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Hapag-Lloyd sticks to annual forecasts

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

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“Port Investments Study 2024” published

“Port Investments Study 2024” published

PARIS. At its annual conference in Paris in late April, the European Sea Ports Organisation (ESPO) released the results of its Port Investments Study 2024, according to which the European port management authorities’ investment needs will rise to 80 billion euros in the next ten years.

read more
“Port Investments Study 2024” published

“Port Investments Study 2024” published

PARIS. At its annual conference in Paris in late April, the European Sea Ports Organisation (ESPO) released the results of its Port Investments Study 2024, according to which the European port management authorities’ investment needs will rise to 80 billion euros in the next ten years.

read more