Hapag-Lloyd made more money in the third quarter

Germany's Hapag-Lloyd delivers a significantly stronger operating profit for the third quarter as both volumes and rates increased. However, volumes grew less than expected.

Photo: PR / Hapag-Lloyd

The world's fifth-largest container shipping line, German Hapag-Lloyd, reports a stronger third quarter.

Volumes grew less than expected, but increasing rates and lower fuel costs helped deliver an improved operating profit (EBITDA).

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

Further reading

Related articles

Latest news

See all jobs