Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
A “cautious” Hapag-Lloyd has warned it will not accept bookings if port congestion leaves cargo ...
Photo: Hapag-Lloyd.
By Alex Lennane
Hapag-Lloyd retained its market share in 2024, with its volumes increasing at the same pace as the rest of the market.
In its preliminary numbers for 2024, the German liner showed marginal improvement, with transported volumes up 5%, to 12.5m teu, as freight rates, after oscillating throughout the year, ended broadly flat, declining year on year from $1,500 per teu in 2023 to $1,492.
Group ebitda rose slightly, from $4.8bn to $5bn, while ebit rose from $2.7bn to $2.8bn, with “both key ...
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