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 books income growth last year, looks to higher earnings in 2019

Global liner shipping company Hapag-Lloyd announced a group net income of EUR46 million (almost US$52 million) in 2018, which is EUR13 million higher than…

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 earnings in the first half

German box carrier Hapag-Lloyd reported a significantly better operating result in the first half of 2017, supported by freight rate recovery as well as…

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 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…

Depressed rates push CMA CGM, Hapag-Lloyd into red territory

Despite volume growth, French liner CMA CGM reported a net loss of US$100 million in the first quarter of 2016 from a net profit…