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Hapag-Lloyd Kreuzfahrten was a former cruise ship subsidiary of Hapag-Lloyd AG. In 2008, TUI AG integrated Hapag-Lloyd Kreuzfahrten. It was renamed Hapag-Lloyd Cruises in 2016. In 2020, Hapag-Lloyd Kreuzfahrten was sold to TUI Cruises, a joint venture between TUI and Royal Caribbean. [43] Only vessels formerly operated by Hapag-Lloyd AG are ...
He is the honorary chairman and majority owner (53.3%) of the international transport company Kühne + Nagel, co-founded by his grandfather, August Kühne (1855–1932). [ 3 ] As important shareholder of flag-carrier Lufthansa , main owner of Hapag-Lloyd and Kühne+Nagel, Kühne is one of the money elites of Germany with influence into politics ...
On September 1, 1970, Hapag-Lloyd was formed by the merger of two German transportation/maritime companies, Hamburg-American Line (HAPAG), which dated from 1847, and Norddeutscher Lloyd (known in English as North German Lloyd), which was formed in 1857. [1] Hapag had withdrawn from passenger service in 1960, while Norddeutscher Lloyd was ...
Its logistics activities, concentrated in the shipping sector, were kept separate and bundled within Hapag-Lloyd AG. A majority stake in Hapag-Lloyd was sold to the Albert Ballin consortium of investors in March 2009 [16] and a further stake was sold to Ballin in February 2012, as TUI worked to exit from the shipping business and to optimize ...
In the post-war years, HAPAG rebuilt its fleet and focused on cargo container transport. 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 ...
As of 2018, the shipping company Hapag-Lloyd owned a share of 25.1% in the terminal. [19] In June 2018, HHLA acquired the largest Estonian terminal operator Transiidikeskuse AS (headquartered in Muuga). At the time, the container terminal had a handling capacity of approximately 300,000 TEU. [20]