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You are here: Home Archive 2010 February Weekly Edition 4th February 2010 Hapag-Lloyd may not need state aid package

Hapag-Lloyd may not need state aid package

by Patrick Hagen, Cologne last modified Feb 09, 2010 09:29 AM

GERMANY’S leading container line, Hapag-Lloyd, reported a near breakeven result in the fourth quarter of 2009, industry sources said.

“The outcome for the full year will be almost at the same level as the figures for the first three quarters,” sources told Lloyd’s List.
In the first three quarters, Hapag-Lloyd posted an operating loss of €675m (US$948m).
The figures...

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