Ship docked at Port of Hamburg. File photo courtesy Hamburg Süd
BERLIN, March 7 (Reuters) – German container shipper Hamburg-Süd expects to increase sales and volumes this year, Wirtschaftswoche reported on Saturday, citing chief executive Ottmar Gast.
Hamburg-Süd, part of Oetker Group, may increase shipping volumes by a fifth after a 2.5 percent increase in 2014, Gast said.
Sales may rebound after sliding to 5.1 billion euros ($5.53 billion) last year on lower prices and currency effects from 5.2 billion in 2013, the CEO said, without being more specific.
“We were profitable last year and that’s also our goal for 2015,” Gast said. ($1 = 0.9223 euros) (Reporting by Andreas Cremer; Editing by Stephen Powell)
© 2015 Thomson Reuters. All rights reserved.
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
The Philippines is open to any additional agreements with Beijing that can help maintain peace in the South China Sea, its top diplomat said, amid unabated confrontations between them over disputed features.
Mitsui OSK Lines Ltd. is seeking help from the Japanese government after a surprise decision by the European Union to sanction three of its liquefied natural gas tankers linked to a Russian project.
ATHENS, May 23 (Reuters) – A Greek naval court has charged 17 coast guard officers over one of the Mediterranean’s worst shipwrecks two years ago, in which hundreds of people are believed...
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
