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Maersk and Hapag-Lloyd will announce which network it expects to put to sea in February 2025 by October 2024

Group EBITDA is expected to be in the range of $3.5-4.6 billion & EBIT to be in the range of $1.3-2.4 billion for 2024.

Average freight rate declined 32% to $1,359 per TEU in the first quarter of 2024 compared to $1,999 in Q12023

Group revenue was down 47% to $19.4 billion even as transport volume in liner shipping segment was flat at 11.9mn TEUs

Gemini Cooperation will cover seven global trades and offer 26 mainline services

United view at COP28 on concrete regulatory measures for investment conditions critical to accelerate green transition

Hapag-Lloyd Group’s business activities have been split into liner shipping and terminal & infrastructure segments

Hapag-Lloyd to equip 1.6 million containers with tracking devices by 2024

Turning point for Hapag-Lloyd: CEO Rolf Habben Jansen

Average freight rate of $1,761/TEU (H12022: $2,855/TEU) was down 38%, volume declined 3.4% YoY to 5.8 million TEUs

Hapag-Lloyd to take over terminal stakes in North, Central and South America

Avg freight rate declined 28% to $1,999/TEU (Q12022: $2,774/TEU) due to weaker demand and normalisation of supply chains