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  • Hapag-Lloyd posts US$158.3 million net loss as revenue sinks 18.9pc
    GERMAN shipping giant Hapag-Lloyd has posted a first half net loss of EUR142.1 million (US$158.3 million) based on revenues of EUR3.7 billion, which fell 18.9 per cent year on year. This contrasts with last year's net profit of EUR157.2 million. "The first-half result is disappointing," said Hapag-Lloyd CEO Rolf Habben Jansen. 

  • Operation and Maintenance of Vessels
    Vessel movement in seaside waters is for the most part corresponding to the level of urbanization and port and harbor improvement inside a specific range. Benthic, shoreline, and pelagic environments may be aggravated or adjusted by vessel use, bringing about a course of combined effects in overwhelming activity zones (Barr 1993).
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