Hapag-Lloyd in black in 2015 with EUR 114 million net profit

The German container carrier turned a massive 2014 deficit into a full-year profit for 2015, pointing to reduced costs and synergies from the CSAV takeover as key factors. The carrier is well positioned for 2016, says CEO Rolf Habben Jansen.

by DANIEL LOGAN

Hapag-Lloyd benefited from cost-reduction initiatives and synergies gained from the acquisition of Chilean container unit CSAV in 2015, an otherwise all-time low market for the container sector.

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