Hapag-Lloyd's preliminary and unaudited figures for the 2023 financial year indicate a significant decrease in earnings.

According to the carrier's press release, the Group EBITDA stood at USD 4.8 billion (EUR 4.5 billion), while the Group EBIT experienced a year-on-year decrease to USD 2.7 billion (EUR 2.5 billion).

Furthermore, the company's revenues decreased to USD 19.4 billion (EUR 17.9 billion), while transport volumes for 2023 as a whole rose by 0.5% to 11.9 million TEU.

Hapag-Lloyd attributed the decline to the normalisation of global supply chains during the larger part of 2023.

However, the carrier highlighted that "the conflict in the Red Sea negatively impacted transport volumes at the end of the year, as the rerouting of ships around the Cape of Good Hope extended voyage times."