Hapag-Lloyd prevails in adverse market environment
competition, rates/cost increases due to high oil price and weak dollar depressing result of the container line Hapag-Lloyd: The Hamburg-based shipping group Hapag-Lloyd is operating in an ever more fiercely competitive environment. EBIT came to EUR 42.1million in the first half of 2011 after EUR 218.1 million in the previous annual period. “Profitability was depressed…