Hapag-Lloyd Aktiengesellschaft (HLAG.DE), Friday announced a contract with the Chinese shipyard CIMC Raffles for the construction of eight new container ships, with each having a capacity of 4,500 TEU.
With investment volume of over $500 million, the contract is expected to be delivered in 2028 and 2029.
The contract comes in line with the company's goals of being a driver of sustainability in container shipping and to the gradual decarbonization of its fleet.
Currently, Hapag-Lloyd's stock is trading at 124.60 euros on the XETRA.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.