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Hapag-Lloyd posts 3% lower net profit in first half

German container shipping company Hapag-Lloyd, the world's fifth largest, today posted a 3.1% decline in its first-half net income to €709m and brought down the top of its full-year earnings forecast range, citing geopolitical uncertainty.

Business • 14 Aug

Hapag-Lloyd, with a fleet of 299 container vessels, is the world's fifth largest shipping liner

Hapag-Lloyd posts 19% lower net profit in 2024

Container shipping liner Hapag-Lloyd has today reported an 18.9% lower net profit for 2024 and proposed a 11.4% cut in its divided from 2023, citing lower interest income and higher tax expenses.

Business • 20 Mar

Germany's Hapag-Lloyd is the world's fifth biggest container shipping liner

Hapag-Lloyd keeps recently raised outlook

German container firm Hapag-Lloyd has posted a 47% drop in net profit for the first nine months of 2024 but retained its recently raised earnings outlook for the full year, citing higher transport volumes driven by demand.

Business • 14 Nov 24

First quarter net profit at the world's number five container shipping operator fell to €299m from €1.747 billion a year ago

Hapag-Lloyd posts 84% drop in first quarter profits

German container firm Hapag-Lloyd has today posted an 84% drop in first-quarter net profit but raised the lower end of its 2024 outlook amid rising demand and freight rates.

Business • 15 May 24

The Red Sea conflict negatively impacted transport volumes at the end of 2023

Hapag-Lloyd Q4 earnings plunge as Red Sea attacks weigh

Hapag-Lloyd has today posted a wider-than-expected fourth-quarter operating loss due to lower transport volumes following the attacks on ships in the Red Sea, sending the container shipping group's shares down sharply.

Business • 30 Jan 24

Hapag-Lloyd said it plans to continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea

Hapag-Lloyd to offer land transit through Saudi Arabia

German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said today.

Business • 22 Jan 24

Maersk had on Sunday paused all Red Sea sailings for 48 hours following attempts by Yemen-based Houthi militants to board one of its ships

Shipping firms continue to pause Red Sea shipments

Denmark's Maersk and German rival Hapag-Lloyd said their container ships would continue to avoid the Red Sea route that gives access to the Suez Canal following a weekend attack on one of Maersk's vessels.

Business • 03 Jan 24

Hapag-Lloyd has decided to continue diverting its vessels around the Suez Canal for security reasons

Hapag-Lloyd, Japanese firms continue Suez re-routing

Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson for the German container shipper said today, adding that a further assessment would be made on January 2.

Business • 29 Dec 23

Maersk is to impose extra charges after deciding to re-route ships following attacks on vessels in the Red Sea

Shipping firms impose surcharges over Red Sea incidents

Maersk and CMA CGM, two of the world's largest shipping firms, will impose extra charges after deciding to re-route ships following attacks on vessels in the Red Sea, as worries about the disruption to global trade grow.

Business • 22 Dec 23

Hapag-Lloyd has reported a net profit of €3.2 billion for the first nine months of 2023, down by 77% from a year ago

Hapag-Lloyd posts 77% drop in 9-month net profit

German container shipper Hapag-Lloyd has today posted a net profit of €3.2 billion for the first nine months of 2023, down by 77% from a year earlier, and cut its forecasts for full-year earnings.

Business • 09 Nov 23

The world's fifth biggest operator said net profit climbed to €5.6 billion in the nine months from January to September from €538m a year ago

Hapag-Lloyd's nine-month net profit soars 10-fold

German container shipping line Hapag-Lloyd has today reported a more than 10-fold surge in nine-month net profit, citing record freight rates amid scarce transport capacity and rising transport volumes.

Business • 12 Nov 21

Hapag-Lloyd was boosted by stable freight rates and low fuel prices but warned the Covid-19 pandemic remains a challenge

Hapag-Lloyd's 9 month profit soars 81%

German container shipping line Hapag-Lloyd has reported an 81.1% surge in net profit for the first nine months of the year, boosted by stable freight rates and low fuel prices but it warned the Covid-19 pandemic remains a challenge.

Business • 13 Nov 20

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