Hapag-Lloyd , one of the world’s leading liner shipping companies, announced a 17% increase in earnings before interest, taxes, depreciation and amortization (EBITDA) year-over-year to $1.1 billion .
Regarding its earnings before interest and taxes (EBIT) , the company experienced a growth of 24% , reaching $500 million , according to its first quarterly report of 2025 (1Q25).
This increase was mainly due to high demand, so the increase in transport volume reached 3.3 million 20-foot containers (TEU) and an average freight rate of $1,480 per TEU , both 9% higher than in the first quarter of 2024 (1Q24).
“We got off to a good start in the first quarter of 2025 , but the market is currently characterized by many uncertainties. Therefore, we continue to expect lower results for 2025 overall. We will rigorously implement our Strategy 2030 , set a new quality standard in the market for our customers with our Gemini Cooperation, and continue to expand Hanseatic Global Terminals,” stated Rolf Habben Jansen, CEO of Hapag-Lloyd AG.
Looking ahead to the rest of the year, the company estimates its EBITDA will range between $2.5 billion and $4 billion and its EBIT between $0 and $1.5 billion , although it acknowledged that there are key factors that could influence these results, such as market volatility and geopolitical challenges, including the current tense situation in the Red Sea and the global trade conflict.
He also announced that fleet efficiency will be increased and decarbonization will continue. Hapag-Lloyd indicated that it will continue working intensively to become even more digital and efficient.
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