News / More positive Hapag-Lloyd chief shrugs off 2016 $100m loss

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Hapag-Lloyd recorded a profit of $46m in the final three months of 2016– a recovery too little too late to prevent the carrier suffering a full-year net loss of $103m.

At an analyst and investor conference call on Friday, chief executive Rolf Habben Jansen said 2017 had “got off to a good start”, but a sustained recovery was “not going to be a quick fix”.

He said: “We expect some market improvement in 2017, but our success will largely depend on our ability ...