Business

Hapag-Lloyd expects swift China ramp-up after bookings jump 50%

The HaPag-LLOYD saw container reservations from China to the United States jumping 50 % after the battle of the tariff between the trading partners.

In the comments during a profit call, CEO Rolf Habbin Yansen explained that although recent reservations decreased by 20 % -30 %, there was “an increase of more than 50 % in recent days”, although he indicated that it has made it difficult to predict micro -growth patterns.

“We expect the ability to return somewhat quickly. We have published smaller ships instead of making voids [canceled sailings]And we will be reflected soon. During the next two weeks, we will publish larger ships again, and others may increase the capacity with the advancement of a quarter. “

The CEO also emphasized that isolated vessels can be achieved without a significant disruption due to the simplified group of Geersk, and that it will not change the total costs “, with no current problems regarding the reduction of the place for containers.

The profits increased by 45 % to $ 469 million on revenue, which increased by 15 % year on an annual basis to $ 5.3 billion in the first quarter, driven by 9 % in steps charging sizes, which represents the highest annual growth in several years.

A revenue lining of $ 5.2 billion in a volume of 3.3 million equivalent units and twenty feet and an average shipping rate of $ 1,480 per TEU, both of which were 9 % Y/Y on strong demand. The profits before interest, taxes, depreciation and firefighting increased by 18 %, to $ 1.1 billion, and profits before benefits and taxes increased by 25 %, to $ 472 million.

The successful launch of the trusted Gueini Network has seen 90 %, which is a great number in an industry that is usually about 65 %.

The carrier faced operational challenges during the quarter, including continuing ships out of the Red Sea and around good hope, as well as disturbances in different ports. These challenges have increased the affected operational and efficiency costs, but were effectively managed to reduce the harmful effects on total performance.

Immediate shipping rates have witnessed a significant decrease in the aftermath of the new Chinese year, which contributed to the normalization of profits throughout the industry. Hapag-LLOYD said he faces uncertainty in the demands of the remainder of the remainder of 2025 due to various geopolitical and economic factors. High definitions and potential demand are risk of size growth, especially in the Chinese -American Trade Lane.

Find more articles from Stuart Chirls here.

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2025-05-15 22:14:00

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