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Hapag-Lloyd negotiating with staff to avoid layoffs

Hapag-Lloyd has launched a comprehensive efficiency process that could result in layoffs in the weeks to come, confirms the liner company to ShippingWatch. The company is currently negotiating with staff through its Work Council.

Søren Skou fighting the clock to deliver results

Søren Skou will soon have spent two years heading the Maersk Group and working on the transformation of the conglomerate and the share price that served as key reason for his appointment. "Things take time," says Skou.

Hapag-Lloyd on track to tapping LNG as new ship fuel

The rising bunker prices represent a growing cost item in the shipping companies´reports, also at German box carrier Hapag-Lloyd. In an interview with ShippingWatch, CEO Rolf Habben Jansen now opens the door to LNG as new ship fuel.

Kuehne+Nagel: Container carriers don't react to complaints

It is no use complaining to liner companies about delayed ships, says Otto Schacht, VP and head of global ocean freight solutions at Kuehne+Nagel, in an interview with ShippingWatch. "It doesn't help," he says. Schedule reliability is currently at a record-low.

Maersk-owned Seago Line weighed down by cyber attack

Profit dipped for the third consecutive year at Maersk-owned feeder-liner company Seago Line. In 2017, the result was weighed down significantly by lower rates, higher bunker prices and last summer's cyber attack.

OOCL reports growth in the first quarter

Container carrier OOCL delivered an improved result for the first quarter 2018, according to a trading update. This bodes well for the sector, note several analysts.

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