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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

Further reading

Related articles

Latest news

See all jobs