Sign In
Buy HPGLY
$63.60
-0.230 (-0.360%)
At Close: Jun 03, 2026
Red Sea Diversions Will Continue, Says Hapag-Lloyd CEO
09:57am, Thursday, 14'th Mar 2024
Red Sea shipping diversions may last a few more months due to Houthi pirate attacks says Hapag-Lloyd CEO Rolf Habben Jansen. He says carriers are still changing routes, and higher costs are being pass
Hapag-Lloyd Expects Sharp Earnings Drop
04:29am, Thursday, 14'th Mar 2024
Hapag-Lloyd said it expected earnings to fall sharply this year as the current situation in the Red Sea complicates an already challenging economic and political environment.
Red Sea container traffic is down almost 30% amid Houthi attacks, says IMF, as experts weigh wider impact
01:44pm, Wednesday, 31'st Jan 2024
Houthi attacks on cargo ships have cut Red Sea container traffic by almost 30% since late last year, according to the International Monetary Fund.
Red Sea crisis unlikely to end soon, Hapag-Lloyd CEO says
04:07am, Wednesday, 31'st Jan 2024
Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forcing shipping companies to avoid the route through the Suez Canal, the head of Germany's Hapag-Lloyd t
The Supply Chain Shuffle: 3 Stocks to Sell as the Global Supply Chain Struggles
02:30pm, Saturday, 27'th Jan 2024
Indeed, 2024 has effectively ushered in a topsy-turvy period for global supply chains. Major Panama and Suez Canal disruptions and escalating geopolitical tensions reshape decades-old trade routes.
Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption
06:07am, Monday, 22'nd Jan 2024
German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said on Monday, after announc
Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
11:35am, Wednesday, 17'th Jan 2024
Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in February 2
Big gains on the horizon for shipping stocks in Red Sea conflict?
07:47am, Wednesday, 10'th Jan 2024
Just as investors thought inflation was easing, conflict in the Middle East and drought in Latin America may combine to push shipping rates higher for companies like ZIM Integrated Shipping Services L
Maersk, Hapag-Lloyd Deny Negotiating With Houthis for Safe Passage Through Red Sea
02:56pm, Monday, 08'th Jan 2024
A.P. Moller - Maersk A/S and Hapag-Lloyd AG denied any pact with Yemen's Houthi rebels to facilitate the safe movement of vessels through the Red Sea, after shares in shipping companies sunk on a rep
Shipping firm Hapag-Lloyd says passage through the Red Sea and Suez Canal is still unsafe
06:15am, Friday, 05'th Jan 2024
Nils Haupt, senior director, corporate communications at Hapag-Lloyd, discusses the shipping firm's decision to divert vessels away from the Red Sea given ongoing geopolitical tensions.
Hapag-Lloyd to continue diverting ships from Red Sea
07:34am, Friday, 29'th Dec 2023
German container shipping company Hapag-Lloyd said it will continue to divert its ships from the Red Sea, even as some of its peers plan to gradually increase transits through the area.
Hapag-Lloyd to decide on Wednesday about its Red Sea routes
04:00am, Tuesday, 26'th Dec 2023
Germany's Hapag-Lloyd (HLAG.DE) will decide on Wednesday whether to resume journeys through the Red Sea, a spokesperson said on Tuesday as Maersk prepared to return to the area after a U.S.-led operat
Shipping ETFs extend rally as ocean carriers remain on edge amid Houthi militant attacks in Red Sea
03:54pm, Tuesday, 19'th Dec 2023
Exchange-traded funds that track U.S. shipping stocks continued to surge on Tuesday after the world's major container shippers rerouted their tankers to avoid sailing through the Red Sea following att
Red Sea Attacks: Hapag-Lloyd Reroutes Ships
03:06pm, Tuesday, 19'th Dec 2023
Rolf Habben Jansen, Hapag-Lloyd CEO, says he has stopped sending ships through the Red Sea after several came under attack. Jansen hopes the disruptions won't last long and he says bookings have gone
Here's how the Houthi attacks in the Red Sea threaten the global supply chain
02:42pm, Monday, 18'th Dec 2023
Several shipping lines have suspended services through the Red Sea as more than a dozen vessels have been attacked since the start of the Israel-Hamas war.
