
Hapag-Lloyd Sees Drop in 2016 Operating Profit
On the back of a prolonged depression in the container shipping market, the German shipping giant Hapag-Lloyd reported a 65.6 percent drop in its 2016 operating result (EBIT).
Bremen Express Loses Unknown Number of Containers at Sea
An undisclosed number of containers fell from the 8,750 TEU containership Bremen Express “for reasons yet to be determined,”according to German shipping firm Hapag-Lloyd.