Hapag-Lloyd In Slides: 9M Average Freight Rate Down 9% Y/Y
Nov 14 (Reuters) -Hapag-Lloyd AG HLAG.DE:
IN SLIDES FOR INVESTOR CALL AT 1000 GMT: OUR AVERAGE FREIGHT RATE IN JAN-SEPT 2024, AT $1,467 PER 20-FOOT EQUIVALENT (TEU) BOX, WAS DOWN 9% YEAR-ON-YEAR
, CITING INDUSTRY RESEARCH: GLOBAL SHIPPING DEMAND GROWTH IN 2024 IS ESTIMATED TO BE UP 5.5% YEAR-ON-YEAR AND TO BE UP 3.0% IN 2025
: CURRENT GLOBAL SHIP ORDERBOOK TOTAL OF 7.8 MILLION TEU REPRESENTS A 26% SHARE OF WORLD FLEET, REPRESENTING THE SAME PERCENTAGE SHARE AS RECORDED IN 2023
: SCHEDULED GLOBAL VESSEL DELIVERIES IN 2024 ESTIMATED AT 3.2 MILLION TEU AFTER 2.5 MILLION TEU IN 2023; THOSE IN 2025 SEEN AT 1.9 MILLION TEU
: GLOBAL SHIP SCRAPPING AT 0.1 MILLION TEU IN 2024, UNCHANGED FROM 2023, AVERAGE AGE UNCHANGED AT 28 YEARS
Source text: [ID:]
Further company coverage: HLAG.DE
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