Let's talk about the popular Hapag-Lloyd Aktiengesellschaft ( ETR:HLAG ). The company's shares led the XTRA gainers...
Hapag-Lloyd (ETR:HLAG) has had a great run on the share market with its stock up by a significant 27% over the last...
FRANKFURT (Reuters) -German container firm Hapag-Lloyd on Wednesday raised the lower end of its 2024 outlook amid rising demand and freight rates, but posted an 84% drop in first-quarter net profit. Commercial shipping has faced global disruptions, including in the Red Sea region, where operators are avoiding the Suez Canal because of attacks on vessels by Yemen-based Houthi militants. The crisis has raised freight rates because alternative trips around Africa's southern tip are longer and expensive.