NewsWelcome to the ‘Hapag-Lloyd Bank’!

August 10, 2023by 0

With core investment-driven shareholders, including billionaire Klaus-Michael Kuehne and Chile’s CSAV, controlling 96.4% of Hapag-Lloyd’s equity capital, there’s one noteworthy, pertinent takeaway from today’s Q2 23 numbers released by the carrier.
And that has less to do with shipping than fund management, confirming previous findings elsewhere in transport and logistics (T&L).
The box line’s numbers, essentially a ‘non-event’ for the stock market where the shares change hands -3% in early trade, point to: higher vessel …

The post Welcome to the ‘Hapag-Lloyd Bank’! appeared first on The Loadstar.

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