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DJI Phantom 3 - Chasing the Hapag-Lloyd Basle Express (4K)
DJI Phantom 3 - Chasing the Hapag-Lloyd Basle Express (4K)
Published: 2016/05/16
Channel: The Bee
Hapag-Lloyd Corporate Film (English) | Hapag-Lloyd
Hapag-Lloyd Corporate Film (English) | Hapag-Lloyd
Published: 2015/09/23
Channel: Hapag-Lloyd AG
Hapag-Lloyd Airbus A310-200 Travelogue - 1988
Hapag-Lloyd Airbus A310-200 Travelogue - 1988
Published: 2017/02/20
Channel: Classic Airliners & Vintage Pop Culture
(HD) Made in Norddeutschland - Hapag-Lloyd: Aus Hamburg in die Welt (DOKU)
(HD) Made in Norddeutschland - Hapag-Lloyd: Aus Hamburg in die Welt (DOKU)
Published: 2016/12/02
Channel: Michael Gauthier
MORE Hapag-Lloyd, More Yours | Hapag-Lloyd
MORE Hapag-Lloyd, More Yours | Hapag-Lloyd
Published: 2017/07/11
Channel: Hapag-Lloyd AG
Hapag-Lloyd CEO Rolf Habben Jansen comments on H1 results 2017 | Hapag-Lloyd
Hapag-Lloyd CEO Rolf Habben Jansen comments on H1 results 2017 | Hapag-Lloyd
Published: 2017/08/29
Channel: Hapag-Lloyd AG
[Timelapse] Hapag-Lloyd and UASC: better.united on the World Ocean | Hapag-Lloyd
[Timelapse] Hapag-Lloyd and UASC: better.united on the World Ocean | Hapag-Lloyd
Published: 2017/06/08
Channel: Hapag-Lloyd AG
One of our vessels get a new paint job | Hapag-Lloyd
One of our vessels get a new paint job | Hapag-Lloyd
Published: 2016/11/25
Channel: Hapag-Lloyd AG
Atlantic Trade | Hapag-Lloyd
Atlantic Trade | Hapag-Lloyd
Published: 2017/10/05
Channel: Hapag-Lloyd AG
Hapag-Lloyd "Kobe Express"
Hapag-Lloyd "Kobe Express"
Published: 2011/05/01
Channel: yeng v
The moment of impact between two colliding vessels in the Suez Canal this week "FULL VIDEO"
The moment of impact between two colliding vessels in the Suez Canal this week "FULL VIDEO"
Published: 2014/09/30
Channel: SubhumanGnome
Im Privatjet ALBERT BALLIN nach Afrika
Im Privatjet ALBERT BALLIN nach Afrika
Published: 2015/08/27
Channel: Hapag-Lloyd Cruises
Hapag-Lloyd Containers on UP Train
Hapag-Lloyd Containers on UP Train
Published: 2012/01/27
Channel: centexrails
EUROPA 2 Tour & Review ~ Hapag-Lloyd Cruises ~ Cruise Ship Tour & Review
EUROPA 2 Tour & Review ~ Hapag-Lloyd Cruises ~ Cruise Ship Tour & Review
Published: 2015/10/28
Channel: Popular Cruising
Hapag-Lloyd and UASC Sign Business Combination Agreement
Hapag-Lloyd and UASC Sign Business Combination Agreement
Published: 2016/10/17
Channel: EMPIRE MEDIA
Hapag-Lloyd Corporate Film (German) | Hapag-Lloyd
Hapag-Lloyd Corporate Film (German) | Hapag-Lloyd
Published: 2015/09/23
Channel: Hapag-Lloyd AG
Hapag Lloyd Airbus A300 - Super 8 footage
Hapag Lloyd Airbus A300 - Super 8 footage
Published: 2017/03/09
Channel: ForgottenFilm
HAPAG - LLOYD Hong Kong Express w DCT Gdańsk (11.08.2015)
HAPAG - LLOYD Hong Kong Express w DCT Gdańsk (11.08.2015)
Published: 2015/08/17
Channel: Tosem Gdynia
Erstes Mal im Nord-Ostsee-Kanal - Vlog #4 - Europa 2 (Hapag-Lloyd Cruises, 2017)
Erstes Mal im Nord-Ostsee-Kanal - Vlog #4 - Europa 2 (Hapag-Lloyd Cruises, 2017)
Published: 2017/11/19
Channel: Schiffstester Matthias Morr
Hapag Lloyd Boeing 727 - Super 8 footage
Hapag Lloyd Boeing 727 - Super 8 footage
Published: 2017/03/26
Channel: ForgottenFilm
Hapag-Lloyd CEO Rolf Habben Jansen commenting the Q1 figures of 2017 | Hapag-Lloyd
Hapag-Lloyd CEO Rolf Habben Jansen commenting the Q1 figures of 2017 | Hapag-Lloyd
Published: 2017/05/12
Channel: Hapag-Lloyd AG
Expedition Antarktis - Hapag-Lloyd Cruises
Expedition Antarktis - Hapag-Lloyd Cruises
Published: 2016/05/25
Channel: Hapag-Lloyd Cruises
MORE Hapag-Lloyd in Turkey | Hapag-Lloyd
MORE Hapag-Lloyd in Turkey | Hapag-Lloyd
Published: 2017/09/04
Channel: Hapag-Lloyd AG
Hapag Lloyd bautiza nave con nombre de Valparaíso
Hapag Lloyd bautiza nave con nombre de Valparaíso
Published: 2016/12/09
Channel: empresaoceano
Neue Schiffe für Hapag-Lloyd Cruises, MSC for me und andere ITB-News (Vlog)
Neue Schiffe für Hapag-Lloyd Cruises, MSC for me und andere ITB-News (Vlog)
Published: 2017/03/13
Channel: Schiffstester Matthias Morr
[Timelapse] From Hamburg to Singapore | Hapag-Lloyd
[Timelapse] From Hamburg to Singapore | Hapag-Lloyd
Published: 2017/04/20
Channel: Hapag-Lloyd AG
Family day dance at Hapag Lloyd
Family day dance at Hapag Lloyd
Published: 2013/06/16
Channel: Karthikeyan N
Europa 2: Mein Fazit (Hapag-Lloyd Kreuzfahrten)
Europa 2: Mein Fazit (Hapag-Lloyd Kreuzfahrten)
Published: 2015/07/30
Channel: Schiffstester Matthias Morr
Hapag-Lloyd CCO Thorsten Haeser video message to customers on the completed merger | Hapag-Lloyd
Hapag-Lloyd CCO Thorsten Haeser video message to customers on the completed merger | Hapag-Lloyd
Published: 2017/05/24
Channel: Hapag-Lloyd AG
Michael Behrendt, Hapag-Lloyd - Forum Manager am 16.02.2014
Michael Behrendt, Hapag-Lloyd - Forum Manager am 16.02.2014
Published: 2014/02/17
Channel: phoenix
Area India | Hapag-Lloyd
Area India | Hapag-Lloyd
Published: 2017/10/26
Channel: Hapag-Lloyd AG
Bestes Essen auf einem Kreuzfahrtschiff!? - Vlog #1 - Europa 2 (Hapag-Lloyd Cruises, 2017)
Bestes Essen auf einem Kreuzfahrtschiff!? - Vlog #1 - Europa 2 (Hapag-Lloyd Cruises, 2017)
Published: 2017/10/29
Channel: Schiffstester Matthias Morr
A strong and reliable partner for the coffee industry | Hapag-Lloyd
A strong and reliable partner for the coffee industry | Hapag-Lloyd
Published: 2016/12/12
Channel: Hapag-Lloyd AG
Interview with CEO Rolf Habben Jansen | Hapag-Lloyd
Interview with CEO Rolf Habben Jansen | Hapag-Lloyd
Published: 2017/03/27
Channel: Hapag-Lloyd AG
Work & Life on Board: Photobook “Seafarers” now available | Hapag-Lloyd
Work & Life on Board: Photobook “Seafarers” now available | Hapag-Lloyd
Published: 2017/09/20
Channel: Hapag-Lloyd AG
Hapag Lloyd Boeing 737-200 - Super 8 footage
Hapag Lloyd Boeing 737-200 - Super 8 footage
Published: 2016/11/25
Channel: ForgottenFilm
Naming Ceremony for Guayaquil Express in Hamburg | Hapag-Lloyd
Naming Ceremony for Guayaquil Express in Hamburg | Hapag-Lloyd
Published: 2017/06/20
Channel: Hapag-Lloyd AG
Hapag-Lloyd’s €93m net loss highlights need for UASC merger; synergies to save millions
Hapag-Lloyd’s €93m net loss highlights need for UASC merger; synergies to save millions
Published: 2017/03/31
Channel: Riviera Maritime Media Ltd
Kiel Express - Hapag Lloyd Ship Blue Water Nature
Kiel Express - Hapag Lloyd Ship Blue Water Nature's Lullaby
Published: 2011/12/21
Channel: Natures Lullaby
Mitmach-Video von Hapag Lloyd
Mitmach-Video von Hapag Lloyd
Published: 2017/02/14
Channel: Zusammen weiter
Think Big! Your special cargo is our passion | Hapag-Lloyd
Think Big! Your special cargo is our passion | Hapag-Lloyd
Published: 2016/03/02
Channel: Hapag-Lloyd AG
Antarctic expedition (long version) - Hapag-Lloyd Cruises
Antarctic expedition (long version) - Hapag-Lloyd Cruises
Published: 2016/11/07
Channel: Hapag-Lloyd Cruises
Hapag-Lloyd Cruises - Momente werden Geschichten.
Hapag-Lloyd Cruises - Momente werden Geschichten.
Published: 2016/04/14
Channel: Hapag-Lloyd Cruises
Im Oldtimer durch Göteborg - Vlog #3 - Europa 2 (Hapag-Lloyd Cruises, 2017)
Im Oldtimer durch Göteborg - Vlog #3 - Europa 2 (Hapag-Lloyd Cruises, 2017)
Published: 2017/11/12
Channel: Schiffstester Matthias Morr
Palang Pintu HUT Samudera Indonesia ke-53 di Divisi Hapag-Lloyd
Palang Pintu HUT Samudera Indonesia ke-53 di Divisi Hapag-Lloyd
Published: 2017/11/17
Channel: Hairulloh
▶ ROCKET CLIMB & early TURN - TUIfly (Hapag-Lloyd) 737 out of Innsbruck
▶ ROCKET CLIMB & early TURN - TUIfly (Hapag-Lloyd) 737 out of Innsbruck
Published: 2017/05/31
Channel: LOWI/INNProduction
Neelevat, Hapag-Lloyd, Hamburg Sud and more Containers! Container Train!!
Neelevat, Hapag-Lloyd, Hamburg Sud and more Containers! Container Train!!
Published: 2017/05/18
Channel: dutchtrainmanserie22
Making integration happen | Hapag-Lloyd
Making integration happen | Hapag-Lloyd
Published: 2016/11/30
Channel: Hapag-Lloyd AG
Expedition Kamtschatka mit Hapag-Lloyd Cruises
Expedition Kamtschatka mit Hapag-Lloyd Cruises
Published: 2016/10/19
Channel: Hapag-Lloyd Cruises
Hapag Lloyd Houston Express Container Ship Sailing Seattle
Hapag Lloyd Houston Express Container Ship Sailing Seattle
Published: 2012/01/30
Channel: Peter Kim
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WIKIPEDIA ARTICLE

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Hapag-Lloyd
Aktiengesellschaft
ISIN DE000HLAG475
Industry Marine transportation
Container shipping
Cruise liner/Nautical tourism
Founded 1970
Headquarters Hamburg, Germany
Area served
Worldwide
Key people
Rolf Habben Jansen (CEO), Nicolás Burr (CFO), Anthony James Firmin (COO)
Owner 22.6% CSAV (Chile)
17.6% Kuehne Maritime (Germany)
14.9% City of Hamburg (Germany)
14.4% Qatar Investment Authority (Qatar)
10.1% Public Investment Fund (Saudi Arabia)
20.4% Free float
Number of employees
9,300+
Website http://www.hapag-lloyd.com
Hapag-Lloyd 40' container stacked on intermodal train

Hapag-Lloyd is a multinational German-based transportation company. It is composed of a cargo container shipping line, Hapag-Lloyd AG, which in turn owns other subsidiaries such as Hapag-Lloyd Cruises. The container transport arm of Hapag-Lloyd AG is currently the world's fifth largest container carrier in terms of vessel capacity.

The company was formed in 1970 by the merger of two German transportation/maritime companies, Hamburg America Line (HAPAG), which dated from 1847, and Norddeutscher Lloyd (NDL) or North German Lloyd (NGL), which was formed in 1856.

Since its formation, Hapag-Lloyd has been sold to many organizations and has also undergone numerous mergers with other companies. For instance, Hapag-Lloyd was completely acquired by, and became a subsidiary of TUI AG (Hanover) in 1998. This major event was followed by TUI selling majority stake of Hapag-Lloyd to various private investors in Hamburg in 2009 and again in 2012. Other important events in the company's history include Hapag-Lloyd's acquisitions of CP Ships in 2005 and CSAV in 2014 as well as Hapag-Lloyd's merger with United Arab Shipping Company in 2017.

Currently, the company is owned by several public and private investors, with majority stake controlled by CSAV.

History[edit]

Hapag-Lloyd was formed in 1970 through a merger of Hamburg America Line (HAPAG) and North German Lloyd.

HAPAG[edit]

Headquarters of Hapag-Lloyd in Hamburg

The Hamburg-Amerikanische Paketfahrt-Aktien-Gesellschaft for shipping across the Atlantic Ocean was founded in Hamburg. In 1912, Hapag built the first of their "Big Three" ocean liners; the Imperator, followed by her sister Vaterland. The third sister, Bismarck, was under construction at the outbreak of World War I and was completed after the war for White Star Line as the Majestic. These were the first liners to exceed 50,000 gross tons and 900 feet in length.


During World War I, the majority of Hapag's fleet of 175 ships were wiped out, and most of the surviving ships (including the "Big Three") had to be turned over to the winning side as war reparations. After war's end, Hapag rebuilt its fleet with much smaller ships than before the war, but their fleet was again mostly wiped out during World War II, with surviving ships turned over to allied powers.

North German Lloyd[edit]

The NDL liner Kaiser Wilhelm II, which made its maiden voyage in 1903
Flagships of North German Lloyd - Bremen and Europa

Norddeutscher Lloyd (NDL) was formed in 1856 in the City-State of Bremen, offering passenger and cargo transportation between Bremen and New York, with an emphasis on emigration to the United States. Service started in June with the Bremen, the first of three steamships, and the company established its American base at Hoboken, New Jersey. NDL eventually built a large fleet of ships that carried many thousands of emigrants westwards, with a peak of 240,000 passengers across the Atlantic in 1913 alone.[1]

The outbreak of World War I resulted in the internment of its 135-vessel fleet at Hoboken, which status was changed to confiscation when the US entered the war in 1917. Likewise, its Hoboken base was confiscated, and turned over to the US Navy, which used it as a transshipping point for the duration.[1]

Operations were resumed in 1922, when NDL was able to purchase its former base from the United States Alien Property Administrator. NDL launched a new Bremen and Europa in 1929–30.[1]

At the start of World War II, NDL repeated the World War I experience, with its fleet again being confiscated when the US entered the war in 1941. The lone exception was the Bremen, which raced across the Atlantic, and achieved protection at Murmansk in 1939, later moving on to her namesake city where she remained for the duration of the war.[1]

Passenger service resumed in 1954 with the MS Berlin, formerly the Swedish American Line's Gripsholm. Later two other second-hand ships, SS Bremen (formerly Pasteur) and MS Europa (formerly Swedish American Line's Kungsholm), were purchased.

Service continued as before, but it was decided that there were too many competitors in a transportation environment where the airliner was taking the most frequent customers away. This resulted in NDL’s merger with the Hamburg-America Line in 1970.

NDL attained several speed records over the years. Among them, was the record for the run between Southampton and New York of eight days in 1881, which was set by the Elbe, and held until 1900; and the record for the fastest transatlantic crossing set by the new Bremen in 1929 (see Blue Riband).[1]

Hapag-Lloyd[edit]

Hapag-Lloyd container ship Düsseldorf Express
The Colombo Express, 8700 TEU container ship owned and operated by Hapag-Lloyd

Hapag and NGL continued to compete until establishing a joint-venture container line in 1968 in order to share the huge investments related to the containerisation of their fleets. Both companies finally merged on September 1, 1970 under the name Hapag-Lloyd.

Hapag-Lloyd was acquired in 1998 by TUI AG (Hanover), a tourism conglomerate, and became its fully owned subsidiary in 2002.[2] In the course of the integration into TUI AG, all tourism related activities such as the charter airline and travel agencies were transferred to TUI AG. A retrenchment from that position through an offering of a minority of Hapag-Lloyd's shares on the stock market was planned in 2004. As part of that process, its business units other than the container line and cruise line were planned for divestiture.

In 2008 TUI announced an intention to sell its entire stake in Hapag-Lloyd shipping activities before the end of that year. Industry speculation predicted a sale price of approximately $US5.9 billion.[3]

Airline Activities[edit]

Hapag-Lloyd founded the charter airline Hapag-Lloyd Flug in 1972, buying a few Boeing 727s to fly its cruise passengers from Germany to the cruises' ports of call. The airline eventually added some regular passenger flights as well. Hapag-Lloyd Flug used the IATA code HF and became a directly owned subsidiary of TUI AG in 1999.

In 2002 TUI AG initiated Hapag-Lloyd Express (HLX), a low-fare, high-frequency airline. However this eponymous company was never owned by Hapag-Lloyd.

Since their merger in July 2007 both airlines trade as TUIfly and use the IATA code X3.

Mergers and acquisitions[edit]

CP Ships Limited[edit]

On 21 August 2005, TUI AG agreed to acquire the Canadian business CP Ships Limited for 1.7 billion (US$2.0 billion) in cash. The deal which was approved by the boards of both CP Ships, TUI, and the Shareholders has been successful. It has now made the combined fleet the fifth largest by capacity in the worldwide container shipping market.[4] In 2006 the CP Ships name disappeared for good.

Hamburg Süd[edit]

In 2013, Hapag-Lloyd announced it was considering the possibility of a merger with its smaller compatriot Hamburg Süd. The merger plans were scotched when Hamburg Sud's shareholders and owners did not agree to the final offer made by Hapag-Lloyd stakeholders.[5] After this event, Hamburg Süd remained a private, independent company until December 2016, when the container transport division of Danish logistics and energy company; Maersk, announced it would purchase Hamburg Sud at a price of 4.02 billion USD.[6]

Compañía Sud Americana de Vapores (CSAV)[edit]

In 2014, Hapag-Lloyd acquired Chile's Compañía Sud Americana de Vapores SA (CSAV). The merger made Hapag-Lloyd the fourth-largest container-shipping company in the world.[7][8]

United Arab Shipping Company (UASC)[edit]

In April 2016 Hapag-Lloyd announced it was in merger talks with UASC. The merger was agreed upon later in 2016 and the integration between the two companies was completed in 2017. As a result of the merger Hapag-Lloyd became the world's fifth largest container transporter in terms of vessel capacity, surpassing Taiwan's Evergreen Line. The merger also entailed that UASC would become the largest shareholder in the new mega-entity, but Hapag-Lloyd would become the sole operator of the combined fleet.[9]

Services and business areas[edit]

Container transportation[edit]

  • Hapag-Lloyd's cellular vessel fleet and TEU ownership ranks fifth globally in terms of capacity, ahead of Taiwan's Evergreen Line and behind China's Cosco Shipping.
  • Hapag-Lloyd transports containerized cargo on several major trade routes around the world. It has a prominent market presence and brand recognition in Latin America, Middle East, trans-Atlantic, and trans-Pacific trades, among others.
  • Hapag-Lloyd is currently the largest member of the Transport High Efficiency vessel-slot sharing alliance, which was created in April 2017 and also includes Taiwan's Yang Ming Line and the Japanese carriers Kawasaki Kisen Kaisha, Nippon Yusen Kaisha, and Mitsui OSK Lines.[10][11]

Cruise liner and tourism[edit]

  • Offers international cruises on several vessels.
  • Private jet services also available to customers.

Hapag-Lloyd Cruise ships[edit]

Former Ships[edit]

Chartered Ships[edit]

See also[edit]

References[edit]

  1. ^ a b c d e Kenneth T. Jackson (1995). The Encyclopedia of New York City. The New York Historical Society; Yale University Press. p. 854. 
  2. ^ "Hapag-Lloyd CEO: reduction in operational costs needed", Arabian Supply Chain, 30 March 2015. Accessed 23 July 2015.
  3. ^ "Hapag-Lloyd sales rise as Tui confirms shipping exit plans". Lloyd's List Daily Commercial News. Informa Australia. 2008-08-15. Retrieved 2008-08-15. 
  4. ^ [1][permanent dead link]
  5. ^ http://uk.reuters.com/article/uk-hapag-lloyd-merger-idUKBRE92N0LE20130324
  6. ^ http://www.dw.com/en/oetker-group-sells-shipping-business-to-maersk/a-36600635
  7. ^ "Regulators clear way for merger of Hapag-Lloyd and Vapores". Reuters. 2 December 2014. Retrieved 2 December 2014. 
  8. ^ "Approval for World's Fourth Largest Container Shipping Line Granted" Handy Shipping Guide, 2 December 2014. Accessed: 12 December 2014
  9. ^ "Talks between Hapag-Lloyd and United Arab Shipping Company". 21 April 2016. Retrieved 26 May 2016. 
  10. ^ https://lloydslist.maritimeintelligence.informa.com/LL022183/HapagLloyd-and-Asian-lines-form-sixmember-alliance
  11. ^ http://fairplay.ihs.com/commerce/article/4281251/hapag-lloyd-vows-smooth-the-alliance-transition

External links[edit]

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