Domingo 21 de Octubre del 2018

Hapag-Lloyd has lost efficiency following merger

According to SeaIntel, the merger with Chilean CSAV has cost the German container carrier 11 percent of its otherwise all-time high efficiency measured in freight volumes and number of employees

Two years after container carrier Hapag-Lloyd merged with Chilean CSAV, the German carrier has still not managed to reclaim its former status as one of the most efficient players in the sector.

According to analyst firm SeaIntel, the merger has cost Hapag-Lloyd 11 percent on efficiency when measured in volumes of handled containers and the number of land-based employees. A loss which has still not been restored since.

Stock-listed Hapag-Lloyd, which since its merger with CSAV now also encompasses United Arab Shipping Company (UASC), is the only major container carrier which publishes detailed figures for employees both on land and on vessels, and this makes it possible to gain an insight into the development and efficiency of employees.

The loss of efficiency in the wake of the merger with CSAV raises questions about how quickly Hapag-Lloyd will be able to reach the previously high levels after the merger with UASC.

 Earlier this year, the German container carrier announced a 12 percent reduction in workforce as a result of the UASC merger.

An analysis from SeaIntel in November 2016 showed that Hapag-Lloyd had the highest efficiency in the industry measured in freight volumes and employee numbers. From 2010-2014, the carrier improved its efficiency by 3.5 percent annually.

This development changed with the CSAV merger at the end of 2014, and although Hapag-Lloyd has reestablished a stable development, it has not yet managed to reach the same efficiency levels as before.

Hapag-Lloyd is planning on an efficiency gain of approximately USD 800 million from the two major mergers, which the German carrier carrier out just a few years ago with CSAV and UASC. Altogether, USD 400 million will be achieved from each merger respectively, which will result from streamlining the network, acquisitions, closure of headquarters from the two carriers and thus staff reductions.

Fuente: Shipping Watch

Comentarios (0)

Iniciar sesión para comentar noticia

Debe >> Iniciar sesión para comentar noticia.

Últimas noticias

CSAV obtiene financiamiento para siete buques de 9300 Teu

Compañía Sud Americana de Vapores ha aceptado un acuerdo con un consorcio de bancos por $ 347 millones en préstamos para ayudar a pagar la compra de siete nuevos buques, informa Reuters.

Rafael Correa dice que dragar a 11 m ingreso a puerto no se justifica

Rafael Correa expresó ayer que la propuesta del Municipio de Guayaquil de dragar a 11 metros en marea baja el ingreso al puerto marítimo de esta ciudad no es justificable

No hay pescado en el mar

Esta semana, el Instituto del Mar del Perú recomendó suspender la pesca en la zona norte y centro del país por un periodo de por lo menos un año

Perú Marítimo

A menos que se indique lo contrario todo el contenido del sitio es Copyright © Perú Marítimo. Queda prohibida la reproducción, ya sea electrónico o de otra manera, sin el permiso de Perú Marítimo. Por favor siga los enlaces correspondientes para obtener información sobre nuestras Políticas de Privacidad y Términos de Uso.

Movlim Diseño Web