Hapag-Lloyd remains in red amid 'challenging market'
Fresh off the back of its merger with the United Arab Shipping Company in May 2017, Hapag-Lloyd reported a €34.3m net loss for the first quarter of 2018 compared with the same period last year. Chief executive Rolf Habben Jansen bemoaned adverse market conditions but also expects a better backdrop to emerge later in the year
Hapag-Lloyd chief executive Rolf Habben Jansen says “the market environment is challenging”, with any improvement not expected to have an effect until the second half of the year
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792