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Hapag Lloyd AG (HLAG.DE)

HLAG.DE on Xetra

16 Feb 2018
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Thu, Jan 18 2018

Hapag-Lloyd sees shipping transport demand up, more mergers in 2018

HAMBURG, Jan 18 German shipping group Hapag-Lloyd sees demand for transport growing 4 percent in 2018 and expects more shipping firms to merge in the year, the chief executive said.

UPDATE 2-Hapag-Lloyd sticks to 2017 outlook, outpacing Maersk

* Shares rise as much as 15 pct (Recasts, adds comments from CEO, shares)

UPDATE 1-Hapag-Lloyd sees dividend on the horizon as shipping markets improve

* More consolidation underway in world market (Adds details from analysts call and interview)

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