Hapag-Lloyd had positive Q3 in tough 2016

Hapag-Lloyd achieved a positive bottom line in the third quarter this year following deficits in the first two quarters. "We are on the right track," says CEO Rolf Habben Jansen in a comment on the result.

Photo: PR-foto/Hapag-Lloyd

2016 has been unsatisfactory so far for Hapag-Lloyd, which merged with UASC earlier this year however is being weighed down by low container rates like its competitors. But the third quarter brought a positive bottom line and thus offered a bright spot on the horizon in contrast with the first two quarters, according to Hapag-Lloyd's third quarter interim report.

Hapag-Lloyd's revenue in the third quarter came to EUR 1.92 billion, down from EUR 2.13 billion in the same period last year. The net result for the period climbed to EUR 8.2 million against EUR 3.2 million in the third quarter 2015.

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