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flag Hapag-Lloyd reports a 2024 profit drop to $2.6B and forecasts further 2025 earnings decline.

flag Hapag-Lloyd, a major German shipping company, reported a 2024 profit drop to $2.6 billion, down from $3.1 billion in 2023. flag The decline is attributed to lower interest income and higher taxes. flag For 2025, the company forecasts a significant decrease in earnings, with EBITDA expected to range from $2.5 to $4 billion and EBIT from $0 to $1.5 billion. flag Hapag-Lloyd anticipates challenges due to volatile freight rates and geopolitical tensions.

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