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German carrier Hapag-Lloyd reported an eight percent increase in earnings at $2.8 billion for 2024 on five percent increase in volumes to 12.5 million TEUs (despite the rerouting of ships via the Cape of Good Hope due to the security situation in the Red Sea and the associated longer voyage times) and stable average freight rate ($1,492/TEU). #HapagLloyd #CapeofGoodHope #GeminiCooperation #Maersk #shipping

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