Hapag-Lloyd AG (HLAG.DE)
Hapag-Lloyd AG operates in the Marine Shipping industry of the Industrials sector, headquartered in Hamburg, DE. The stock last traded at $122.90, up 0.08% on the session, giving a market capitalisation of $21.60B. Its beta of 1.06 implies it has historically moved more than the broad market.
Operating globally through its various subsidiaries, Hapag-Lloyd AG stands as a prominent liner shipping enterprise. The company utilizes its extensive fleet of vessels and containers to transport a diverse range of goods, including standard and specialized freight, hazardous materials, coffee, and temperature-controlled (reefer) cargo, such as pharmaceuticals. Beyond shipping, Hapag-Lloyd provides a suite of digital solutions: a bilateral Electronic Data Interchange (EDI) for direct connectivity, an e-commerce platform offering real-time shipment tracking, supply chain data management, and a unified interface for carrier communication. Customers can also manage their shipping operations via a dedicated mobile application, and access essential email and security updates. Furthermore, the company extends its services to inland container logistics, facilitating transportation by both truck and rail. By the close of 2021 (December 31st), Hapag-Lloyd's fleet consisted of 253 container vessels, collectively offering a capacity of 1.8 million twenty-foot equivalent units (TEU). Its total container capacity reached approximately 3.1 million TEU. Established in 1847, Hapag-Lloyd AG maintains its headquarters in Hamburg, Germany.
Hapag-Lloyd AG is most often compared with the following Industrials names: