Hapag-Lloyd managed to stay in the black in the third quarter, but CEO Rolf Habben Jansen warned that unless spot rates recovered quickly, the carrier faced “some challenging quarters in a subdued market environment”.
Indeed, based on its updated guidance for a full-year operating profit of between $2.4bn and $3.4bn, the German carrier could be trading in the red this quarter, based on the ebit achieved by the end of September, …
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