Hapag-Lloyd racks up massive $3.4bn profit in Q3 – with much more to come

Hapag-Lloyd has posted a huge net profit of $3.4bn for the third quarter, and a cumulative nine-month result of $6.7bn that compares with just $605m earned in the first three quarters of 2020.
Putting the fifth-largest ocean carrier’s earnings into context, that nine-month profit exceeds its return from the whole of the past five years.
And CEO Rolf Habben Jansen said today the carrier’s result for Q4 would be equally strong, and …

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Source: The Loadstar

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