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Hapag H12023 profit drops to $3.1bn, confirms 2023 forecast
Average freight rate of $1,761/TEU (H12022: $2,855/TEU) was down 38%, volume declined 3.4% YoY to 5.8 million TEUs
Hapag Q1 profit down 57% on lower rates, volumes
Avg freight rate declined 28% to $1,999/TEU (Q12022: $2,774/TEU) due to weaker demand and normalisation of supply chains
