Hapag-Lloyd in the red in "challenging market environment"

Hapag-Lloyd saw gains in the first quarter of this year following its merger with UASC last year, growing on EBITDA while the bottom line remains at a deficit. "The market environment is challenging," says CEO Rolf Habben Jansen.

by LOUISE VOGDRUP-SCHMIDT

Major German container carrier Hapag-Lloyd benefited from the effects of the merger with UASC in the first quarter of 2018.

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