Hapag-Lloyd’s third-quarter turnaround sees it steam back into profit

November 8, 2018 Mike Wackett

A third quarter performance “at the upper end of our expectations” saw Hapag-Lloyd recover all of its first-half losses to end the nine-month period $15m in the black.
“We have seen a positive development in the third quarter and also ended on a positive net result after nine months,” said chief executive Rolf Habben Jansen.
Hapag-Lloyd carried 3.1m teu on its 222-ship fleet during the third quarter, nearly a 9% increase on ...

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