Hapag-Lloyd posts strong Q4 2024 earnings results

Hapag-Lloyd held a conference call to discuss its Q4 2024 earnings on March 20, 2025. The call featured CEO Rolf Habben Jansen and CFO Mark Frese, who presented the company’s financial performance. Jansen noted that despite facing various challenges, Hapag-Lloyd achieved its third-best operational results ever. This was better than what was projected earlier in the year. Two main reasons contributed to this success. First, the closure of the Red Sea led to a higher demand for shipping, requiring more ships to move the same amount of cargo. Second, market growth exceeded expectations, reaching over 6% compared to the anticipated 2-3%. Overall, Jansen expressed optimism about the company's performance amid the changes in the shipping landscape. The results indicate a stronger market and a solid operational strategy in place.