Hapag-Lloyd is building a new container terminal it shall operate in the Egyptian port of Damietta, the company has announced. Hapag-Lloyd has also released its 2022 Q1 results, which show the group's net profit was over three times higher than the same period in 2021.

Hapag-Lloyd to build container terminal in Egypt as Q1 net profit triples

Waberer's financial result for the first quarter of 2022 showed a loss of € 2 million, which is a 1.7 million euro difference from the same period last year, as Waberer's latest financial statements show. The company mainly explains the drop is down to its fleet upgrade and a change in the foreign exchange rate.

Hapag-Lloyd to build container terminal in Egypt as Q1 net profit triples

Waberer’s momentum stalls as Q1 net income falls by 36%