Hapag-Lloyd 2018: Group net result significantly improved, proposed dividend of 15 cents per share

Hapag-Lloyd has disclosed its 2018 annual report. Based on the audited figures, the group net result increased to EUR 46 million for the year 2018 and was EUR 13 million higher compared to the previous year (2017: EUR 33 million). Earnings before interest, taxes, depreciation and amortisation...


U.S. Coast Guard Offloads $360M in Cocaine in Miami

On Friday, the crew of the Coast Guard cutter Tampaoffloaded about 27,000 pounds of cocaine at Coast Guard Base Miami Beach, worth an estimated $360 million wholesale. It is the latest in a long series of multi-tonne drug seizures taken in the Eastern Pacific's busy trafficking zone.

The drugs were seized off the coasts of Central and South America, and they represent the results of a dozen separate smuggling vessel interdictions. Three cutters contributed to the haul: the cutter Dependableinte...