Hapag-Lloyd’s Q1 2025 EBITDA rose 17 per cent year-over-year (YoY) to €1.0 billion ($1.1 billion), while EBIT increased 24 per cent to €0.47 billion ($0.5 billion).
This growth was fueled by strong demand, with a 9 per cent rise in transport volume to 3.3 million TEUs and average freight rates reaching €1,390 per TEU ($1,480).
Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said: “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.
“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.”
For FY2025, Hapag-Lloyd expects Group EBITDA of €2.4 – 3.9 billion ($2.5 – 4.0 billion) and EBIT of €0.0 –1.5 billion ($0.0 – 1.5 billion).
The shipping company noted that outlook remains highly uncertain due to volatile freight rates and geopolitical risks, including Red Sea tensions and global trade conflicts.
In March, International Container Terminal Services, Inc. (ICTSI)’s flagship Manila International Container Terminal (MICT) welcomed Hapag-Lloyd’s inaugural China-Philippines Feeder (CPF) service.