News / Solid results in '24 and a good start to '25, says bullish Hapag-Lloyd CEO

Photo: Hapag-LLoyd

German container shipping line Hapag-Lloyd appears to have slightly lost market share last year, today reporting its 2024 annual results.

The carrier carried a total of 12.4m teu, a 4.7% increase over the 11.9m teu it lifted in 2023, while the global market, according to Container Trade Statistics (CTS), grew 6.2% during the same period.

However, the company said its results “significantly exceeded expectations at the beginning of the year”, reporting a 6.6% increase in group revenues, to $20.7bn last year, compared ...