Breaking the million mark: Hapag-Lloyd’s charter fleet reaches new heights

Hapag-Lloyd reports that it has achieved a significant milestone in its fleet expansion journey. In mid February, addition of the 2,433 TEU vessel ‘Little Concert’ (built 2023) to its charter fleet propelled the company’s charter fleet capacity beyond the 1 million TEU threshold for the first time in company history.

The vessel has been chartered from the Greek Ship Owners Minerva. ‘Little Concert’ has phased into the Taiwan Express (TWX) service, operating between Singapore, Taichung, Kaohsiung, and Tanjung Pelepas.

With this latest acquisition, Hapag-Lloyd’s charter fleet now stands at slightly above 1 million TEU, a benchmark it intends to maintain as it continues growing its global network. 

This achievement follows another remarkable milestone earlier this year. In January, Hapag-Lloyd surpassed 300 ships in its fleet for the first time, reflecting an 18.7% increase in total capacity in 2024. Its total fleet capacity now stands at 2.3 million TEU, underscoring its commitment to sustainable growth and enhanced service reliability. 

“These milestones mark a new chapter in Hapag-Lloyd’s journey, reinforcing our position as a leading global shipping company,” said Philipp Joerss, Senior Director Vessel Portfolio Management. “We continue to modernise our fleet which not only enables us to provide our customers transport solutions that deliver on our number one for quality promise but also supports our new Gemini partnership goal for 90% schedule reliability.

“Last and certainly not least,” he added, “these modern and efficient vessels help achieving our decarbonisation target of reducing absolute CO2e emissions by 1/3 until 2030.”