hapaglloyd
German shipping giant Hapag-Lloyd expects to make a profit in 2024, the company said on Wednesday. After strong business developments in the first quarter, the company said its expected earnings before interest and taxes (EBIT) would range between breaking even and €1 billion ($1.08 billion). Previous estimates had included a potential loss of €1 billion. Hapag-Lloyd said its forecast is subject to a high degree of uncertainty due to highly volatile transport prices and major geopolitical changes. The company suffered a significant drop in earnings in the first quarter as turnover fell by almo...
DPA
Germany's Hapag-Lloyd is aiming to expand its stakes in terminals around the world, chief executive Rolf Habben Jansen said in Hamburg on Tuesday in outlining the shipping company's new business strategy. "Our aim is to expand our terminal portfolio by up to 10 to 15 terminals by 2030," Habben Jansen said. This would take the number to considerably more than 30. Hapag-Lloyd is aiming to cut costs by up to 20% and reduce CO2 emissions by a third by 2030. Punctuality is to rise from around 50% currently to more than 80%. The aim is to maintain its position as the world's fifth-largest container ...
DPA
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