When it comes to maritime industry, Hapag-Lloyd is an old horse with a rich history. Although Hapag-Lloyd, a German-based transportation company, was founded in 1970, its history goes back to the Victorian era. It actually started as two different companies. One of them was Hamburg America Line (HAPAG), founded in 1847, while the other one went by the name, Norddeutscher Lloyd (NDL) or North German Lloyd (NGL), which was formed in 1856. Both companies went through a lot of trouble, economic depression, saw their ships destroyed or handed over to the winning nations in both the world wars and yet survived to become one of the five largest liner shipping companies in the world, owing to their resilient character and tenacious will.
The company is now partly owned by CSAV, Qatar Investment Authority, HGV Hamburger GesellschaftfürVermögens- und BeteiligungsmanagementmbH, kühne Maritime, the Public Investment Fund on behalf of the Kingdom of Saudi Arabia, plus a free float share of 14.5% and has a total of 219 modern ships and transports 9.8 million TEU (Twenty-foot Equivalent Unit) per year, employing 12,500 people from 125 countries.