Hapag-Lloyd has recorded a Group EBITDA of €1.8 billion ($1.9 billion) in H1 2025.
Group EBIT declined to €600 million ($700 million), and Group profit was €700 million ($800 million).
Market volatility affected demand and operations. Frequent changes in US trade policies, congested ports, and security issues in the Red Sea drove this.
The Liner Shipping segment saw revenues rise to €9.5 billion ($10.4 billion).
An 11 per cent increase in transport volumes to 6.7 million TEUs, mainly from East-West trades, drove this growth.
The average freight rate remained steady at $1,400 per TEU.
READ: Hapag-Lloyd Q1 2025 EBITDA reaches €1 billion
EBITDA fell to €1.7 billion ($1.8 billion) and EBIT to €600 million ($700 million), impacted by Gemini network start-up costs, congestion, and inflation.
Terminal & Infrastructure sales and earnings increased, with EBITDA reaching €72 million ($79 million) and EBIT €34 million ($37 million).
The terminal portfolio expanded in March 2025 with a majority stake acquisition in CNMP LH, Le Havre.
Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said: “In a volatile market, we significantly increased our transport volume and ended the first half of the year on a solid note overall.”
He added the company aims to focus on quality, growth, and cost optimisation while helping customers navigate market volatility and hopes new trade agreements will improve supply chain predictability.
READ: Hapag-Lloyd posts €5.0 billion shipping revenue in Q1 2025
Following the solid H1 performance, Hapag-Lloyd refined its 2025 earnings forecast.
The Group now expects EBITDA between €2.5 and 3.4 billion ($2.8-3.8 billion) and EBIT between €0.2 and 1.1 billion ($0.25-1.25 billion).
The forecast remains subject to uncertainty due to geopolitical challenges and freight rate volatility.
