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Hapag-Lloyd's market value now bigger than its competitors' combined

In one year, Hapag-Lloyd's share has increased by more than 600 percent, and the German shipping line's market value is now greater than the other nine listed container carriers combined.

Photo: PR / Hapag-Lloyd

While the coronavirus crisis has shaved billions off the market value of the biggest container shipping lines, the situation at German Hapag-Lloyd is the opposite.

When the container line presented its annual report last week, its share price increased to EUR 187, and the share had thus increased 630 percent in one year, reports Alphaliner.

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