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 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 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 reports 66% drop in operating profit in 2016

Despite higher volumes, Hapag-Lloyd witnessed a steep fall in operating profit in 2016 that it traced to “a significantly lower average freight rate.” The…

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…