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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).

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