Hapag-Lloyd’s profit skyrockets to US$6.7 billion

Hapag-Lloyd has concluded the first nine months of 2021 with an EBITDA of US$8.2 billion, while the EBIT was also much higher than in the prior-year period, at US$6.9 billion and the company’s profit improved to US$6.7 billion.

At the same time, revenues rose in the first nine months of the year by approximately 70%, to US$17.9 billion.

The rise can primarily be attributed to a higher average freight rate of US$1,818/TEU, which is mainly the result of persistently high demand for container...

https://container-news.com/hapag-lloyds-profit-skyrockets-to-us6-7-billion/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon