03
Dec

Hapag-Lloyd expects lower profitability in fourth quarter

Hapag-Lloyd expects lower profitability in the fourth quarter but still at a “good level”, after freight rates peaked in the third quarter, Rolf Habben Jansen, the CEO of the German shipping company, said at a press conference on Monday. Habben Jansen also expects disruptions in the Red Sea linked to Houthi militants to continue well …