Nov 09, 2023 / 10:00AM GMT
Operator
Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the Hapag-Lloyd Analyst and Investors 9 Month 2023 Results Conference Call. Hapag-Lloyd is represented by Rolf Habben Jansen, CEO, and Mark Frese, CFO.
(Operator Instructions) I would now like to turn the conference over to Rolf Habben Jansen, CEO.
Rolf Habben Jansen - Hapag-Lloyd Aktiengesellschaft - Chairman of the Executive Board & CEO
Thank you very much and thanks, everyone, for making the time to join us here this morning. We would be very happy -- we're happy to give you an update on the last quarter and also try to look a little bit ahead. I mean, maybe a couple of opening remarks.
I think when we look back at the quarter, the first thing, of course, is freight rates remain very much under pressure. That leads to an increasingly challenging market environment. I would say volumes have, on the other hand, been fairly healthy. For the first time, we report on the Terminal segment, also for us a milestone, I think that we closed the transaction with
Q3 2023 Hapag Lloyd AG Earnings Call Transcript
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