German carrier Hapag-Lloyd celebrated its 175th anniversary with an EBITDA of $20.5 billion (€19.4 billion) for the year ended 2022, an increase of 60 percent, on higher freight rates. Revenues increased 38 percent to $36.4 billion (€34.5 billion) on increase in average freight rate to $2,863/TEU (2021: $2,003/TEU), says an official release.
German carrier Hapag-Lloyd celebrated its 175th anniversary with an EBITDA of $20.5 billion (€19.4 billion) for the year ended 2022, an increase of 60 percent, on higher freight rates. Revenues increased 38 percent to $36.4 billion (€34.5 billion) on increase in average freight rate to $2,863/TEU (2021: $2,003/TEU), says an official release.