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Tailwinds continue at Hapag-Lloyd – boosts earnings in the third quarter

German container shipping line Hapag-Lloyd's earnings increased more than 20 percent in the third quarter despite a drop in volumes. The increase is largely attributable to high demand in Asia and rising rates.

Photo: PR-foto

2020 looks set to become a solid year for German container line Hapag-Lloyd. 

Despite the coronavirus crisis, Hapag-Lloyd has managed to increase its earnings in the first nine months of the year, not least on the heels of a strong third quarter in which Hapag-Lloyd managed to lift its operating result by more than 20 percent to EUR 756 million.

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