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interim group management report I hapag-lloyd interim group report 9M · 2012
Transport volumes and freight rates
Freight rates and transport volumes are among the main performance indicators used to gauge corporate
development at the Hapag-Lloyd Group.
In the first nine months of 2012, Hapag-Lloyd transported 3,963 TTEU worldwide. This corresponds to
growth of 2.3% compared with the same period of the previous year. With the exception of the Atlantic
trade, the development in transport volumes was positive on all trades during the period under review.
Above-average growth in cargo volumes was achieved on the Transpacific and Australasia trades.
Developments in transport volume by trade
TTEU 9M 2012 9M 2011 9M 2010 9M 2009 9M 2008
Atlantic 857 876 859 787 1,029
Latin America 881 869 814 655 728
Far East 861 849 848 793 977
Transpacific 909 848 807 741 861
Australasia 455 432 400 517 634
Total 3,963 3,874 3,728 3,493 4,229
In the first three quarters of 2012, the average freight rate was USD 1,574/TEU and therefore 2.2% up on
the same period a year ago. This rise was attributable to the freight rate increases and surcharges imposed
largely in the first six months of 2012. Competition remained tough, however, and continued to burden
freight rate developments, especially on the Far East trade. In spite of the rate rises, the average freight
rate on this trade was down 4.1% in the reporting period against the same period a year ago. By contrast,
the Transpacific and Latin America trades saw positive developments in average freight rates.
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