Hapag-Lloyd Re-elects Behrendt as Chairman
German-based cargo container shipping line Hapag-Lloyd AG's shareholders approved the proposal of the Supervisory Board to re-elect Michael Behrendt to the Supervisory Board as a shareholder representative.After being re-elected to the Supervisory Board and following the AGM, Behrendt was also confirmed by his fellow Supervisory Board members as its Chairman. Michael Behrendt has been a member of the Supervisory Board of Hapag-Lloyd AG since 2014.“The clearness of the election results is an incentive for me.
Hapag-Lloyd Names Rothkopf COO
Hapag-Lloyd has announced that Maximilian Rothkopf is to be its new chief operating officer (COO). He will take over as new COO of Hapag-Lloyd when Anthony J. Firmin retires in late June.Maximilian Rothkopf, who holds a master's degree as well as a doctorate in business administration, has been a Partner since 2014 at McKinsey & Company, where he has been a member of the global Travel, Transport and Logistics (TTL) leadership team. He started his career in 2005 at the management consulting firm…
Hapag-LLoyd Extends Contract of CEO Rolf Habben Jansen
The supervisory board of Hapag-Lloyd AG has unanimously approved to extend the contract of Chief Executive Officer Rolf Habben Jansen for a further five years until 31 March 2024. “With Rolf Habben Jansen at the head, Hapag-Lloyd has further improved its position as a leading global liner shipping company in a challenging market environment and as an active driver of industry consolidation. The extension of his contract ensures continuity in the corporate management,” said Michael Behrendt, chairman of the supervisory board of Hapag-Lloyd AG.
Thorsten Haeser Steps Down as CCO of Hapag-Lloyd
Thorsten Haeser has quit as chief commercial officer of Hapag-Lloyd, which has reorganised its executive Board. CCO Thorsten Haeser is leaving the Company as at 31 March 2018 on the most amicable of terms. With great professionalism and personal dedication, he managed and realigned the Executive Board’s sales responsibilities. Following the merger with container liner shipping company United Arab Shipping Company (UASC), Haeser played a key part in the smooth integration of UASC’s business into Hapag-Lloyd AG. Haeser was also instrumental in advancing the digitalisation of the Company.
Hapag-Lloyd's Newest Ship Named Guayaquil Express
Hapag-Lloyd held a naming ceremony in Hamburg for the Guayaquil Express, the fourth of five newbuildings in its 10,500 TEU class. The patron is Christine Kühne, wife of Klaus-Michael Kühne, majority shareholder and Honorary Chairman of Kühne + Nagel International AG. Among those attending the christening at the Container Terminal Altenwerder in the Port of Hamburg were Olaf Scholz, the Mayor of Hamburg, and Angela Titzrath, the CEO of Hamburg Hafen und Logistik AG. “This naming ceremony is a symbol of the close connection to our home port…
Anthony and Nicolás Remain on Hapag-Lloyd Board
Hapag-Lloyd AG has announced the continuity in the executive management - Anthony J. Firmin remains COO and Nicolás Burr remains CFO. The Supervisory Board of Hapag-Lloyd AG extended the Executive Board contracts of Anthony J. Firmin (COO) and Nicolás Burr (CFO) by two years until 30 June 2019 and 29 February 2020 respectively. “In this important phase involving the upcoming closing and subsequent integration of UASC, we are counting on continuity in the executive management.
Hapag-Lloyd, UASC Signs Merger Agreement
Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals. Besides the Business Combination Agreement (BCA) between the two companies, the controlling shareholders, namely CSAV Germany Container Holding GmbH, HGV Hamburger Gesellschaft für Vermögens- und Beteiligungsmanagement mbH and Kühne Maritime GmbH on the side of Hapag-Lloyd…
Hapag-Lloyd CFO Ganz Steps Down
Peter Ganz will step down from his position as company CFO effective April 1, 2015, also leaving the company on the same day, as announced during today’s meeting of Hapag-Lloyd’s Supervisory Board. The Supervisory Board has given its approval. The change on the Executive Board comes following an agreement between shareholders stipulating that CSAV, as the new largest shareholder in Hapag-Lloyd, has the right to nominate an individual of its choice to assume the position of CFO.
Habben Jansen Takes over as Hapag-Lloyd CEO
Hapag-Lloyd announced changes in its Executive Board resulting from departure of Michael Behrendt and Ulrich Kranich; Anthony J. Rolf Habben Jansen, who has been a member of the Hapag-Lloyd AG's Executive Board since April 1, has assumed the position of CEO effective July 1. He succeeds Michael Behrendt, who left the Hapag-Lloyd AG's Executive Board as scheduled on June 30, as did COO Ulrich Kranich. The new COO is Anthony J. Firmin who joined the Executive Board today after 19 years at the company. Peter Ganz continues as CFO, a position he has held since April 2009.
DNV GL Celebrates Twin Milestones
Some 650 dignitaries, customers and industry stakeholders joined DNV GL, ship classification society and risk and sustainability service provider, for a night in Hamburg. Held at the Fischauktionshalle Halle, the event celebrated the 150th anniversary of the foundation of Det Norske Veritas and the first year of operation of the newly formed DNV GL Group. The evening looked to both the past and the future of the company, celebrating both DNV GL’s long history and its continued drive to make a positive impact on the world through innovation. DNV GL Group CEO Henrik O.
Weber to Leave Hapag-Lloyd Board
Dr. Jürgen Weber to hand over the chair of the Supervisory Board to Michael Behrendt in autumn. Three important tasks fulfilled / Handover to complete merger with CSAV / Michael Behrendt to support the integration Jürgen Weber has decided to step down early as Chairman of the Supervisory Board of Hapag-Lloyd in autumn this year and hand over to Michael Behrendt. Behrendt will step down as Chief Executive Officer of Hapag-Lloyd at the end of June. Jürgen Weber joined the Supervisory Board in June 2012 and was elected Chairman.
Hans Jakob Kruse has Died
Hapag-Lloyd mourns the loss of former Executive Board chairman Hans Jakob Kruse, who led the company from 1973 until 1993. On February 4, Hans Jakob Kruse died in Hamburg at the age of 84. He was the chairman of the Hapag-Lloyd Executive Board for two decades from 1973 until 1993. “Hapag-Lloyd is mourning the loss of a visionary and beloved chairman, whose substantial contribution shaped our company as well as the global shipping industry,” said Michael Behrendt, Chairman of the Executive Board of Hapag-Lloyd.
Hapag-Lloyd Ensures Continuity within Executive Management
At its meeting today, the Supervisory Board of Hapag-Lloyd AG has set the course at an early stage for maintaining continuity in the Executive Board of Germany’s largest liner shipping company. Rolf Habben-Jansen will succeed Chief Executive Officer Michael Behrendt, who is set to leave in the middle of next year. Habben-Jansen has been appointed to the Executive Board of the company with effect from April 1, 2014 and will assume the position of Chairman of the Executive Board on July 1, 2014. Habben-Jansen is a successful and experienced manager in the logistics sector.
Hapag-Lloyd Cuts Losses in Q1 2013
The company reports its earlier loss significantly reduced in first quarter 2013 financial results. The company reports that Although its operating environment has remained challenging, Hapag-Lloyd finished the first quarter of this year in a much better position than last year. As expected, the Company posted a loss in what is traditionally the weakest quarter of the year for the liner shipping sector. However, it halved its loss before interest and taxes compared with Q1 2012.
Hapag-LLoyd Board Member Leaving
Jesper Praestensgaard, responsible for Global Markets & Global Accounts is to leave the company in June 2013. Hapag-Lloyd announce that the executive board member will be leaving the Company at his own request in June in order to take on new challenges. “Hapag-Lloyd would like to thank Jesper Praestensgaard for his dedication during this time and would like to wish him all the best for the future, both privately and professionally,” says Dr Jürgen Weber, Chairman of the Supervisory Board of Hapag-Lloyd AG.
Hapag-Lloyd Gets Four of the 'Best'
Staff from four leading international forwarders have voted Hapag-Lloyd the best shipping line for 2012. Kühne + Nagel (“Best Carrier Award”) and DB Schenker (“Ocean Carrier of the Year”), now Hellmann Worldwide Logistics (“Global Carrier Award”) and Panalpina (“Global Ocean Freight Carrier Survey”) have awarded Hapag-Lloyd highest grades for quality and customer service. “These awards make us especially proud as they come from our customers’ staff, the people who work daily with Hapag-Lloyd worldwide: Those who can really judge and value the high quality of our services…
Hapag-Lloyd Orders Four 13,200-TEU Ships
Following a record result in the first nine months of 2010 and its successful refinancing on the capital market, Hapag-Lloyd is again investing in future growth. Hapag-Lloyd ordered four large vessels with a capacity for 13,200 standard containers (TEU) each from the Korean shipbuilding company Hyundai Heavy Industries today. It was also agreed that the six new vessels ordered in the beginning of 2008 should be upgraded to the same capacity. These ten large vessels are scheduled for delivery between mid-2012 and the end of 2013 and comply with all current environmental requirements.
Hapag-Lloyd Celebrates East Asia to Australia Milestone
In 1886, the up-and-coming German economy needed regular liner services connecting it with the new growth markets, in addition to efficient postal services around the world. To this end, the German Reich provided subsidies for the first Reichspost steamship liner services to East Asia and Australia totalling five million German mark annually with the aim of quite literally flying the flag in regions important for future growth. The contractually required standards that the shipping companies had to satisfy were thus correspondingly high: first-rate vessels…
Hapag-Lloyd Launches Emissions Calculator
The EcoCalc is one of the few emissions calculators in liner shipping to cover not only the ocean leg, but also the emissions of the other modes of transport for the pre-carriage and on-carriage. With the launch of the new EcoCalc, Hapag-Lloyd reports that it has become the first shipping company in the world to introduce an emissions calculator that not only shows CO2 emissions, but also those of sulphur dioxide (SO2), nitrogen oxide (NOx) and particulate matter (PM10) for a given container transport.
Hapag-Lloyd Generates Positive Result
Hapag-Lloyd generated an operating result (adjusted EBIT) of EUR 36.7 million in the third quarter 2011. This took the operating result for the first nine months of the current financial year to EUR 78.8 million. EBITDA came to approx. EUR 275 million in the first nine month of 2011. Group earnings after interest and taxes (EAT) were also positive in the third quarter at EUR 9.6 million. This made the third quarter the best in the current financial year to date. The positive result…
Hapag-Lloyd: Share Purchase Welcomed
“Hapag-Lloyd, the management and all the employees are delighted with the solution and are pleased that this agreement was reached so fast”, Michael Behrendt, Chief Executive Officer of Hapag-Lloyd AG, said following the announcement that an agreement had been reached between TUI AG and the “Albert Ballin” consortium regarding the purchase of Hapag-Lloyd shares. Hapag-Lloyd is the port of Hamburg’s most important customer. Together with its partner shipping companies, who also operate services to Hamburg through Hapag-Lloyd…
Hapag-Lloyd Report Business Turn-around in Q2 2012
Hapag-Lloyd substantially increases rate, revenue & result in a successful Q2 2012 turn-around. EUR 125 million compared to Q1. effective in the second quarter. In the second quarter, Hapag-Lloyd had to cope with a massive rise of EUR 330 million in transport expenses (+26%) as against the same period of last year. This stemmed particularly from soaring energy prices. At USD 694/tonne, the average bunker consumption price in Q2 was well above the going rate from a year earlier, which was already high (USD 609/tonne).
Hapag-Lloyd Increase Q3 2012 Profits
Container ship owners Hapag-Lloyd report increased revenue and profits in the third quarter 2012. Hapag-Lloyd was able to increase freight rates, revenue and results in the third quarter, although the market environment remains challenging. The average freight rate rose year on year by 8% to USD 1,647/TEU. The rate increases initiated by Hapag-Lloyd in the first quarter and implemented in the second quarter had a tangible effect here. Transport volume in the third quarter amounted to 1.28 million TEU and revenue of EUR 1.765 billion was 15% higher than in the same period last year.