Hapag-Lloyd: 4.22 mln TEU carried in H1 2017 (+14% yoy)

The figure includes almost 0.25 mln TEU from the United Arab Shipping Company (UASC) with whom Hapag-Lloyd merged on May 24th, 2017.

"The market in container shipping remains challenging, but we have managed to make very good progress in the first half year of 2017. We improved profitability significantly and the integration of UASC will be largely completed in the third quarter. That will allow us to start capturing synergies very soon after the integration," Rolf Habben Jansen, CEO, Hapag-Lloyd, commented.