According to the company's release, Hapag-Lloyd has concluded the first nine months of 2023 with a Group EBIT of USD 4.5 billion (EUR 4.2 billion) and a Group EBIT of USD 3.0 billion (EUR 2.8 billion). The Group's profit stood at USD 3.4 billion (EUR 3.2 billion). These results are significantly below the prior-year level due to the severe change in market conditions. With the further expansion of its terminal business, the Hapag-Lloyd Group's business activities have also been split for the first time into Liner Shipping and Terminal and infrastructure segments. 

In the first nine months of 2023, the EBITDA in the Liner Shipping segment decreased to USD 4.5 billion (EUR 4.1 billion). The EBIT fell to USD 3.0 billion (EUR 2.7 billion). Revenues decreased to USD 15.2 billion (EUR 14.1 billion) due to a lower average freight rate of 1,604 USD/TEU (9M 2022: 2,938 USD/TEU). This dropped even further in Q3 2023, to USD 1,312/TEU (Q3 2022: USD 3,106/TEU), and it was much lower in several trades compared to the same period of the prior year. In contrast, the transport volumes improved in the third quarter, rising by just under 5 per cent to 3,110 TTEU (Q3 2022: 2,975 TTEU). As a result, the combined volumes of 8,916 TTEU in the first nine months of the year were almost on par with those of the prior-year period (9M 2022: 8,987 TTEU).

Transport expenses experienced a year-on-year decrease of 11 per cent, to USD 9.6 billion (EUR 8.9 billion), owing in particular to the ongoing normalization of global supply chains as well as a lower average bunker consumption price of USD 611 per tonne (9M 2022: 755 USD/t).