Hapag-Lloyd CEO Sees ‘Huge Surge’ in Volume in Last Few Days
10 Articles
10 Articles
Hapag-Lloyd Sees Bookings Jump After US-China Tariff Truce
Just a few weeks ago, things weren’t looking so great for container shipping lines. Spot freight rates were sagging, demand visibility was near zero and an escalating trade war between the world’s largest economies dimmed the outlook for the industry’s lifeblood — global commerce.
Hapag-Lloyd: a 'pretty good first quarter' – but trend for 2025 'pretty uncertain' - The Loadstar
As it presented its first-quarter financial results today, Hapag-Lloyd cautioned that any cargo surge following the US-China trade tariff hiatus was likely to be short-lived. The German carrier saw Q1 group revenues rise 15% year on year to reach $5.3bn, while EBITDA was up 17%, at $1.1bn, and EBIT up 45%, to $500m. As previously indicated, Hapag-Lloyd’s carryings, which grew 9% year on year, to 3.3m teu, were double the market growth ... The po…
Hapag-Lloyd Records Good Start to 2025, Revenue Surge in Liner Shipping Segment
Hapag-Lloyd has marked a good start to the year, with an increase in Group profit by 45 percent to USD 469 million. The German international shipping giant concluded the first quarter of 2025 with $1.1 billion. Revenues increased to $5.2 billion in the Liner Shipping segment where the main driver was a transport volume of Hapag-Lloyd is optimistic about the 2025 financial year, after having recorded a good start to Q1 with an increase in Group p…
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