Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
Photo: Hapag-Lloyd
Hapag-Lloyd saw its revenue and profits battered over the first half of the year.
H1 24 group revenue was down 12% year on year, to $9.5bn, while Ebit plummeted more than 68%, to just $879m.
This compares with the $2.8bn made a year earlier, and sees group profit in the doldrums, at $791m, a near-75% drop on H1 23’s result.
Despite the spiralling results, CEO Rolf Habben Jansen stayed bullish and, delivering what one analyst ...
Comment on this article