DGAP-News: Hapag-Lloyd AG / Key word(s): Miscellaneous
Hapag-Lloyd AG: Hapag-Lloyd purchases two ships and further optimizes its
fleet
10.02.2016 / 13:45
The issuer is solely responsible for the content of this announcement.
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Hamburg, 10 February 2016
Hapag-Lloyd purchases two ships and further optimizes its fleet
Acquisition of two modern wide-beam vessels for first deployment in the
South American business / Two more identical ships chartered / Four
efficient wide-beam vessels chartered for Mediterranean-Canada service
Hapag-Lloyd has today taken delivery of two modern 3,500-TEU ships with a
special wide-beam design from the Dutch shipping company NileDutch. The
parties have agreed not to disclose the purchase price of the two vessels,
which are to be initially deployed in South America. The wide-beam design
of the hull means that the ships, which were built in 2015, maintain a
comparatively high slot capacity despite having a lower draught, thereby
making them particularly well suited for ports with shallow water as for
example some South American ports. Hapag-Lloyd is also chartering two more
identical ships from NileDutch's same series, both of which will be
deployed together with their sister ships.
"For Hapag-Lloyd, these state-of-the-art and highly efficient vessels
represent an important enhancement of the fleet," said Anthony J. Firmin,
COO of Hapag-Lloyd. "Alongside our market leadership in certain trades,
such as the Atlantic, we also strengthen our position in an attractive
niche market further such as the cabotage business in South America, where
we will be initially deploying the new vessels."
In order to reinforce Hapag-Lloyd's leading position in the North Atlantic,
four more wide-beam ships are being chartered in to the Hapag-Lloyd fleet
for services between the Mediterranean and Montreal, Canada. The highly
efficient ships, which are two years old and have an operating capacity of
some 2,700 TEU, will replace the existing, older tonnage. They are equipped
for sailing through ice and also have a comparatively low draught, which is
an advantage for travelling on the St. Lawrence River. This further
strengthens Hapag-Lloyd's market leading position in Canada.
Hapag-Lloyd's fleet currently comprises 177 ships and, at around 7.2 years,
has a low, competitive average age. The average vessel size at Hapag-Lloyd
exceeds the industry average as well as that of the top ten competitors.
About Hapag-Lloyd
With a fleet of 177 modern container ships, Hapag-Lloyd is one of the
world's leading liner shipping companies. The Company has around 9,500
employees at 353 sites in 117 countries. With the acquisition of CSAV's
container business in December 2014, the Hapag-Lloyd fleet now offers a
total transport capacity of almost one million standard containers (TEU) as
well as a container capacity of 1.6 million TEU - including one of the
largest fleets of reefer containers. A total of 122 liner services
worldwide ensure fast, reliable connections between all the continents.
Hapag-Lloyd is a founding member of the G6 Alliance, one of the largest
shipping alliances in the world, and is one of the leading operators in the
Transatlantic and Latin America trades.
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10.02.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Hapag-Lloyd AG
Ballindamm 25
20095 Hamburg
Germany
Phone: +49 (0) 40 3001 - 2896
Fax: +49 (0) 40 3001 - 72896
E-mail: ir@hlag.com
Internet: www.hapag-lloyd.com
ISIN: DE000HLAG475, USD33048AA36
WKN: HLAG47, A1E8QB
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hanover, Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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436051 10.02.2016
DGAP-News: Hapag-Lloyd AG: Hapag-Lloyd purchases two ships and further optimizes its fleet
| Source: EQS Group AG