Hapag-Lloyd Posts €5.0 Billion Shipping Revenue In Q1 2025

In the Liner Shipping segment, revenue reached €5.0 billion ($5.2 billion), driven by a 9 per cent year-on-year (YoY) increase in both transport volume (3.3 million TEU) and average freight rate (USD 1,480/TEU).

Segment EBITDA rose 18 per cent to €1.0 billion ($1.1 billion), and EBIT climbed 25 per cent to €448 million ($472 million).

The Terminal & Infrastructure segment posted an EBITDA of €34 million ($36 million) and EBIT of €14 million ($15 million).

During the quarter, Hapag-Lloyd also acquired a majority stake in the CNMP LH Terminal in Le Havre, enhancing its strategic presence in the French market.

READ: Hapag-Lloyd Q1 2025 EBITDA reaches €1 billion

Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said: “With this quarterly result, we have gotten 2025 off to a good start.

“We have achieved the targeted high schedule reliability. The situation in the Red Sea and the impact of global tariffs and trade policies continue to be causes for concern. We will continue to implement our Strategy 2030, vigorously focus on our costs and target additional savings of more than $1 billion within the next 18 months.”

In March, Hapag-Lloyd, in collaboration with Seaspan Corporation and MAN Energy Solutions, announced its plans to convert five 10,100 TEU container vessels to methanol.