Major shipping lines saw combined EBIT fall to US$2.73 billion in the second quarter of 2025, down sharply from US$5.89 billion in Q1, as market volatility and falling freight rates weighed on earnings, reported Saint Petersburg's PortNews.
Sea-Intelligence said the Q2 result was lower than the same period in 2021??024 and only slightly above 2020 levels, signalling weaker profitability compared to recent years. The downturn was attributed to shifting volumes and continued rate pressure.
Operational profitability, measured by EBIT per TEU, remained positive across major carriers. OOCL led with US$249/TEU, while ONE posted US$12/TEU. Maersk, Hapag-Lloyd and COSCO reported below US$100/TEU, at US$35, US$53 and US$79 respectively. HMM and ZIM posted US$176 and US$167. Yang Ming and CMA CGM had yet to release full Q2 data.
Trade performance varied by region. The Asia-Europe corridor saw robust growth, with half the carriers reporting double-digit volume increases year-on-year. In contrast, the Transpacific market experienced widespread declines.
SeaNews Turkey
Sea-Intelligence said the Q2 result was lower than the same period in 2021??024 and only slightly above 2020 levels, signalling weaker profitability compared to recent years. The downturn was attributed to shifting volumes and continued rate pressure.
Operational profitability, measured by EBIT per TEU, remained positive across major carriers. OOCL led with US$249/TEU, while ONE posted US$12/TEU. Maersk, Hapag-Lloyd and COSCO reported below US$100/TEU, at US$35, US$53 and US$79 respectively. HMM and ZIM posted US$176 and US$167. Yang Ming and CMA CGM had yet to release full Q2 data.
Trade performance varied by region. The Asia-Europe corridor saw robust growth, with half the carriers reporting double-digit volume increases year-on-year. In contrast, the Transpacific market experienced widespread declines.
SeaNews Turkey
