Author: World Maritime News

Hapag-Lloyd Downgrades Profit Forecast for 2018 0

Hapag-Lloyd Downgrades Profit Forecast for 2018

zoomImage Courtesy: Hapag-Lloyd[2][1]
German container shipping line Hapag-Lloyd has lowered its profit forecast for the financial year 2018 amid increasing operational costs.
This in particular relates to fuel related costs and charter rates combined …

ESL Shipping to Buy Sweden’s Shipping Firm AtoB@C 0

ESL Shipping to Buy Sweden’s Shipping Firm [email protected]

zoomImage Courtesy: ESL Shipping[2][1]
Finnish dry bulk shipping company ESL Shipping is to acquire all the outstanding shares of Sweden’s shipping company [email protected]
The company said that the enterprise value is EUR 30 million (USD 34.9 million). The f…