Hapag-Lloyd is a global organization with five regional headquarters, in Hamburg, Piscataway, Valparaíso, Singapore and Dubai. The Group's headquarters is located in Hamburg, where the Board of Directors also resides. The Group's organization has a very clear organizational structure with short channels for decision making, guaranteeing efficient work processes. 226 modern ships, 9.8 million TEU (twenty-foot equivalent unit) transported annually, about 12,000 motivated employees in 389 offices in 127 countries. Hapag-Lloyd is one of the leading shipping companies worldwide and a powerful ally for you. Hapag-Lloyd offers a fleet with a total capacity of 1.6 million TEUs, as well as a container stock of more than 2.5 million TEUs including one of the largest and most modern refrigerated container fleets in the world. A total of 120 line services worldwide, ensuring fast and reliable connections between more than 600 ports on all continents. The owners of Hapag-Lloyd are: CSAV (25.8%), Klaus-Michael Kühne (incl. Kühne Holding AG and Kühne Maritime GmbH) (25.0%), Hamburger Gesellschaft für Vermögens- und Beteiligungsmanagement mbH (13.9%), the Authority of Qatar Investments (14.5%), the Public Investment Fund on behalf of the Kingdom of Saudi Arabia (10.2%) plus a free float of 10.6% (the percentages have been rounded and the free float includes institutional investors with a participation of less than 5%).