MAJOR container carriers posted strong quarterly results despite market volatility and geopolitical uncertainty, reports London's Port Technology International.
According to Sea-Intelligence's latest report, nearly all carriers reporting financials saw double-digit year-on-year revenue growth, with a combined EBIT of US$5.89 billion.
Excluding CMA CGM and Ocean Network Express (ONE), a consistent set of carriers posted a Q1 2025 EBIT of US$5.67 billion.
While below pandemic highs, this figure nearly matches Q1 2023 and exceeds all other years from 2012 to 2020 and 2024.
ONE recorded the lowest at $73/TEU, while others ranged from $146/TEU (Hapag-Lloyd) to $492/TEU (ZIM). Hyundai Merchant Marine (HMM) also exceeded $400/TEU with $447/TEU.
Global volumes rose notably, with certain carriers seeing exceptional growth on the Transpacific and Asia-Europe trades.
Recently, Sea-Intelligence's latest Global Liner Performance report (Issue 165) showed global schedule reliability rose 1.7 percentage points in April to 58.7 per cent -the highest level since November 2023. Among the top 13 carriers, Maersk led with 73.4 per cent reliability, followed by Hapag-Lloyd at 72.3 per cent and Mediterranean Shipping Company (MSC) at 60.7 per cent.
SeaNews Turkey
According to Sea-Intelligence's latest report, nearly all carriers reporting financials saw double-digit year-on-year revenue growth, with a combined EBIT of US$5.89 billion.
Excluding CMA CGM and Ocean Network Express (ONE), a consistent set of carriers posted a Q1 2025 EBIT of US$5.67 billion.
While below pandemic highs, this figure nearly matches Q1 2023 and exceeds all other years from 2012 to 2020 and 2024.
ONE recorded the lowest at $73/TEU, while others ranged from $146/TEU (Hapag-Lloyd) to $492/TEU (ZIM). Hyundai Merchant Marine (HMM) also exceeded $400/TEU with $447/TEU.
Global volumes rose notably, with certain carriers seeing exceptional growth on the Transpacific and Asia-Europe trades.
Recently, Sea-Intelligence's latest Global Liner Performance report (Issue 165) showed global schedule reliability rose 1.7 percentage points in April to 58.7 per cent -the highest level since November 2023. Among the top 13 carriers, Maersk led with 73.4 per cent reliability, followed by Hapag-Lloyd at 72.3 per cent and Mediterranean Shipping Company (MSC) at 60.7 per cent.
SeaNews Turkey
