Containerships

Hapag-Lloyd blames weakening demand as profits halved

Lower volumes and freight rates and higher costs hit German carrier

“Despite declining results, we have made a robust start to the current financial year,” said Hapag-Lloyd CEO Rolf Habben Jansen.
“Despite declining results, we have made a robust start to the current financial year,” said Hapag-Lloyd CEO Rolf Habben Jansen.Photo: Jorg Brockstedt/SeeSaw Photo Agency
London
Published 11 May 2023, 07:06Updated 11 May 2023, 07:06
Hapag-LloydRolf Habben JansenHamburgGermanyContainer freight rates