Munich - Delayed Quote ? EUR Hapag-Lloyd AG (HLAG.MU) Follow Compare 171.30 +3.80 (+2.27%) At close: October 25 at 7:03 PM GMT+2 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Hapag-Lloyd revises earnings forecast on Red Sea disruptions German transportation provider Hapag-Lloyd reported preliminary nine-month profits and raised its full-year forecast as vessel diversions pushed up shipping rates. The post Hapag-Lloyd revises earnings forecast on Red Sea disruptions appeared first on FreightWaves. FreightWaves ? 2 days ago HPGLY -0.25% Report: Russia Provided Satellite Data for Houthi Attacks on Red Sea?Shipping The WSJ says the U.S. is worried Russia could provide the militants with anti-ship or anti-aircraft missiles that threaten military protection of shipping. Sourcing Journal ? 3 days ago HPGLY -0.25% AMKBY Hapag-Lloyd Lifts Earnings Guidance Amid Strong Demand and Freight Rates The German shipping company said it now expected profit this year to land above its previous expectations despite the higher costs from diverting vessels around the Cape of Good Hope to avoid the Red Sea. The Wall Street Journal ? 3 days ago HLAGF +4.52% HPGLY -0.25% Hapag-Lloyd raises outlook on stronger-than-expected demand (Reuters) -International shipping company Hapag-Lloyd raised its full-year earnings guidance on Thursday citing stronger-than-expected demand and higher freight rates. Despite increased expenses from the diversion of vessels around the Cape of Good Hope, Hapag-Lloyd says it now expects earnings before interest, taxes, depreciation, and amortisation (EBITDA) for 2024 of between $4.6 billion and $5 billion, up from previous guidance of $3.5 billion to $4.6 billion. However, given very volatile freight rates and major geopolitical challenges, the forecast is subject to a high degree of uncertainty, Hapag-Lloyd said. Reuters ? 3 days ago HPGLY -0.25% Cargo On-Time Rates Are Dismal. Two Shipowners Have a Plan to Fix That. In a new alliance, Maersk and Hapag-Lloyd are aiming to cut docking costs and improve on-time performance. The Wall Street Journal ? 7 days ago HLAGF +4.52% HPGLY -0.25% ‘Havoc is Going to Start’ When Ocean Carriers Return to Suez Canal, Maersk Exec?Says Maersk and Hapag-Lloyd won’t return to the Suez Canal when the Gemini Cooperation launches Feb. 1, opting to sail via the Cape of Good Hope. Sourcing Journal ? 11 days ago AMKBY HPGLY -0.25% U.S. Ports Reopen After Dockworkers End Strike U.S. dockworkers agreed to end their three-day strike. WSJ’s Paul Berger explains how the two sides reached a deal. U.S. ports reopened after?dockworkers agreed to return to work, ending a?three-day strike?that threatened to disrupt the American economy?just weeks ahead of the presidential election. The Wall Street Journal ? 23 days ago HLAGF +4.52% HPGLY -0.25% US Dockworkers Head Back to Work, Talks Extended to January (Bloomberg) -- Most Read from BloombergWhat Do US Vehicle Regulators Have Against Tiny Cars?The Corner Store ComebackNYC Schools Reverse Course on Cell-Phone Ban After Parents BalkMexico City Restricts Airbnb Rentals to Curb ‘Gentrification’Roofs of Mexico City’s Massive Food Market Will Power Public BusesUS dockworkers agreed to end a three-day strike that had paralyzed trade on the US East and Gulf coasts and threatened to become a factor in the presidential election.The International Longshor Bloomberg ? 23 days ago COST HLAGF +4.52% HPGLY -0.25% Ocean Carrier Alliances are Taking Shape for?2025 MSC wants to prove it’s the industry's stand-alone powerhouse, offering shippers both Suez Canal and Cape of Good Hope routing options. Sourcing Journal ? last month AMKBY HPGLY -0.25% Maersk and Hapag-Lloyd’s Gemini deal takes shape despite FMC’s concerns The carriers outlined two possible networks for the alliance as the deal passed a regulatory milestone, but the FMC said it will continue to evaluate the legality of the agreement. Ship Technology ? last month AMKBY HPGLY -0.25% Maersk, Hapag-Lloyd will add more vessels to alliance if Red Sea disruption continues Maersk and Hapag-Lloyd could add more container vessels to an alliance announced earlier this year if shipping disruptions in the Red Sea continue, the companies said on Tuesday. Attacks in the Red Sea by Iran-aligned Houthi militants have since late last year forced shipping companies to reroute traffic away from the Suez Canal and instead sail around Africa, a longer journey that ties up more capacity. Maersk and Hapag-Lloyd in January said they had agreed on a new collaboration, starting in February of 2025, to transport a combined 3.4 million containers annually with a fleet of 290 vessels, in a tie-up known as the Gemini Cooperation. Reuters ? last month AMKBY HPGLY -0.25% Those who invested in Hapag-Lloyd (ETR:HLAG) five years ago are up 233% It hasn't been the best quarter for Hapag-Lloyd Aktiengesellschaft ( ETR:HLAG ) shareholders, since the share price has... Simply Wall St. ? last month HLAGF +4.52% HPGLY -0.25% Hapag Lloyd Trials Inmarsat NexusWave: Viasat's Stock to Gain? The successful trial for the NexusWave solution will likely boost VSAT's commercial prospects in the maritime industry. Zacks ? last month VSAT HPGLY -0.25% ANET Maersk, Hapag-Lloyd Halt Canada-bound Cargo as Rail Shutdown?Nears Diverting cargo to West Coast U.S. ports is "one of the more logical switches shippers are expected to make,” said TD Cowen's Jason Seidl. Sourcing Journal ? 2 months ago AMKBY HPGLY -0.25% India Ports Could Strike, Compounding Capacity Issues Into US East?Coast Dockworkers across India’s 12 largest ports said they would be going on an indefinite strike on August 28 if a new contract agreement is not met. Sourcing Journal ? 2 months ago HPGLY -0.25% U.S. customer activity boosting transatlantic shipping, Hapag-Lloyd says Restocking and a rush to fill up inventories ahead of the expiry of labour contracts at the end of September are supporting high transatlantic container shipments into the United States, the head of Germany's Hapag-Lloyd said in an online news briefing on Monday. "There is some temptation by customers to bring in goods ahead of the labour contract expiry on September 30," said CEO Rolf Habben Jansen, who heads the world's fifth-biggest container liner. Reuters ? 2 months ago HPGLY -0.25% Hapag-Lloyd Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags Hapag-Lloyd ( ETR:HLAG ) Second Quarter 2024 Results Key Financial Results Revenue: €4.54b (up 2.9% from 2Q 2023). Net... Simply Wall St. ? 2 months ago HLAGF +4.52% HPGLY -0.25% Are Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) Investors Paying Above The Intrinsic Value? Key Insights The projected fair value for Hapag-Lloyd is €121 based on 2 Stage Free Cash Flow to Equity Current share... Simply Wall St. ? 2 months ago HLAGF +4.52% HPGLY -0.25% Hapag-Lloyd to Increasingly Focus on Growth, Service Quality Hapag-Lloyd said it would increasingly focus on growth and service quality for the remainder of the year after container freight rates tumbled in the second quarter, helping drag down profits. The Wall Street Journal ? 2 months ago HLAGF +4.52% HPGLY -0.25% Oil Prices Rise as Geopolitical Tensions Mount. Shipping Could Be Next. The fear is that the move could escalate the conflict between Israel and Hamas into a wider war in the region. Barrons.com ? 2 months ago CVX ZIM HLAGF +4.52% Performance Overview Trailing total returns as of 10/25/2024, which may include dividends or other distributions. Benchmark is DAX PERFORMANCE-INDEX Return HLAG.MU DAX PERFORMANCE-INDEX YTD +34.09% +16.19% 1-Year +15.54% +30.80% 3-Year +45.56% +25.22%
