HAMBURG. Despite the current uncertainties in international shipping, Hapag-Lloyd aims to generate earnings before interest and tax of between €500m and €1bn this year. This was confirmed by chief executive Rolf Habben Jansen at the company’s virtual AGM in June. As a result of the pandemic, the Hamburg container shipping company expects lower freight volumes than last year, but also lower fuel costs. The forecast was nonetheless based on the assumption that the peak of the pandemic has passed.
Photo: Hapag-Lloyd
