Hapag-Lloyd 9-mth net profit more than doubles to US$13.8b

Capt. John

GERMAN container shipper Hapag-Lloyd said nine-month net profit more than doubled thanks to higher freight rates and the company also stuck with its full-year guidance despite what it said was a more muted market, reports Reuters. Disruptions to global supply chains, originally caused by the coronavirus pandemic, have resulted in longer turnaround times for ships and containers, pushing up rates. But by the end of the third quarter, weaker demand for container transport had become noticeable,...

https://www.seanews.com.tr/hapag-lloyd-9-mth-net-profit-more-than-doubles-to-us-13-8b/194975/

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