{"id":137869,"date":"2026-03-26T23:40:17","date_gmt":"2026-03-27T02:40:17","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/901996618"},"modified":"2026-03-26T23:40:17","modified_gmt":"2026-03-27T02:40:17","slug":"hapag-lloyd-profits-tumbled-in-2025-despite-carrying-more-cargo","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/26\/hapag-lloyd-profits-tumbled-in-2025-despite-carrying-more-cargo\/","title":{"rendered":"Hapag-Lloyd profits tumbled in 2025 despite carrying more cargo"},"content":{"rendered":"<div><img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1&w=1600&resize=1600&ssl=1 1600w\" fifu-data-src=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/www.freightwaves.com\/wp-content\/uploads\/2026\/03\/26\/HapagShiphlfoto-copy_cropped_processed_by_imagy.jpg?ssl=1\" class=\"ff-og-image-inserted\"><\/div>\n<p>Hapag-Lloyd reported solid growth in container volumes in 2025 that were offset by tumbling profits on weaker ocean shipping rates and higher costs.<\/p>\n<p>The world\u2019s fifth-largest carrier forecast potential losses in a challenging 2026 as geopolitics and industry-wide capacity issues threaten volatile rates.&nbsp;<\/p>\n<p>Liner shipping revenues in 2025 increased to $20.6 billion from $20.3 billion the previous year. But earnings before interest, taxes, depreciation and amortization (EBITDA) fell to $3.5 billion from $4.9 billion, and earnings before interest and taxes (EBIT) more than halved, to $1 billion from $2.7 billion.&nbsp;<\/p>\n<p>Container volumes rose 8% to 13.5 million twenty foot equivalent units (TEUs) as the company partnered with Maersk (<a href=\"https:\/\/finance.yahoo.com\/quote\/MAERSK-B.CO\/\" target=\"_blank\">MAERSK-B.CO<\/a>) on the cooperative Gemini service. Average freight rate decreased 8% to $1,376 per TEU \u201cdue to growing capacity and increasing trade imbalances. Additionally, higher costs resulting from operational disruptions caused by new tariff policies, ongoing security tensions in the Red Sea, start-up expenses for the Gemini Network, and port congestion had a negative earnings impact,\u201d the company said in an earnings release.&nbsp;<\/p>\n<div class=\"flex my-20 justify-center w-full overflow-hidden fw-ad-id-470282\">\n<p> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot(&#8216;\/21776187881\/FW-Responsive-Main_Content-Slot1&#8217;, [[300, 100], [320, 50], [728, 90], [468, 60]], &#8216;div-gpt-ad-1709668545404-0&#8217;).defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); });\n<\/p>\n<\/p><\/div>\n<div id=\"omeda-post-content\">\n<p>It added Gemini-related cost savings started kicking in during the second half of 2025 and will be fully realized in 2026. One-time non-cash effects in the fourth quarter had a positive impact.<\/p>\n<p>The company forecast 2026 pre-tax earnings in the range of -$1.5&nbsp;billion to&nbsp;$500 million \u201csubject to considerable uncertainty due to the highly volatile development of freight rates and&nbsp;the conflict in the Middle East.\u201d<\/p>\n<p>\u201c2025 was a good year for Hapag-Lloyd with solid results,\u201d said Chief Executive Rolf Habben Jansen, in the release. \u201cWe have grown our volumes and outperformed the market. Our Gemini network delivered 90% schedule reliability and customer satisfaction reached another record high. We invested significantly in fleet efficiency and modernization to further decarbonize our operations. Additionally, our growing terminals portfolio increasingly contributed to the success of our liner business.\u201d<\/p>\n<p><em>Read more articles by Stuart Chirls<a href=\"https:\/\/www.freightwaves.com\/news\/author\/stuartchirls\">&nbsp;<strong>here<\/strong>.<\/a><\/em><\/p>\n<p><strong><em>Related coverage:<\/em><\/strong><\/p>\n<div class=\"flex my-20 justify-center w-full overflow-hidden fw-ad-id-470312\">\n<p> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot(&#8216;\/21776187881\/fw-responsive-main_content-slot3&#8217;, [[728, 90], [468, 60], [320, 50], [300, 100]], &#8216;div-gpt-ad-1665767553440-0&#8217;).defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); });\n<\/p>\n<\/p><\/div>\n<p><em><a href=\"https:\/\/www.freightwaves.com\/news\/back-to-the-future-new-wind-powered-ship-joins-trans-atlantic-service\">Back to the future: New wind-powered ship joins trans-Atlantic service<\/a><\/em><\/p>\n<p><em><a href=\"https:\/\/www.freightwaves.com\/news\/imports-fall-14-5-y-y-at-port-of-oakland\">Imports fall 14.5% y\/y at Port of Oakland<\/a><\/em><\/p>\n<p><em><a href=\"https:\/\/www.freightwaves.com\/news\/california-ports-ask-state-for-1b-for-infrastructure-in-fy2027\">California ports ask state for $1B for infrastructure in FY2027<\/a><\/em><\/p>\n<p><em><a href=\"https:\/\/www.freightwaves.com\/news\/fmc-rejects-carrier-request-for-shorter-notice-on-ocean-rate-hikes\">FMC rejects carrier request for shorter notice on ocean war rate hikes<\/a><\/em><\/p>\n<div class=\"flex my-20 justify-center w-full overflow-hidden fw-ad-id-470314\">\n<p> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot(&#8216;\/21776187881\/fw-responsive-main_content-slot4&#8217;, [[300, 100], [320, 50], [728, 90], [468, 60]], &#8216;div-gpt-ad-1709668086344-0&#8217;).defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); });\n<\/p>\n<\/p><\/div>\n<\/div>\n<p>.fw-events-wrap { font-family: &#8216;Poppins&#8217;, sans-serif !important; width: 100% !important; box-sizing: border-box !important; margin: 20px 0 0 !important; padding: 0 !important; }<br \/>\n.fw-eyebrow { font-size: 16px !important; font-weight: 600 !important; color: rgb(52 117 182) !important; display: block !important; margin: 0 0 6px !important; letter-spacing: 0 !important; text-transform: none !important; }<br \/>\n.fw-divider { position: relative !important; height: 1px !important; background: #e5e5e5 !important; margin-bottom: 14px !important; } .fw-divider::after { content: &#8221; !important; position: absolute !important; left: 0 !important; top: 0 !important; width: 48px !important; height: 3px !important; background: rgb(52 117 182) !important; display: block !important; } .fw-desktop-grid { display: grid !important; grid-template-columns: repeat(3, minmax(0, 1fr)) !important; gap: 12px !important; }<br \/>\n.fw-event-card { background: #fff !important; border: 1px solid #e5e5e5 !important; border-radius: 10px !important; padding: 16px !important; display: flex !important; flex-direction: column !important; gap: 8px !important; box-sizing: border-box !important; }<br \/>\n.fw-badge { display: inline-block !important; font-size: 10px !important; font-weight: 500 !important; letter-spacing: 0.7px !important; text-transform: uppercase !important; padding: 2px 7px !important; border-radius: 4px !important; width: fit-content !important; }<br \/>\n.fw-badge.fraud { background: #FAECE7 !important; color: #993C1D !important; }<br \/>\n.fw-badge.rail { background: #E6F1FB !important; color: #185FA5 !important; }<br \/>\n.fw-badge.ai { background: #EAF3DE !important; color: #3B6D11 !important; }<br \/>\n.fw-card-title { font-size: 13px !important; font-weight: 600 !important; color: #111 !important; line-height: 1.4 !important; margin: 0 !important; }<br \/>\n.fw-card-desc { font-size: 12px !important; color: #555 !important; line-height: 1.5 !important; margin: 0 !important; flex: 1 !important; }<br \/>\n.fw-card-date { font-size: 11px !important; font-weight: 600 !important; color: #111 !important; }<br \/>\n.fw-card-venue { font-size: 11px !important; color: #777 !important; margin-top: 2px !important; }<br \/>\n.fw-cta { display: inline-block !important; margin-top: 4px !important; font-size: 12px !important; font-weight: 700 !important; background: #ff8800 !important; color: #fff !important; padding: 8px 14px !important; border-radius: 4px !important; text-decoration: none !important; text-align: center !important; box-sizing: border-box !important; text-transform: uppercase !important; 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font-size: 12px !important; font-weight: 700 !important; background: #ff8800 !important; color: #fff !important; padding: 8px 14px !important; border-radius: 4px !important; text-decoration: none !important; text-align: center !important; box-sizing: border-box !important; text-transform: uppercase !important; letter-spacing: 0.4px !important; }<br \/>\n.fw-acc-cta:visited { color: #fff !important; text-decoration: none !important; }<br \/>\n.fw-acc-cta:hover { color: #fff !important; text-decoration: none !important; background: #ff8800 !important; } @media (max-width: 768px) { .fw-desktop-grid { display: none !important; } .fw-accordion { display: block !important; }<br \/>\n}<\/p>\n<div class=\"fw-events-wrap\"> <span class=\"fw-eyebrow\">Upcoming FreightWaves Events<\/span> <!-- DESKTOP --> <\/p>\n<div class=\"fw-desktop-grid\">\n<div class=\"fw-event-card\"> <span class=\"fw-badge fraud\">Fraud &amp; Security<\/span> <\/p>\n<p class=\"fw-card-title\">Freight Fraud Symposium<\/p>\n<p class=\"fw-card-desc\">Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.<\/p>\n<div>\n<div class=\"fw-card-date\">May 20, 2026<\/div>\n<div class=\"fw-card-venue\">Rock &amp; Roll Hall of Fame \u2022 Cleveland, OH<\/div>\n<\/p><\/div>\n<p> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/live.freightwaves.com\/freight-fraud-symposium-2026?utm_source=freightwaves&amp;utm_medium=article-widget&amp;utm_campaign=freight-fraud-symposium-2026\" class=\"fw-cta\">Register Now<\/a> <\/div>\n<div class=\"fw-event-card\"> <span class=\"fw-badge ai\">AI &amp; Technology<\/span> <\/p>\n<p class=\"fw-card-title\">Supply Chain AI Symposium<\/p>\n<p class=\"fw-card-desc\">Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.<\/p>\n<div>\n<div class=\"fw-card-date\">July 15, 2026<\/div>\n<div class=\"fw-card-venue\">The Old Post Office \u2022 Chicago, IL<\/div>\n<\/p><\/div>\n<p> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/live.freightwaves.com\/supply-chain-ai-symposium-2026?utm_source=freightwaves&amp;utm_medium=article-widget&amp;utm_campaign=supply-chain-ai-symposium-2026\" class=\"fw-cta\">Register Now<\/a> <\/div>\n<div class=\"fw-event-card\"> <span class=\"fw-badge rail\">Rail &amp; Policy<\/span> <\/p>\n<p class=\"fw-card-title\">Future of Rail Symposium<\/p>\n<p class=\"fw-card-desc\">Reshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.<\/p>\n<div>\n<div class=\"fw-card-date\">July 28, 2026<\/div>\n<div class=\"fw-card-venue\">The Signal at Chattanooga Choo Choo \u2022 Chattanooga, TN<\/div>\n<\/p><\/div>\n<p> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/live.freightwaves.com\/future-of-rail-symposium?utm_source=freightwaves&amp;utm_medium=article-widget&amp;utm_campaign=future-of-rail-symposium\" class=\"fw-cta\">Register Now<\/a> <\/div>\n<\/p><\/div>\n<p> <!-- MOBILE ACCORDION --> <\/p>\n<div class=\"fw-accordion\">\n<div class=\"fw-acc-item\">\n<div class=\"fw-acc-trigger\">\n<div class=\"fw-acc-left\"> <span class=\"fw-badge fraud\">Fraud &amp; Security<\/span> <span class=\"fw-acc-name\">Freight Fraud Symposium<\/span> <span class=\"fw-acc-meta\">May 20 \u2022 Cleveland, OH<\/span> <\/div>\n<\/p><\/div>\n<div class=\"fw-acc-body\">\n<div class=\"fw-acc-inner\">\n<p class=\"fw-acc-desc\">Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.<\/p>\n<p> <span class=\"fw-acc-venue\">Rock &amp; Roll Hall of Fame \u2022 Cleveland, OH<\/span> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/live.freightwaves.com\/freight-fraud-symposium-2026?utm_source=freightwaves&amp;utm_medium=article-widget&amp;utm_campaign=freight-fraud-symposium-2026\" class=\"fw-acc-cta\">Register Now<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"fw-acc-item\">\n<div class=\"fw-acc-trigger\">\n<div class=\"fw-acc-left\"> <span class=\"fw-badge ai\">AI &amp; Technology<\/span> <span class=\"fw-acc-name\">Supply Chain AI Symposium<\/span> <span class=\"fw-acc-meta\">Jul 15 \u2022 Chicago, IL<\/span> <\/div>\n<\/p><\/div>\n<div class=\"fw-acc-body\">\n<div class=\"fw-acc-inner\">\n<p class=\"fw-acc-desc\">Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.<\/p>\n<p> <span class=\"fw-acc-venue\">The Old Post Office \u2022 Chicago, IL<\/span> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/live.freightwaves.com\/supply-chain-ai-symposium-2026?utm_source=freightwaves&amp;utm_medium=article-widget&amp;utm_campaign=supply-chain-ai-symposium-2026\" class=\"fw-acc-cta\">Register Now<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"fw-acc-item\">\n<div class=\"fw-acc-trigger\">\n<div class=\"fw-acc-left\"> <span class=\"fw-badge rail\">Rail &amp; Policy<\/span> <span class=\"fw-acc-name\">Future of Rail Symposium<\/span> <span class=\"fw-acc-meta\">Jul 28 \u2022 Chattanooga, TN<\/span> <\/div>\n<\/p><\/div>\n<div class=\"fw-acc-body\">\n<div class=\"fw-acc-inner\">\n<p class=\"fw-acc-desc\">Reshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.<\/p>\n<p> <span class=\"fw-acc-venue\">The Signal at Chattanooga Choo Choo \u2022 Chattanooga, TN<\/span> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/live.freightwaves.com\/future-of-rail-symposium?utm_source=freightwaves&amp;utm_medium=article-widget&amp;utm_campaign=future-of-rail-symposium\" class=\"fw-acc-cta\">Register Now<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>function fwToggle(trigger) { var body = trigger.nextElementSibling; var chevron = trigger.querySelector(&#8216;.fw-chevron&#8217;); var isOpen = body.classList.contains(&#8216;open&#8217;); document.querySelectorAll(&#8216;.fw-acc-body.open&#8217;).forEach(function(b){ b.classList.remove(&#8216;open&#8217;); }); document.querySelectorAll(&#8216;.fw-chevron.open&#8217;).forEach(function(c){ c.classList.remove(&#8216;open&#8217;); }); if (!isOpen) { body.classList.add(&#8216;open&#8217;); chevron.classList.add(&#8216;open&#8217;); }<br \/>\n}<\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; issues threaten volatile rates.\u00c2\u00a0 Liner <span class=\"match\">shipping<\/span> revenues in 2025 increased to &#8230; FreightWaves Events Fraud &amp; Security <span class=\"match\">Freight<\/span> Fraud Symposium Double brokering. AI &#8230; \u00e2\u0080\u00a2 Chattanooga, TN Reshoring is rewriting <span class=\"match\">freight<\/span> demand. Join shippers, rail executives &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-137869","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/137869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=137869"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/137869\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=137869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=137869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=137869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}