Port News & Information Mediterranean, Black & Caspian Seas

Hapag-Lloyd updates forecast for financial year 2020

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Performance of container shipping market and Hapag-Lloyd in Q3 much better than anticipated Compared to Q2 much stronger demand and higher revenues in Q3 Performance Safeguarding Program running successfully On the basis of preliminary figures, Hapag-Lloyd’s earnings before interest and taxes (EBIT) for the third quarter 2020 significantly increased to around EUR 350 million (2019:…

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