Hapag-Lloyd will see billion-dollar profits this quarter and the next, as even higher freight rates kick in across global tradelanes.
Boosted by an ebitda of $1bn, and a net profit of $463m, in the final quarter, the German carrier posted a profit of $1.1bn for last year, compared with $418m the previous year.
But it said it expected profitability to “significantly increase” this year, and has issued guidance of an ebitda of …
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https://theloadstar.com/hapag-lloyd-profits-triple-and-soaring-rates-promise-billions-more-in-2021/