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For more than 150 years, Hapag-Lloyd has linked continents, countries and cultures. The company focuses on global container liner shipping and operates about 340 sales offices in over 100 countries. Around 8,000 employees worldwide take care of the increasing logistical needs of their customers.
Over 141 Hapag-Lloyd containerships provide total capacity of over 493,000 TEU, and are deployed across the five continents. The company offers a wide variety of container types and provides its customers with the right equipment, no matter whether the cargo is temperature-sensitive, oversized, particularly heavy, or bulky but light. Container capacity exceeds 1 million containers (TEU).
In 2007, Hapag-Lloyd reported revenues of around €6 billion. In the same period, Hapag-Lloyd transported approx. 5.5 million TEU worldwide, an increase of 9 %. For 2007, Hapag-Lloyd’s volume between Europe and the Far East reached over 1.3 million TEU, over 1 million TEU on the Trans Pacific route, and around 1.5 million TEU on the North Atlantic route. The rest was transported on Latin American, Intra-Asian and other services.
Hapag-Lloyd Cruises division is the foremost supplier of luxury cruises in the German-speaking world. Its ships “Europa”, “Hanseatic”, “Bremen” and “Columbus” carry passengers in style all over the globe. The “Europa” was ranked as the world's finest cruise ship for the eighth year running by the prestigious Berlitz Cruise Guide.
History of Hapag-Lloyd
Hapag-Lloyd AG came into being on September 1, 1970 as a result of the merger of the shipping lines Hamburg-Amerikanische-Packetfahrt-Actien-Gesellschaft (Hamburg-America Line or Hapag), based in Hamburg, and Norddeutscher Lloyd (NDL), based in Bremen. At the time of integration, these companies, founded in 1847 and 1857 respectively, had been active in ocean shipping for more than a century.
Shortly before the First World War, the liner service networks of Hapag and Lloyd grew to span the globe. During the First and Second World Wars, both companies lost their fleets, but were able to re-build and greatly expand once again in the postwar years. With the container shipping boom of the late 1960s, the two organizations merged to form Hapag-Lloyd AG in 1970. In 1997, the company became a wholly owned subsidiary of TUI AG.
The acquisition of CP Ships in 2005 placed Hapag-Lloyd among the top five biggest shipping companies in the world and greatly expanded its fleet and network. The history of CP Ships began in 1886, when it transported more than 1 million pounds of tea from Asia to Canada with the 800t sailing ship WB Flint, the first ocean-going vessel chartered by Canadian Pacific Railways. When Canadian Pacific entered the cruise business in 1922, the Empress liners were among the most luxurious vessels of the day. CP Ships focused on container transport at an early stage and already had containerships each carrying 12 boxes in 1964. CP Ships grew by acquisitions. From 1993, it acquired as many as ten companies, including Cast (1995), Lykes Lines (1997), TMM Lines (2000) and Italia Line (2002).
For more detailed information about Hapag-Lloyd's history, please click here.
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