Hapag-Lloyd has seen a 6% increase in revenues during the first quarter of 2020, mainly due to an increase in transport volumes, despite the coronavirus pandemic.
Transport volumes increased by 4.3% to more than 2m teu, with an improved freight rate of US$1,094 per teu.
However transport expenses increased by almost 10%, disproportionately to revenues, particularly due to higher bunker costs.
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