Hapag-Lloyd made new deficit in 1st quarter

Hapag-Lloyd's operating result moved in the wrong direction in the 1st quarter 2014. The carrier's net result was weighed down by acquisition of Chilean CSAV.

Photo: Hapag-Lloyd

Major German container carrier Hapag-Lloyd, which recently merged with Chilean CSAV, finished the first quarter 2014 with an operating deficit of EUR 63.2 million, compared to a deficit of EUR 53.2 million in the same period last year.

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