Hapag-Lloyd

EQS-News: Hapag-Lloyd Q1 2023: good resilience in weaker market environment

Retrieved on: 
Thursday, May 11, 2023

Hapag-Lloyd has concluded the first quarter of 2023 with an EBITDA of USD 2.4 billion (EUR 2.2 billion).

Key Points: 
  • Hapag-Lloyd has concluded the first quarter of 2023 with an EBITDA of USD 2.4 billion (EUR 2.2 billion).
  • Transport volumes were 4.9 percent lower than in the first quarter of last year, at 2,842 TTEU (Q1 2022: 2,987 TTEU), owing to local destocking and weaker overall global demand.
  • In addition, the lower average freight rate of 1,999 USD/TEU (Q1 2022: 2,774 USD/TEU) was particularly responsible for the decline in revenue, which decreased to USD 6 billion (EUR 5.6 billion).
  • The market environment has normalised, with corresponding declines in demand and freight rates.

project44 and Nexxiot Join Forces To Digitize Supply Chain Execution Through Sensor and Network Insights

Retrieved on: 
Thursday, May 4, 2023

CHICAGO and ZURICH, May 4, 2023 /PRNewswire/ -- project44, the leader in supply chain visibility, and Nexxiot, the leader in Asset Intelligence, today announced a partnership that unlocks new areas of value for joint customers to deliver real-time network insights and IoT-centric conditional and location monitoring.

Key Points: 
  • This partnership allows customers to integrate conditional and location data with the largest supply chain network in the world.
  • Additionally, project44 and Nexxiot customers now have capabilities to drive advanced risk management strategies on order and inventory health.
  • "At project44, we strive to provide the most comprehensive supply chain visibility for all of our customers, and combining forces with Nexxiot is a huge step towards that goal," said project44 Founder and CEO Jett McCandless.
  • Together, project44 and Nexxiot unlock new and innovative features and use cases that create immense value for BCOs globally and deliver unmatched value for the global supply chain marketplace.

project44 and Nexxiot Join Forces To Digitize Supply Chain Execution Through Sensor and Network Insights

Retrieved on: 
Thursday, May 4, 2023

CHICAGO and ZURICH, May 4, 2023 /PRNewswire/ -- project44, the leader in supply chain visibility, and Nexxiot, the leader in Asset Intelligence, today announced a partnership that unlocks new areas of value for joint customers to deliver real-time network insights and IoT-centric conditional and location monitoring.

Key Points: 
  • This partnership allows customers to integrate conditional and location data with the largest supply chain network in the world.
  • Additionally, project44 and Nexxiot customers now have capabilities to drive advanced risk management strategies on order and inventory health.
  • "At project44, we strive to provide the most comprehensive supply chain visibility for all of our customers, and combining forces with Nexxiot is a huge step towards that goal," said project44 Founder and CEO Jett McCandless.
  • Together, project44 and Nexxiot unlock new and innovative features and use cases that create immense value for BCOs globally and deliver unmatched value for the global supply chain marketplace.

EQS-News: Hapag-Lloyd Annual General Meeting approves all proposed resolutions

Retrieved on: 
Wednesday, May 3, 2023

Hapag-Lloyd AG shareholders approved today with the required majority all items on the agenda put to the vote at the Annual General Meeting.

Key Points: 
  • Hapag-Lloyd AG shareholders approved today with the required majority all items on the agenda put to the vote at the Annual General Meeting.
  • This included the appropriation of the net profit and thereby the payment of a dividend of EUR 63 per share.
  • As stated in the forecast for the current 2023 financial year published on 2 March, Hapag-Lloyd expects earnings to gradually normalise.
  • You can find all voting results of today’s Annual General Meeting, as well as additional documents and information, in the Investor Relations section of our website:

EQS-News: Share acquisition in J M Baxi Ports & Logistics Limited successfully concluded

Retrieved on: 
Wednesday, April 19, 2023

Hapag-Lloyd today successfully completed its acquisition of 40% shareholding in J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust authority.

Key Points: 
  • Hapag-Lloyd today successfully completed its acquisition of 40% shareholding in J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust authority.
  • In driving its Strategy 2023, Hapag-Lloyd has continuously expanded its involvement in the terminal sector, inter alia through an agreement to acquire the terminal business of Chile-based SM SAAM.
  • By acquiring a stake in JMBPL, Hapag-Lloyd is strengthening its presence in the attractive growth market of India while expanding its terminal and infrastructure business at the same time.
  • The contracting parties agreed to not disclose any financial details of the deal.

Cargo Shipping Market is expected to display a steady growth of 5% due to the rise in technology research & development | UnivDatos Market Insights

Retrieved on: 
Monday, March 20, 2023

Furthermore, this statistical market research repository examines and estimates the cargo shipping market at the global and regional levels.

Key Points: 
  • Furthermore, this statistical market research repository examines and estimates the cargo shipping market at the global and regional levels.
  • Global Cargo Shipping Market is expected to grow at a significant rate of around 5% during the forecast period.
  • The global cargo shipping market refers to the movement of goods and products from one place to another using cargo ships.
  • Cargo Shipping Market Geographical Segmentation Includes:
    As of 2021, the Asia-Pacific region has one of the largest share in the global cargo shipping market.

Cargo Shipping Market is expected to display a steady growth of 5% due to the rise in technology research & development | UnivDatos Market Insights

Retrieved on: 
Monday, March 20, 2023

Furthermore, this statistical market research repository examines and estimates the cargo shipping market at the global and regional levels.

Key Points: 
  • Furthermore, this statistical market research repository examines and estimates the cargo shipping market at the global and regional levels.
  • Global Cargo Shipping Market is expected to grow at a significant rate of around 5% during the forecast period.
  • The global cargo shipping market refers to the movement of goods and products from one place to another using cargo ships.
  • Cargo Shipping Market Geographical Segmentation Includes:
    As of 2021, the Asia-Pacific region has one of the largest share in the global cargo shipping market.

EQS-News: Hapag-Lloyd publishes 2022 annual report and announces forecast for the current financial year

Retrieved on: 
Thursday, March 2, 2023

Hapag-Lloyd today published its annual report for 2022, the year of its 175th anniversary.

Key Points: 
  • Hapag-Lloyd today published its annual report for 2022, the year of its 175th anniversary.
  • According to the report, Hapag-Lloyd’s EBITDA increased to USD 20.5 billion (EUR 19.4 billion).
  • EBIT grew to USD 18.5 billion (EUR 17.5 billion), and the Group profit improved to USD 18 billion (EUR 17 billion).
  • The detailed full-year 2022 figures, including explanatory notes relating to the performance measures EBITDA and EBIT referred to herein, can be found in the download section of the digital annual report: https://hlag-2022.corporate-report.net/en

Taulia Announces 2022 Results With New Client Wins Doubling Year-Over-Year

Retrieved on: 
Thursday, February 23, 2023

Taulia , a leading provider of working capital management solutions, celebrates a landmark year in 2022.

Key Points: 
  • Taulia , a leading provider of working capital management solutions, celebrates a landmark year in 2022.
  • Following Taulia’s acquisition by SAP, the world’s largest provider of enterprise application software, it has seen rapid increase in new customers and growth in its network to over 3 million suppliers.
  • In 2022, the business has more than doubled the number of new client wins compared to 2021, including signing international businesses such as Dole Asia, Hapag-Lloyd and World Wide Technology (WWT).
  • I couldn’t be more excited to see what we can achieve together with our customers and partners in 2023.”

Surecomp's RIVO reinforces digital trade finance workflows with WaveBL partnership

Retrieved on: 
Thursday, January 26, 2023

TORONTO, Jan. 26, 2023 /PRNewswire/ -- Surecomp today announced that it is partnering with WaveBL, a blockchain based digital platform, to further enhance digital trade finance workflows by enabling access to electronic bills of lading in its fintech hub RIVO™.

Key Points: 
  • TORONTO, Jan. 26, 2023 /PRNewswire/ -- Surecomp today announced that it is partnering with WaveBL, a blockchain based digital platform, to further enhance digital trade finance workflows by enabling access to electronic bills of lading in its fintech hub RIVO™.
  • By enabling swift, encrypted, and authenticated transfer of digital trade documents, RIVO can enhance efficiency and optimize customer service, to transform trade finance processes.
  • "Our digital fintech hub RIVO is designed to bring together best of breed solutions to help customers streamline their trade finance management and workflow.
  • It marks a key milestone in our mission to truly transform trade; including the streamlining of crucial trade finance flows."