Port News & Information Mediterranean, Black & Caspian Seas

Hapag-Lloyd reports strong first quarter

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Hamburg, Germany (Ports Europe) May 12, 2022 – Hapag-Lloyd AG has reported a strong performance in the first quarter of 2022. In a strong set of results, revenues increased to €8.0 billion, primarily due to a much higher average freight rate of 2,774 USD/TEU (Q1 2021: 1,509 USD/TEU) and a stronger US dollar. First-quarter net…

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