Revenue was EUR 3.21bn, EUR 144m lower than a year ago, due to the poor freight rate development and the much weaker US dollar.
The German liner operator managed to trim its transport expenses by EUR 79m to EUR 2.9bn despite volumes increasing 5.6% to 2.9mteu.
Overall, transport expenses per teu averaged at $1,372 in the first half of 2014, $57 per teu less than the prior year period.
“The
