Hapag chief bullish on demand growth, 'thanks to higher schedule reliability'
Hapag Lloyd expects its above-average Q1 market growth to sustain in Q2, CEO Rolf Habben ...
Reaction in the financial markets said it all when AP Møller-Maersk Group (APMM) and Hapag-Lloyd reported their quarterly figures on 7 and 14 November respectively.
APMM stock fell 7% in just one trading session, while Hapag shares soared over 10% at one point soon after its trading update was published. But that rally was short-lived and the hefty paper gains were swiftly pared in less than 24 hours.
Volatility in their share prices is not just a nuisance for the trade. It ...
Keep our news independent, by supporting The Loadstar
Four crew members still missing as Wan Hai 503 continues to burn
Explosions and 'out-of-control' fire reported on Wan Hai box ship
Carrier price hikes hold, driving spot rates higher as space gets scarcer
Predatory rivals circle as the ripples from DSV's Schenker buy widen
MSC Elsa crew face criminal probe, as Wan Hai 503 firefighters battle on
'It's driving us mad', say forwarders as US court fails to end tariff turmoil
Transpacific rates ease as capacity boost proves too much for trades to digest
Comment on this article