ShippingWatch

Hapag-Lloyd seeing first signs the container market has peaked

The container line reports an extraordinary start to 2022, with an operating result of USD 5.3bn in the first quarter. CEO Rolf Habben Jansen also expects a strong second quarter, although there have been initial signs that the market has peaked.

Photo: PR / Hapag-Lloyd

German container line Hapag-Lloyd had an ”extraordinarily strong start” to 2022 with a first-quarter operating result (EBITDA) of USD 5.3bn against USD 4.7bn in the same period last year.

The carrier is also seeing the first signs that the container market has peaked, according to a financial statement.

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

HMM doubled revenue in Q1

South Korean container line HMM follows the trend of European competitors, which have already presented their first-quarter financials. Revenue doubled in a significant surge.

Further reading

Related articles

Latest news

See all jobs