HAPAG-LLOYD posted a 17 per cent year-on-year increase in first quarter operating profit to US$1.1 billion, reports London's Port Technology International.
The growth was driven by robust market demand, as transport volumes increased nine per cent to 3.3 million TEU. Average freight rates also rose, reaching EUR1,390 (US$1,480) per TEU.
"We got 2025 off to a good start, but the market is currently characterised by many uncertainties. We therefore expect lower results for 2025 as a whole," said Hapag-Lloyd CEO Rolf Habben Jansen.
"We will rigorously implement our Strategy 2030, expand Hanseatic Global Terminals, improve fleet efficiency, and continue decarbonising, while focusing on cost control and increasing digital efficiency."
https://www.shippingazette.com/news?news_id=9250500000107
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