Hapag-Lloyd unveils Strategy 2030, with $120m retrofit plan for 'greener' fleet
Hapag-Lloyd and non-operating shipowner Seaspan have announced a $120m investment to retrofit five 10,000 teu ...
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 ...
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Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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