In the first three months of 2022, Hapag-Lloyd's revenues doubled

In the first quarter of this year, thanks to an average value of freight that in the period has marked a rise of + 83.8% on the same quarter of 2021 being equal to 2,774 dollars/teu, i Hapag-Lloyd revenues increased by +96.1% standing at €7.98 billion compared to €4.07 billion in first three months of last year. Much smaller growth in operating costs that amounted to 2.95 billion euro (+30.0%), of which 1.49 billion in handling costs of loads (+23.3%), 581.4 million in costs for the purchase of fuels (+80.7%), 536.4 million in costs for the management of ships and voyages (+20.0%), 459.5 million depreciation and amortization write-downs (+49.7%), 341.8 million in costs for equipment and their repositioning (+23.2%) and 210.0 million euros in expenses for staff (+27.8%). Record values have been achieved both EBITDA of €4.25 billion (+198.4%), both from EBIT which amounted to 4.27 billion (+234.1%) and from net profit, result equal to 4.17 billion euro (+246.6%).

In the first three months of 2022, the container carrier fleet of the German company transported cargo volumes of 2.99 million teu (+0.4%), activity that generated revenues equal to 7.98 billion euros (+96.1%). The most relevant volumes of cargoes, equal to 735 thousand teu (-4.4%), were transported on the routes with Latin America, an activity that generated revenues equal to 1.71 billion euros (+97.4%) produced thanks to a value average freight that was equal to 2,616 dollars / teu (+92.4%). Consistent and equal to 601 thousand teu (+2.7%) were also the volumes transported on routes with the Far East, a market that has generated revenues of 1.75 billion euros (+83.0%) as a result of a average value of freight that for these services was equal to 3,265 dollars/teu (+66.0%). The transatlantic services of Hapag-Lloyd transported 489 thousand teu (-5.2%), which produced revenues of 1.06 billion euros (+89.6%) with a average value of maritime freight which was equal to 2,439 dollars/teu (+86.5%). On transpacific routes the company has transported 432 thousand teu (-1.1%) recording revenues of 1.46 billion euros (+107.7%) and a freight of 3,788 dollars/teu (+95.7%). On the routes with the Middle East the volumes transported amounted to to 414 thousand teu (+6.4%), with revenues of 753.9 million euros (+109.6%) and an average freight value of 2,047 dollars/teu (+83,8%). Services with Africa totalled volumes of 160 thousand teu, with a decisive increase of +49.5% deriving the effect of the acquisition of the company NileDutch ( of 8 July 2021), revenues of 360.3 million euros (+168.3%) with an average freight value which was 2,530 dollars/teu (+66,4%). Intra-Asian services transported 157 thousand teu (-8.2%), with related revenues of 287.0 million euros (+98.5%) and an average freight value which was 2,055 dollars/teu (+101,5%).

Commenting on the results obtained in the first quarter of 2022 Hapag-Lloyd's Managing Director, Rolf Habben Jansen, has underlined that "the year began overall in exceptional way and - he specified - even if there were the first signs that the market has already passed its point maximum, we also expect a remarkable second quarter."