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Hapag Lloyd AG (HLAG.DE)

HLAG.DE on Xetra

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Mon, Jun 11 2018

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German container line Hapag-Lloyd scaling back Iran business

FRANKFURT German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran.

German container line Hapag-Lloyd scaling back Iran business

FRANKFURT, June 11 German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran.

UPDATE 1-TUI sees healthy summer margins, eyes cruises growth

* Approves new cruises ship for Hapag-Lloyd brand (Adds CEO comments, details on summer bookings)

TUI confirms FY profit target, approves new ship for Hapag-Lloyd Cruises

BERLIN, May 9 Europe's largest travel and tourism group TUI Group said it had approved construction of another cruise ship for its Hapag-Lloyd cruise business and that summer trading was good as it reported second quarter results.

Hapag-Lloyd sees calmer waters for shipping industry

HAMBURG Demand for shipping is growing and could outpace the supply of new vessels next year, helping to boost profits at Hapag-Lloyd as it also reaps the benefits of a recent merger, the German company said on Wednesday.

UPDATE 2-Hapag-Lloyd sees calmer waters for shipping industry

* Shares up 2.3 percent (Adds details from press briefing, update shares)

Hapag-Lloyd sees shipping transport demand up, more mergers in 2018

HAMBURG, Jan 18 German shipping group Hapag-Lloyd sees demand for transport growing 4 percent in 2018 and expects more shipping firms to merge in the year, the chief executive said.

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