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Hapag-Lloyd Aktiengesellschaft ETR: HLAG said its financial and operational performance improved substantially in the second quarter after what Chief Executive Officer Rolf Habben Jansen described as an “unsatisfactory” first quarter, supported by stronger transport volumes, higher freight rates and resilient demand on major trade lanes.

The earnings growth comes after operational disruptions weighed on the first quarter, and was mainly driven by robust exports out of Asia and better U.S. demand.