shippers to Cooperate on North to South America Link

CSAV Group, Hapag-Lloyd, Hamburg Süd, Aliança and NYK have reached an agreement to jointly operate in the trade ...

read more →

Freight Rates Pulling Hapag-Lloyd Down

Freight Rates Pulling Hapag-Lloyd Down

Hapag-Lloyd, Germany’s shipping powerhouse, has posted results for the first six months of 2014. The company ...

read more →

US Okays Hapag-Lloyd, CSAV Merger

US Okays Hapag-Lloyd, CSAV Merger

U.S. regulators have sanctioned the merger of German shipping company Hapag-Lloyd AG and Chilean peer Cia. Sud ...

read more →

Hapag-Lloyd and CSAV Join Forces

Hapag-Lloyd AG and Compañía Sud Americana de Vapores (CSAV) have signed a binding contract on merging CSAV’s entire ...

read more →

SHI on Track with CSAV’s Boxships

Samsung Heavy Industries (SHI) said today that the construction of CSAV’s seven 9,300 TEU container ships is ...

read more →