Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
Despite the pandemic, Hapag-Lloyd recorded a net profit of $287m in the second quarter of the year. This compares with a $56m profit for the same period of 2019.
And for the half-year, the carrier reported a net profit of $314m, versus $165m last year, a 90% jump in profitability.
At ebit level for the first half, there was an improvement of 28%, to $563m.
Chief executive Rolf Habben Jansen said the group had produced “a very solid half-year result, despite the coronavirus ...
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