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  Articles

  • Hapag-Lloyd posts US$158.3 million net loss as revenue sinks 18.9pc
    GERMAN shipping giant Hapag-Lloyd has posted a first half net loss of EUR142.1 million (US$158.3 million) based on revenues of EUR3.7 billion, which fell 18.9 per cent year on year. This contrasts with last year's net profit of EUR157.2 million. "The first-half result is disappointing," said Hapag-Lloyd CEO Rolf Habben Jansen. 

  • AP Moller-Maersk A/S
    The compartment shipping arm of Danish aggregate AP Moller-Maersk A/S says the organization saw solid development in delivery volumes from Asia to whatever is left of the world in the principal weeks of the year, sounding a positive tone for an industry as yet battling with frail interest and overcapacity.
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