Germany's Hapag-Lloyd has emerged as the latest liner company to lift its 2020 earnings forecast as a result of the unexpectedly strong container market.
The boxship operator has lifted its Ebitda guidance to between €2.4bn and €2.6bn ($2.8bn to $3bn) for the full financial year.
That is up from estimates of between €1.7bn and €2.2bn in August.
Strong demand and higher revenues had led to a much better-than-expected third quarter of the year.
