Shipping companies posting profits for the first half of 2017

[Deano C125]

Hapag-Lloyd have posted a profit for the first half of this year. The last few years have been challenging with overcapacity and pricing wars between other companies.

 https://theloadstar.co.uk/hapag-lloyd-h1-results-average-freight-rate-hit-integration-uasc/

Cosco have been struggling to stay afloat in recent years but good news, they have posted a profit for the first 6 months of 2017 but as they are still in talks with OOCL to aquire them. Could it backfire? Would OOCL want to give up their flight on top with with the world's largest container ship?

http://splash247.com/cosco-still-hunt-mergers-acquisitions/