German container shipping company Hapag-Lloyd concluded the first quarter of 2024 with revenues of US$4.6 billion and a Group EBITDA of US$942 million. Additionally, Hapag-Lloyd recorded US$396 million in EBIT and a profit of US$325 million.
All the figures are significantly decreased compared with the numbers in the same period last year.
The Hamburg-based ocean carrier moved 3 million TEUs in the first three months of the year, translating to an increase of 6.8% compared with the first quarter...
https://container-news.com/hapag-lloyd-reports-significant-decline-in-q1-financial-results/