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In 1970, the container shipping companies HAPAG and North German Lloyd (NGL) merged into Hapag-Lloyd AG to form one of the world's biggest container shipping companies. In 2008, Hapag-Lloyd was acquired by the City of Hamburg and a group of private investors, the Albert Ballin Consortium.
Hapag and NDL continued to compete until they established a joint-venture container line. The "Hapag-Lloyd Container Line", founded in 1967 and operating from 1968 onward, was established to share the huge investments related to the containerisation of the fleets. The two companies finally merged on 1 September 1970, under the name Hapag-Lloyd. [4]
[1] Colombo Express is a container ship. When launched in 2005, she was claimed by her owner to be the world's largest container ship , [ 2 ] a title she held until Emma Mærsk was launched in 2006.
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German container shipper Hapag-Lloyd is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to extend its edge in the post-COVID 19 world ...
Old Hapag-Lloyd Express logo. Hapag-Lloyd Express was established in 2002 and began operations in December 2002 – two months after Germanwings, its direct German competitor at Cologne Bonn. Despite starting its service later and serving fewer routes, HLX gained a higher name recognition and a better reputation through its category-defining ...
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