News / Cheaper fuel and cost-cutting steers Hapag-Lloyd to a 73% rise in Q3 profits

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Hapag-Lloyd recorded a net Q3 profit of $290m, up 73%, to take the carrier’s profit for the nine-month period to $605m, nearly double the $333m achieved the previous year.

However, the carrier’s most profitable quarter could be yet to come, given that Hapag-Lloyd’s accounting system works ...