Hapag-Lloyd AG, HLAG GR : Valuations discounting challenging market en...

We believe the near-to-medium term outlook for the container shipping industry is marred by oversupply, which will continue to plague the sector in the foreseeable future. However, Hapag Lloyd’s well-diversified presence across routes reduces the risk from the slump on a particular trade lane. The company is among the top five liner companies in capacity terms, and its large scale of operations accompanied by synergies from cost saving programmes will ensure that it remains profitable despite ...