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Hapag Lloyd AG (HLAG.DE)

HLAG.DE on Xetra

26.70EUR
11 Dec 2018
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Tue, Jul 10 2018

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Hapag-Lloyd CEO says sees no big shipping mergers at moment

FRANKFURT The chief executive of German container shipping liner Hapag Lloyd said he was not aware of major merger activities in the sector a day after a Reuters report said his company had been approached by French rival CMA CGM [CMACG.UL].

Hapag-Lloyd CEO says cutting costs as fuel prices rise

FRANKFURT German shipping company Hapag-Lloyd is cutting costs to cope with a rise in fuel prices that led it to slash full year earnings forecasts last month, its chief executive told shareholders on Tuesday.

UPDATE 1-Hapag-Lloyd CEO says cutting costs as fuel prices rise

* Mid-term fundamentals positive, but trade wars a threat (Adds reference to M&A talk, business environment)

Hapag-Lloyd CEO vows to stress cost management

FRANKFURT, July 10 German shipping company Hapag-Lloyd is to cut costs to combat runaway price increases in bunker fuels that caused it to slash full year earnings forecasts last month, its chief executive told shareholders on Tuesday.

Exclusive: France's CMA CGM made merger approach to Germany's Hapag-Lloyd - sources

LONDON/FRANKFURT The world's no. 3 container shipping line, CMA CGM of France, has made an exploratory approach to German rival Hapag-Lloyd over a possible merger as players in the sector hunt for tie-ups to beat depressed conditions, finance sources say. | Video

Hapag-Lloyd slashes profit forecast as freight rates struggle to recover

FRANKFURT, June 29 German container shipping line Hapag-Lloyd slashed its full-year profit forecast, saying that freight rates had recovered more slowly than expected while fuel and charter costs had ballooned.

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