Hapag-Lloyd fell deeper into the red in the first half of 2018 and warned of significant geopolitical uncertainty clouding the rest of the year.
Analysts said Hapag, which issued a profit warning in June, produced results broadly in line with consensus but cautioned further downward revisions to market expectations were a possibility.
Rolf Habben Jansen, chief executive of Hapag-Lloyd, said the company has responded to the difficult market conditions with further cost cuts.
