ShippingWatch

Hapag-Lloyd rules out strategic ventures into logistics

Competitors' strategic ventures into logistics, container terminals and air freight haven't prompted Hapag-Lloyd to follow suit. The liner business is and will remain the core unit, and acquisitions are still on the agenda, according to the CEO of Hapag-Lloyd.

Photo: Ulrich Perrey/AP/Ritzau Scanpix

German container carrier Hapag-Lloyd has no plans to make logistics a strategic priority even though the company has bought a stake in the Wilhelmshaven container terminal and is open to additional land-side investments.

While competitors like Maersk and CMA CGM are investing heavily in both land-side activities and air freight, the liner business will remain the focal point of Hapag-Lloyd's business, said CEO Rolf Habben Jansen last Thursday, as he took stock of Hapag-Lloyd's strategy through to 2023 Thursday.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Growth prompts OSM to send 150 managers on a leadership course

An equal approach to management and a desire to be more aligned are some of the reasons why OSM is sending both top and mid-level managers on a custom-made leadership course. ShippingWatch has spoken to OSM’s new chief culture officer about the initiative.

MSC, Lufthansa mull acquiring Italian state aviation firm

The world’s largest container line, MSC, and German aviation company Lufthansa have offered to take over Italian state airline ITA, the former Alitalia. MSC and Lufthansa have requested a 90-day exclusivity period to closely examine ITA.

Further reading

Related articles

Latest news

See all jobs