In the first nine months of 2019, Hapag-Lloyd’s earnings before interest and taxes (EBIT) significantly increased to EUR 643 million (9M 2018: EUR 299 million).
The introduction of the IMO2020 sulphur cap as of 1 January 2020 marks a milestone for the shipping industry to reduce marine pollution and become more sustainable.
Hapag-Lloyd continues to develop its position in Africa and launches the new MIAX service – which will offer direct connections and fast transit times between South and West Africa, the Persian Gulf, India, Colombo (Sri Lanka) and La Réunion.
From July 2020 onwards, the global fleet of Hapag-Lloyd Cruises will use marine gas oil with a maximum sulphur content of 0.1 % (LS-MGO) exclusively.
In response to growing demand, Hapag-Lloyd will offer more services from and to India. Two new services, South-East India – Europe Express (IEX) and the Middle East-India-Africa Express (MIAX), will enter into operation in October.
Hapag-Lloyd has concluded the first half of the year 2019 with a significantly higher operating result than in the same period of the previous year. Earnings EBIT increased to EUR 389 million (H1 2018: EUR 91 million).
Hapag-Lloyd is expanding its African liner services and will offer its MIAX (Middle East-India-Africa Express) service starting in October 2019.
Hapag-Lloyd has placed a record order for the refrigerated containers known as “reefers”. Production of 970 20-foot containers and 12,450 40-foot containers is already scheduled to commence as early as July.
Rapid adoption of TradeLens across the global shipping supply chain continues as Hapag-Lloyd and Singapore-based ONE announced they will join the blockchain-enabled digital shipping platform.