HAPAG-LLOYD SHIPPING COMPANY
Symbol HAPAG-LLOYD OTC Code N/A Type of Trade GCC
Date of last trade/ date of last hybrid deal:  
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Company Name HAPAG-LLOYD SHIPPING COMPANY
Sector Services
Sub-sector Transportation & Logistics
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 26 June 1968
Company purpose
  • Conducting regular and irregular shipping agency operations.
  • Providing ships with all necessary spare parts, supplies, food items, and other requirements.
  • Conducting ship maintenance.
  • Offering necessary services for importers, exporters, and traders to organize the transportation of their goods by land, air, and sea.
  • Acting as an agent and owning towboats, tugs, and dinghies.
  • Handling rescue operations, commission, brokerage, customs clearance, and coordination of cargo loading onto ships.
  • Participating in tenders on behalf of a shipping company regardless of its type.
  • Performing all brokerage, commission, ship buying and selling operations, and related transportation activities, ship surveys, and cargo handling.
Company profile The company United Arab Shipping Company "Hapag-Lloyd" was established as United Arab Shipping Agencies Co. K.S.C.C on June 26, 1968, as a closed Kuwaiti shareholding company with a capital of KD 500,000, divided into 5,000,000 shares with a value of 100 fils each. The company was registered under commercial record number 15015.

Company Capital:
  • The authorized, issued, and fully paid-up capital of United Arab Shipping Company "Hapag-Lloyd" for the financial year ending on December 31, 2022, remains at 500,000 KD, distributed among 50,000 shares with a nominal value of KD 10 per share, all of which are cash shares.
  • Hapag-Lloyd owns a fleet with a total capacity of 1.6 million standard containers, in addition to a container fleet comprising over 2.3 million TEUs (twenty-foot equivalent units), including one of the world's largest and most modern refrigerated container fleets. The company's global service network encompasses over 130 regular shipping services, ensuring fast and reliable transport lines connecting all continents.
  • The ownership of Hapag-Lloyd is divided among various entities, including CMA CGM with 22.6%, Kühne Maritime with 17.6%, Hamburg City with 14.9%, Qatar Investment Authority with 14.4%, and the Public Investment Fund on behalf of the Kingdom of Saudi Arabia with 10.1%, alongside public shareholders with 20.4% ownership. (Please note that the percentages are approximations and public shares include entities with less than 5% ownership.)
Shareholding records Gulf Custody Company (GCC)
Auditor
Date of joining the OTC Platform
Type of deal Private
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 10 December 2024
Location

Shuwaikh-International Airport Street-next to Zain company-United Arab navigation building

Tel

1839999- 24849265- 24849520- 24848190

Fax

24849516- 24843362

Email Address

gencom.uasac@uasc.com.kw

Website

www.uasc.net

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If a company wishes to remove the available information from this website, the management of the company can do so through the provided link and by contacting Almowazi telephonically on the numbers provided on its website.

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