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Hapag maintains 2025 outlook, Q1 net profit up 45% on higher rates
While volume increased 9% to 3.3 million TEU, freight rate was also up 9% at $1,480/TEU in Q1 due to strong demand.
Hapag highlights geopolitical uncertainty in 2025
Hapag-Lloyd is expecting Group EBIT to be in the range of $0-1.5 billion for 2025 compared to $2.8 billion in 2024.