The accentuation of the fall in the value of sea freight, which in the third trimester of 2023 is decreased of -47,8% compared to the -27.9% of the previous quarter following 12 quarterly periods of growth, for half of this very strong period of time, led to a sharp contraction in revenues recorded in the Period April-June of this year by the shipping company German containerized Hapag-Lloyd which are amounted to 4,42 billion euros, with a decrease of -50.9% on the second trimester of the 2022. The effect of the reduction in the value of tariffs of Maritime transport was partially compensated by a decrease of -17.8% of operating costs attested to 2.82 billion euros, including 1.35 billion in costs for the cargo handling (-19.3%), € 603.5 million in expenditure on management of ships and voyages (+2.9%), 519 million for the purchase of the fuel for the ships (- 33.9%) and 234 million euros of expenses for personnel (+8.0%).

Hapag-Lloyd closed the second quarter of 2023 with a EBITDA of 1.28 billion euros (-75.8%), a profit operating of € 808.3 million (-83.2%) and a net profit of € 1.00 billion euros (-77.6%).

In the second quarter of this year the container fleet of the German company transported volumes of cargo containerized pairs to 2,96 million teu, with a bending of the -2.0%, recording an average value of freight pairs to 1.533 dollars/teu (-47,8%). On Atlantic routes only (market that also includes intra-European trades) the fleet has transported 511 thousand teu (-9.2%), activities that generated revenues of € 934.9 million of euro (-38.4%) and market where the average freight value is result pairs to 1.997 dollars/teu (- 31.0%). Volumes of goods transported by services with Latin America amounted to 726 thousand teu (- 3.3%), activity that has been realized practicing an average hire of the value of 1,700 dollars/teu (- 37.3%) and which generated total revenues of 1.13 billion euros (-40,6%). On the routes with the Far East the ships of the Hapag-Lloyd have transported 573 thousand teu (0%), traffics for which The average hire has been of 1.321 dollars/teu (- 59.3%) and that yielded revenues of 694.1 million euros (-60.2%). The Transpacific services of the company have transported 433 thousand teu (+0.7%), an activity that generated revenues of € 680.7 million of euro (-57.7%) with an average freight value that was pairs to 1.714 dollars/teu (- 57.2%). Maritime services intra-Asian have transported 188 thousand teu (+22.1%) totaling revenues of 137.8 million euros (-50.9%) with an average rental of 800 dollars/teu (-58.7%). On routes with the Middle East volumes transported have been pairs to 356 thousand teu (- 8.2%), resulting revenues of 329.0 million euros (-61.6%) and with an average rental that It turned out pairs to 1.010 dollars/teu (- 57.1%). Services with Africa have transported 178 thousand teu (+7.2%), activities that generated revenues of 256.5 million euros (-35.6%) with a freight average value of 1.574 dollars/teu (- 38.5%).

Commenting on the results achieved in the second quarter and In the entire first half of 2023, the CEO of Hapag-Lloyd,m Rolf Habben Jansen, pointed out that "Weakening demand and lower freight rates are having a very clear impact on profits." The CEO has Remembered that in recent months the company has considerably expanded its presence in the port terminal market, expansion implemented - remember - acquiring 49% of the capital of the Italian group Spinelli and 40% of the capital of the Indian J M Baxi Ports & Logistics ( of 12 January and 19 April 2023), operations followed in the days Past the completion of the acquisition of the port terminals of Chilean SAAM ( of 1 August 2023).

Hapag-Lloyd expects to close full year 2023 recording a slight increase in the volumes of loads transported from the fleet compared to the 11,84 million teu embarked in 2022, with a more significant decrease in cost for fuel consumption which in 2022 was equal to 753 dollars/tonne, with a marked decline in average freight value which in the previous year had been equal to 2,863 dollars/teu, and with EBITDA and EBIT values of approximately approximately 4.0-6.0 billion and 2.0-4.0 billion euros against an EBITDA of 19.23 billion and an EBIT of 17.52 billion euros in 2022.