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A third quarter performance “at the upper end of our expectations” saw Hapag-Lloyd recover all of its first-half losses to end the nine-month period $15m in the black.

“We have seen a positive development in the third quarter and also ended on a positive net result after nine months,” said chief executive Rolf Habben Jansen.

Hapag-Lloyd carried 3.1m teu on its 222-ship fleet during the third quarter, nearly a 9% increase on the same period of last year, at an average freight ...

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  • Distrait

    November 08, 2018 at 2:52 pm

    It would interesting to read about refiner’s strategy in the wake of IMO2020.
    Since apparently majority of vessels will rely on LSFO, do they will have enough production to cope with demand ? and also what do they intend to do with their HSFO excesses ?