Maersk reports improved earnings; Hapag-Lloyd achieves ‘respectable results’

Despite lower container demand, A.P. Moller-Maersk reported improved profitability across the business in the third quarter, while Hapag-Lloyd achieved good results in the first…

Hapag-Lloyd improves H1 profit on higher volumes, freight rates

Germany’s largest container shipping liner Hapag-Lloyd has reported significantly higher earnings in the first half of 2019 as against the same period of the…

Hapag-Lloyd reports significantly improved Q1 earnings

Hamburg-based Hapag-Lloyd announced that its first-quarter 2019 financial performance is a significant improvement over the same period last year, citing an increase in volumes…

Hapag-Lloyd widens loss in first half amid a ‘challenging market’

Global shipping line Hapag-Lloyd announced a deeper net loss of EUR100.9 million (US$115.2 million) in the first half of this year, which is EUR58.2…

Hapag-Lloyd cautiously upbeat after logging profit in 2017

German ocean carrier Hapag-Lloyd said it achieved positive income growth and more than tripled its operating result (EBIT) in 2017 compared to 2016, spurred…

Hapag-Lloyd delivers higher profit as UASC synergy brings gains

German ocean liner Hapag-Lloyd closed the third quarter of 2017 with a significant positive group net profit and a much improved operating result (EBIT)…

Hapag-Lloyd registers wider loss in Q1

German ocean box liner Hapag-Lloyd saw a bigger net loss in the first quarter of this year compared to the same period a year…

Hapag-Lloyd banks on alliance and UASC merger to boost 2017 earnings

After recording a net income of EUR113.9 million in 2015, German box line Hapag-Lloyd suffered a loss of EUR93.1 million (US$100.9 million) in 2016…

Hapag-Lloyd reaps profit and APL narrows losses despite challenging conditions

German box liner Hapag-Lloyd said it made a profit in 2015 in line with expectations, while Singapore-based Neptune Orient Lines (NOL) said it was…