Hapag-Lloyd stays bullish despite loss-making first quarter

After sliding back into the red in the first three months of the year, and predicting a “tough” second quarter, Hapag-Lloyd is bullish about the prospects of a recovery in the second half.
The German carrier loaded 2.9m teu in the first quarter, which is 48% higher than the same period of 2017, however excluding the merger of UASC, on a like-for-like basis volumes grew at a below market level of …

The post Hapag-Lloyd stays bullish despite loss-making first quarter appeared first on The Loadstar.

Source: The Loadstar

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