Hapag-Lloyd
A German global container shipping and maritime logistics company.
Last updated August 21, 2026
Overview
Hapag-Lloyd AG is a German international container shipping and transportation company headquartered in Hamburg. The modern company was created on 1 September 1970 through the merger of Hamburg-Amerikanische Packetfahrt-Actien-Gesellschaft, commonly known as HAPAG or Hamburg-America Line, and Norddeutscher Lloyd, also known as North German Lloyd. Both predecessor businesses had deep nineteenth-century roots in transatlantic passenger and cargo transportation, and their combination brought together the maritime traditions of Hamburg and Bremen. The company’s core business is liner shipping: scheduled transportation of containerized cargo between major ports and trade regions. Its services cover east-west and north-south routes, with established positions in transatlantic, transpacific, Latin American, Middle Eastern, African, European and intra-regional trades. Hapag-Lloyd transports a broad mix of cargo, including manufactured goods, consumer products, industrial equipment, agricultural commodities, chemicals and temperature-sensitive products. Its service portfolio includes standard dry containers, refrigerated containers, special equipment, dangerous-goods handling, project-related cargo and inland connections. Hapag-Lloyd’s development has been shaped by the transition from conventional breakbulk shipping to containerization. HAPAG and Norddeutscher Lloyd first cooperated through a joint container line established in 1967, with operations beginning in 1968, before completing their corporate merger in 1970. Later expansion included the acquisition of Canadian carrier CP Ships in 2005, the integration of the container business of Chilean carrier CSAV in 2014, and the merger with United Arab Shipping Company in 2017. These transactions expanded Hapag-Lloyd’s fleet, route network and geographic reach, and helped make it one of the largest container carriers in the world. Ownership has changed substantially over time. Hapag-Lloyd became a wholly owned subsidiary of the tourism and transport group Preussag, later TUI AG, during the late 1990s and early 2000s. TUI subsequently sold a majority interest to private investors in Hamburg, with additional ownership changes taking place in the following years. Hapag-Lloyd later became a publicly listed company, with its shares traded in Frankfurt under the ticker HLAG and included in the German equity-market structure. In addition to its liner-shipping business, Hapag-Lloyd has expanded into terminal and infrastructure activities. Investments and acquisitions have included interests in terminals and inland transport operations in Morocco, Germany, Italy and India, as well as terminal assets in the Americas. Since 2024, these activities have operated as Hanseatic Global Terminals, a wholly owned but independently managed business unit based in Rotterdam. This structure reflects a broader strategy of combining vessel operations with selected terminal and hinterland capabilities. Hapag-Lloyd has also participated in industry-wide vessel-sharing alliances. It was a major member of THE Alliance, alongside Ocean Network Express, Yang Ming and HMM, until moving to a new operational cooperation with Maersk. The Gemini Cooperation began operations in February 2025 and was designed to coordinate vessel deployment and network services while leaving the two companies commercially independent. The company presents itself as a quality-focused carrier emphasizing reliability, customer service, digital tools, operational efficiency and sustainability. Its public activities include investments in more efficient vessels, alternative-fuel and emissions-reduction initiatives, digital cargo visibility, fleet modernization and the development of terminal infrastructure. Hapag-Lloyd remains primarily a container shipping brand, although former affiliated businesses included cruise and airline operations that were later separated from the group.
History
Hapag-Lloyd’s history combines two major German maritime traditions. Hamburg-Amerikanische Packetfahrt-Actien-Gesellschaft, or HAPAG, was founded in Hamburg in 1847 to provide transatlantic service. Norddeutscher Lloyd was established in Bremen in 1857 and began steamship service between Bremen and New York in 1858. Both companies carried passengers, emigrants, mail and cargo, and each developed extensive transatlantic networks. Before the First World War, HAPAG operated a large fleet and became known for prestigious ocean liners. Its Imperator-class vessels included some of the largest ships of their period. Norddeutscher Lloyd likewise developed a prominent passenger fleet and achieved notable speed records. Its Bremen and Europa liners, delivered in 1929 and 1930, represented the technical and commercial importance of German transatlantic shipping at the time. The world wars severely disrupted both businesses. During the First World War, many ships belonging to HAPAG and Norddeutscher Lloyd were lost, interned or transferred as reparations. Each company had to rebuild after the conflict. Norddeutscher Lloyd resumed United States operations in the 1920s and restored passenger services in the 1950s, while HAPAG also rebuilt its fleet and commercial network. Containerization became the decisive modernizing force. HAPAG and Norddeutscher Lloyd created a joint container line in 1967, with operations commencing in 1968. The cooperation was intended to spread the considerable cost of specialized ships, containers, port equipment and handling systems. On 1 September 1970, the two companies formally merged to create Hapag-Lloyd. The company’s ownership and scope changed during the following decades. In 1998, Hapag-Lloyd was acquired by Preussag, the German group that later became TUI AG. It became fully owned by TUI in 2002. TUI subsequently sought to dispose of its shipping activities, selling a majority interest to Hamburg-based private investors in 2009 and completing further sales in later years. Hapag-Lloyd eventually became a listed company. Expansion through acquisitions became an important part of the company’s growth. In 2005, TUI agreed to acquire Canadian carrier CP Ships, bringing additional vessels and services into the Hapag-Lloyd system. In 2014, Hapag-Lloyd took over CSAV’s container business, with CSAV becoming a significant shareholder. In 2017, Hapag-Lloyd completed the integration of United Arab Shipping Company after the two businesses agreed on a merger in 2016. The UASC transaction expanded Hapag-Lloyd’s fleet and strengthened links involving the Middle East, Europe, Asia, Africa and the Americas. Hapag-Lloyd continued to build regional capabilities in the 2020s. It acquired NileDutch, a West Africa-focused container operator, in 2021 and the container liner business of Deutsche Afrika-Linien in 2022. It also invested in terminal and inland logistics businesses, including Spinelli Group in Italy and J M Baxi Ports & Logistics in India. In Morocco, Germany and the Americas, the group increased its participation in container terminals and related infrastructure. These activities were later organized under Hanseatic Global Terminals. The company also reshaped its network partnerships. Hapag-Lloyd had been a major member of THE Alliance, which included Ocean Network Express, Yang Ming and HMM. In 2024 it announced a new long-term operational cooperation with Maersk. Gemini Cooperation began in February 2025, with the partners coordinating a large vessel and service network while maintaining separate corporate identities and commercial organizations. Today, Hapag-Lloyd is primarily a global liner-shipping company with an adjacent terminal and infrastructure business. Its historical evolution reflects the transformation of maritime transport from passenger and breakbulk services to containerized, digitally managed and increasingly integrated logistics networks.
- 2025Gemini Cooperation launched
Hapag-Lloyd began its long-term operational cooperation with Maersk.
- 2024Hanseatic Global Terminals established
The group organized its terminal and infrastructure activities under the Hanseatic Global Terminals brand.
- 2023Terminal and logistics investments expanded
Hapag-Lloyd acquired or announced strategic interests in Spinelli Group, J M Baxi and terminal activities in the Americas.
- 2022Deutsche Afrika-Linien container business acquired
Hapag-Lloyd acquired DAL’s container liner business serving Africa-related routes.
- 2021NileDutch acquisition completed
The acquisition of Nile Dutch expanded Hapag-Lloyd’s West African container network.
- 2017UASC merger integration completed
Hapag-Lloyd completed its integration with United Arab Shipping Company.
- 2014CSAV container business integrated
Hapag-Lloyd took over the container operations of Chilean carrier CSAV.
- 2005CP Ships acquisition agreed
TUI agreed to acquire CP Ships, significantly increasing Hapag-Lloyd’s container-shipping scale.
- 1998Acquired by Preussag
Hapag-Lloyd became part of Preussag, the group later known as TUI AG.
- 1970Hapag-Lloyd created through merger
HAPAG and Norddeutscher Lloyd completed their merger on 1 September, creating Hapag-Lloyd.
- 1967Joint container line established
HAPAG and Norddeutscher Lloyd formed a joint container line to share the investment required for containerization.
- 1857Norddeutscher Lloyd founded in Bremen
Norddeutscher Lloyd was established as a Bremen-based passenger and cargo shipping company.
- 1847HAPAG founded in Hamburg
Hamburg-Amerikanische Packetfahrt-Actien-Gesellschaft was established to operate transatlantic maritime services.
Products and positioning
A globally integrated container carrier positioned around reliable service, strong trade-lane expertise, customer-oriented operations, digitalization and increasingly integrated terminal and inland logistics capabilities.
Dry container shippingContainer liner shipping1970
Hapag-Lloyd’s principal offering is scheduled transportation of general cargo in standard dry containers. The network links major ports across Europe, Asia, the Americas, Africa and the Middle East, supporting manufactured goods, consumer products, industrial materials and other non-temperature-sensitive cargo. Services combine vessel transport with documentation, booking, port handling coordination and, where arranged, inland movement.
Refrigerated container shippingSpecialized container logistics
Refrigerated, or reefer, services transport temperature-sensitive cargo such as food, pharmaceuticals and other perishable goods. The offering depends on controlled equipment, monitoring, specialized handling and coordinated port and inland operations. Reefer capability is particularly important on agricultural and food-related trade lanes linking production regions with consumer markets.
Special cargo and dangerous-goods servicesSpecialized logistics
Hapag-Lloyd handles cargo requiring special equipment, additional documentation or enhanced safety procedures. This includes out-of-gauge shipments, project-related cargo and regulated or dangerous goods. Such services require cargo classification, equipment planning, stowage controls and compliance with maritime and port regulations.
Inland and multimodal transportLogistics services
The company offers transport connections beyond the ocean leg through road, rail, barge and other inland solutions arranged around container movements. These services connect ports with manufacturing sites, distribution centers and inland terminals, allowing customers to manage more of the supply chain through a single shipping relationship.
Terminal and infrastructure servicesPort and terminal operations2024
Through Hanseatic Global Terminals, Hapag-Lloyd participates in container-terminal and related inland infrastructure activities. Investments have included interests in Morocco, Germany, Italy, India and the Americas. The business complements liner shipping by providing exposure to port handling, terminal capacity and selected hinterland logistics operations.
Flagship businesses
- Global scheduled container shipping network
- Refrigerated cargo logistics
- North-South and East-West trade services
- Port and terminal operations
- Inland transport and multimodal logistics
Brand decisions
- 2024Enter the Gemini Cooperation with MaerskStrategy
Hapag-Lloyd decided to replace its participation in THE Alliance with a new long-term operational arrangement.
What changed. Hapag-Lloyd and Maersk announced coordinated vessel deployment and network operations under the Gemini Cooperation, planned to begin in February 2025.
Aftermath. Hapag-Lloyd left THE Alliance and began operating within a new large-scale cooperation with Maersk.
- 2024Create Hanseatic Global TerminalsStrategy
Hapag-Lloyd had accumulated terminal and inland infrastructure interests in several regions.
What changed. The group placed its terminal and infrastructure activities under the Hanseatic Global Terminals brand as an independent stand-alone business unit.
Aftermath. The structure gave the group a distinct platform for terminal investments alongside its liner-shipping business.
- 2017Complete the UASC mergerM&A
The proposed combination offered fleet, network and geographic expansion, particularly across Middle Eastern and international routes.
What changed. Hapag-Lloyd absorbed and integrated United Arab Shipping Company’s operations and assets.
Aftermath. The transaction reinforced Hapag-Lloyd’s position as the world’s fifth-largest container transporter by vessel capacity at the time.
- 2014Take over CSAV’s container businessM&A
Hapag-Lloyd sought additional scale and stronger coverage in Latin American and global container trades.
What changed. The company integrated the container shipping business of Chilean carrier CSAV, while CSAV became a major Hapag-Lloyd shareholder.
Aftermath. Hapag-Lloyd strengthened its market position and became one of the largest global container carriers.
- 2005Acquire CP ShipsM&A
The container industry was consolidating and carriers were seeking scale across trade lanes and fleets.
What changed. TUI agreed to acquire Canadian carrier CP Ships, bringing its operations into the Hapag-Lloyd group.
Aftermath. The combined company became one of the world’s largest container carriers by capacity.
Recent events
- 2025Hapag-Lloyd and Maersk began Gemini Cooperation operations
The new operational cooperation coordinated vessel networks and services between the two carriers, with Hapag-Lloyd providing a minority share of the planned capacity.
Product generation - 2024Hapag-Lloyd and Maersk announced the Gemini Cooperation
Hapag-Lloyd and Maersk announced a long-term operational cooperation scheduled to begin in February 2025, replacing Hapag-Lloyd’s participation in THE Alliance.
M&A - 2024Hapag-Lloyd launched Hanseatic Global Terminals as its terminal platform
The company organized its terminal and infrastructure activities under the Hanseatic Global Terminals brand as a separate operating unit.
Other - 2023Hapag-Lloyd expanded terminal and inland-transport investments
The company acquired minority interests in Spinelli Group in Italy and J M Baxi Ports & Logistics in India, broadening its terminal and hinterland logistics footprint.
M&A - 2022Hapag-Lloyd acquired Deutsche Afrika-Linien container business
Hapag-Lloyd closed the purchase of the container liner business of Deutsche Afrika-Linien, expanding services connecting Europe, southern Africa and the Indian Ocean.
M&A - 2021Hapag-Lloyd expanded into West African container services through NileDutch
The company completed its acquisition of Nile Dutch Investments, a carrier specializing in container services to and from West Africa.
M&A - 2017Hapag-Lloyd merged with United Arab Shipping Company
The integration of UASC added ships, services and trade-lane coverage, consolidating Hapag-Lloyd’s position among the largest global container carriers.
M&A - 2014Hapag-Lloyd completed the CSAV container-business transaction
Hapag-Lloyd integrated the container transportation business of Chilean carrier CSAV, strengthening its global scale and Latin American presence.
M&A - 2014Colombo Express collided with Maersk Tanjong in the Suez Canal
Hapag-Lloyd vessel Colombo Express was involved in a collision that caused damage to the ship and temporarily disrupted canal traffic.
Other - 2005Hapag-Lloyd acquired CP Ships
TUI agreed to acquire Canadian container carrier CP Ships, making the combined business one of the largest container shipping companies by capacity.
M&A
Sources
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