ZIM 2024 revenue up 63%, net income at $2.15bn on higher rates

22 w

Hapag-Lloyd reported a 15 percent increase in group revenue at $5.3 billion for the first quarter of 2025 on higher transport volumes and freight rates.

#hapag #hapaglloyd #q12025 #freightrates #shipping

www.itln.in

Hapag Q12025 net profit up 45% on higher rates

Outlook for 2025 unchanged: lower earnings expected in a difficult market environment.

Comment

23 w

The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the U.S. and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates – but the situation remains far from certain.

#xeneta #redsea #houthis #us #suezcanal #freightrates #containershipping #shipping

www.itln.in

Red Sea return of ships could see freight rates crash: Xeneta

"Global TEU-mile demand would decline 6% if container ships begin sailing through the Red Sea and Suez Canal again."

Comment

24 w

Hapag-Lloyd reported a 25 percent increase in earnings (EBIT) at $500 million for the first quarter of 2025 compared to $400 million in the same period last year on higher transport volume and freight rate.

#hapag #redsea #freightrates #geopolitical #geopoliticalchallenges #ebit #freight #shipping

www.itln.in

Hapag EBIT up 25% in Q12025, earnings outlook uncertain for full year

Transport volume increased 10% to 3.3 million TEU while average freight rate was up 9% at $1,480/TEU.

Comment

28 w

Average container freight rates for Chinese exports have dropped 28 percent since the start of the year, posting the worst first quarter development of the past twenty years.

#bimco #chinacontainerizedfreightindex #ccfi #freightrates #china #shipping

www.itln.in

Worst Q1 in twenty years, container freight rates from China down 28%

Trades to Europe and Mediterranean have suffered the biggest drop in average rates since the beginning of the year.

Comment

31 w

Israeli carrier ZIM reported a net income of $2.15 billion for the full year 2024 as against a loss of $2.7 billion in 2023 on higher volume and freight rates.

#zim #israeli #freightrates #zimreports2024 #shipping

www.itln.in

ZIM 2024 revenue up 63%, net income at $2.15bn on higher rates

Volume carried increased 14% to 3.7 million TEUs, and average freight rate was up 57% at $1,888 per TEU.

Comment

22 w

Hapag Q12025 net profit up 45% on higher rates

23 w

Red Sea return of ships could see freight rates crash: Xeneta

24 w

Hapag EBIT up 25% in Q12025, earnings outlook uncertain for full year

28 w

Worst Q1 in twenty years, container freight rates from China down 28%

31 w

ZIM 2024 revenue up 63%, net income at $2.15bn on higher rates

Language