德國(guó)赫伯羅特一站式線上服務(wù)平臺(tái)Hapag-Lloyd市場(chǎng)前景及投資研究報(bào)告-培訓(xùn)課件外文版2024.6

COMPANIES

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PRODUCTSHapag-LloydCHAPTER

01OverviewInternationalseabornetradecarriedbycontainershipsfrom1980to2023(inbilliontonsloaded)Globalmaritimetradecarriedbycontainers1980-20232.52.01.51.02.22.11.951.851.851.851.751.71.61.20.950.60.50.00.40.20.150.119801985199019952000200520102015201620172018201920202021202220233Description:Thevolumeofinternationalseabornetradecarriedbycontainershipsbetween1980and2023steadilyincreased.Globally,seabornecontainerizedcargoamountedtoaround2.2billiontonsloadedin2023.

ReadmoreNote(s):Worldwide;1980to2023Source(s):ClarksonResearchServices;estimates;UNCTADCapacityofcontainershipsinseabornetradefrom1980to2023(inmilliondwt)Capacityofcontainershipsinseabornetrade1980-202330025020015010028227526625324624422822722016998644450026201119801985199019952000200520102015201620172018201920202021202220234Description:In2023theworldmerchantcontainershipfleethadacapacityofaround227millionmetrictonsdeadweight.AsofJanuary2021,therewere5,307containershipsintheworld'smerchantfleet.ReadmoreNote(s):WorldwideSource(s):ClarksonResearchServices;UNCTADContainerizedcargoflowsonmajorcontainertraderoutesin2022,bytraderoute(inmillionTEUs)Containerizedcargoflows2022,bytraderoute3028.224.22520151058.50Trans-PacificEurope-Asia-EuropeTraderouteTranslatlantic5Description:Nearly30milliontwenty-footequivalentunits(TEU)ofcargoareexpectedtobetransportedacrossthePacificOceanin2023,makingTrans-Pacificroutesthelargestshippingzoneintermsofloadsize.Asaresultofgrowingglobalization,thevolumeofseabornetradereachedalmost11billionmetrictonsin2021.ReadmoreNote(s):Worldwide;2023Source(s):MDSTransmodal;UNCTADGlobalcontainerfreightrateindexfromthe12thJanuary2023tothe18thApril2024(inU.S.dollarsper40-footcontainer)Monthlycontainerfreightrateindexworldwide2023-20244,5004,0003,5003,0002,5002,0001,5001,00050006Description:ContainerfreightratesoscillateddramaticallybetweenJanuary2023andMarch2024.Freightratesslumpedtotheirlowestlevelonthe26thofOctober2023,whenthegoingratefora40-footcontainerwasonly1,342U.S.dollars.Sincethen,theglobalfreightratehasgraduallyincreased,hittingover3,900U.S.dollarsinFebruary2024,thehighestvalueonrecord,beforedecreasingslightlyinMarchandApril.ReadmoreNote(s):Worldwide;January2023

toApril2024Source(s):DrewryContainershipoperatoralliances'shareoftheglobalcontainerfleetcapacityasofApril16,2024Containershipoperatoralliances'shareoftheglobalcontainerfleetcapacity2024THEAlliance16%2MAlliance34%Others21%O3Alliance29%7Description:Theglobalcontainershippingmarkethasconsolidatedintothreemainalliancesoverthelastdecade.AsofApril2024,the2MAlliance,composedofMaerskandMSC,controlledsome34percentoftheglobalcontainershipfleetcapacity.

ReadmoreNote(s):Worldwide;asofApril16th,2024Source(s):Alphaliner;Leadingshipoperator'sshareoftheworldlinerfleetasofApril16,2024Leadingcontainershipoperators-shareofworldlinerfleet2024Shareofworldlinerfleet0%2%4%6%8%10%12%14%16%18%20%22%MediterraneanShgCoAPM-MaerskCMACGMGroupCOSCOGroupHapag-LloydONE19.9%14.6%12.5%10.6%7%6.4%EvergreenLineHMMYangMingMarineZim5.7%2.8%2.4%2.4%WanHaiLinesPIL1.7%1.1%0.6%SITC8Description:AsofApril16,2024,MediterraneanShgCoandAPM-Maerskoperated19.9and14.6percentoftheworldlinerfleet,respectively.TheCMACGMGrouprankedthirdwithashareof12.5percentoftheglobalcontainerfleet.

ReadmoreNote(s):Worldwide;April16,2024Source(s):AlphalinerAveragemonthlyschedulereliabilityofmaincontainercarriersfromNovember2020toJuly2023,bycarrierMonthlyschedulereliabilityofmajorcontainerlinersbycarrier2020-2023MaerskONEHamburgSüdMSCOOCLHapag-LloydYangMingCMACGMWanHaiZIMPILHMMEvergreenCOSCO85%75%65%55%45%35%25%15%5%9Description:SchedulereliabilityofmajorcontainercarriersoscillatedbetweenNovember2020andJuly2023.InJuly2023,about72percentoftheshipsoperatedbyMSC—whotoppedthelistasthemostreliablecontainercarrierthismonth—arrivedattheirdestinationontime.Thisrepresentsasignificantimprovementinschedulereliabilitycomparedto2021and2022.ReadmoreNote(s):Worldwide;November2020toJuly2023Source(s):Sea-IntelligenceAverageEBITmarginsofmaincontainercarriersfromthefirstquarterof2014tothefourthquarterof2023EBITmarginsofmaincontainershippingcompanies2014-202370%60%50%40%30%20%10%0%-10%-20%10Description:TheaverageEBITmarginofmaincontainershippingcompaniesrosesteeplybetween2020and2023.WhiletheaverageEBITmarginamountedtoaround2.6percentinthefirstquarterof2020,itsvalueclimbedto57.4percentinthefirstquarterof2022.Therestof2022,however,sawadeclineofthemargin,droppingto33.3percentinthefourthquarterof2022.Themargincontinueddeclininginthefirsthalfof2023,decreasingto8.9percentinthesecondquarterof2023andreached-3[...]

ReadmoreNote(s):Worldwide;Q12014toQ42023Source(s):AlphalinerImpactonRedSeavesselshippedcrudeoilexportscausedbytheIsrael-HamasconflictfromOctober7th2023toFebruary9th2024(inbarrelsperday)ImpactonRedSeavesselshippedoilexportscausedbytheIsrael-Hamasconflict20244,500,0004,000,0003,500,0003,000,0002,500,0002,000,0001,500,0001,000,000500,000011Description:SincetheoutbreakoftheIsrael-HamasconflictonOctober7th2023,TheshippingindustryintheRedSeahasbeenseverelyimpacted.WithmultipleattacksbyHoutirebelsinYemenaswellasthehijackingofthevehicletransportingvessel,theGalaxyLeaderonNovember19th2023,theextremeviolenceintheregionhasseverelylimitedtheimportandexportofgoods.Despiterepeatedattemptsatnegotiatingaceasefire,theconflictatpresentshowsverylittlesignofstopping,[...]

ReadmoreNote(s):Asia,Israel,Palestinianterritories;2024Source(s):VortexaCHAPTER

02FinancialsNumberofHapag-LloydshipsfromFebruary2021toMay2023Hapag-Lloyd-numberofships2021-2023CharteredOwnedOrderbook30025020015010050013Description:AsofMay2023,Hapag-Lloydoperated249shipswithacapacityofaround1.8milliontwenty-foot-equivalentunits,whichcouldbebrokendowntosome1.1milliontwenty-foot-equivalentunitsofownedcapacityandabout700,000twenty-footequivalentunitsofcharteredcapacity.InDecember2014,Hapag-LloydcompleteditsmergerwithCSAVtobecomeoneofthelargestcontainershippingcompaniesworldwide.ReadmoreNote(s):Worldwide;February2021toMay2023Source(s):AlphalinerNumberoftwenty-footequivalentunitsofHapag-LloydfromFebruary2021toMay2023TEUcapacityHapag-Lloyd2021-2023OwnedCharteredOrderbook2,500,0002,000,0001,500,0001,000,000500,000014Description:AsofMay2023,theGermany-basedtransportationcompanyHapag-Lloydownedshipswithatotalcapacityofover1.1millionTEUs.InDecember2014,Hapag-LloydcompleteditsmergerwithCSAVtobecomeoneofthelargestcontainershippingcompaniesworldwide.ReadmoreNote(s):Worldwide;February2021toMay2023Source(s):AlphalinerRevenueofHapag-LloydfromFY2018toFY2023(inmillioneuros)Hapag-Lloyd'srevenue2018-202340,00034,54335,00030,00025,00020,00015,00010,0005,000022,27417,93012,607.912,772.411,617.520182019202020212022202315Description:Hapag-Lloyd,oneoftheworld'sleadingcontainertransportationcompaniesbothintermsofthenumberofshipsinitsfleetandTEUcapacity,reportedarevenueofmorethan17.9billioneurosinthe2023fiscalyear.Comparedtothepreviousfiscalyear,thisrepresentsadecreaseofsome48percent.ReadmoreNote(s):Worldwide;FY2018toFY2023Source(s):Hapag-LloydTotalassetsofHapag-LloydfromFY2018toFY2023(inmillioneuros)Hapag-Lloyd'stotalassets2018-202345,00038,68740,00035,00030,00025,00020,00015,00010,0005,000029,01226,71516,20015,30115,18420182019202020212022202316Description:Hapag-Lloyd,oneoftheworld'slargestcontainertransportationcompanies,ownedtotalassetsworthalmost29billioneurosinits2023fiscalyear.Comparedwiththepreviousfiscalyear,thecompanyrecordedadecreaseofabout25percentintotalassets.ReadmoreNote(s):Worldwide;FY2018toFY2023Source(s):Hapag-LloydEBITofHapag-LloydfromFY2018toFY2023(inmillioneuros)Hapag-Lloyd'sEBIT2018-202320,00018,00016,00014,00012,00010,0008,0006,0004,0002,000017,2439,3902,53120231,3152020811444201820192021202217Description:Hapag-Lloyd,oneoftheworld'sleadingcontainertransportationcompanies,reportedanEBITofover2.5billioneurosinthe2023fiscalyear.Comparedtothepreviousfiscalyear,thisrepresentsadecreaseofaround85percent.

ReadmoreNote(s):Worldwide;FY2018toFY2023Source(s):Hapag-LloydNumberofHapag-Lloyd'semployeesfromFY2018toFY2023NumberofHapag-Lloyd'semployees2018-202318,00016,00016,29514,24814,10614,00012,00010,0008,0006,0004,0002,000013,11712,99612,76520182019202020212022202318Description:ThenumberofemployeesworkingonHapag-Lloyd'spayrollincreasedbetween2018and2023.In2023,Hapag-Lloydwasemploying16,295people,anincreaseofaboutfourteenpercentcomparedwiththepreviousyear.

ReadmoreNote(s):Worldwide;FY2018toFY2023Source(s):Hapag-LloydCHAPTER

03SegmentsRevenueofHapag-LloydinFY2023,byregion(inmillioneuros)Hapag-Lloyd'srevenuebytrade20235,0004,472.64,5004,0003,5003,0002,5002,0001,5001,0005003,572.72,897.82,664.31,298.11,244.21,075.3Africa*536.60LatinAmericaAtlanticTranspacificFarEastMiddleEastIntra-AsiaRevenuenotassignedtotrades20Description:Hapag-Lloydgeneratedtotalrevenueofover17.7billioneurosinthe2023fiscalyear.TheLatinAmericanregionwasthemostprofitableregionforthecompanythatyear,creatingarevenueofalmost4.5billioneuros.

ReadmoreNote(s):Worldwide;FY2023;*AspartoftheintegrationofNileDutchinthethirdquarterof2021,theEMAtrade(Europe-Mediterranean-Africa)wasrenamedtoAfricatrade.Intra-EuropeantransportvolumesarenowaddedtotheAtlantictrade.

ReadmoreSource(s):Hapag-LloydVolumeofcargotransportedbyHapag-LloydinFY2023,byregion(in1,000TEUs)Hapag-Lloyd'svolumeoftransportedcargobytrade20233,5002,9083,0002,5002,0001,5001,0005002,1802,0311,8711,4267697210LatinAmericaFarEastAtlanticTranspacificMiddleEastIntra-AsiaAfrica*21Description:Hapag-Lloydtransportedover11.9millionTEUsofcargointhe2023fiscalyear.MostcargowastransportedtoandfromLatinAmericathatyear,whichamountedtoalmostthreemillionTEUs.

ReadmoreNote(s):Worldwide;FY2023;*AspartoftheintegrationofNileDutchinthethirdquarterof2021,theEMAtrade(Europe-Mediterranean-Africa)wasrenamedtoAfricatrade.Intra-EuropeantransportvolumesarenowaddedtotheAtlantictrade.

ReadmoreSource(s):Hapag-LloydFreightratesofHapag-LloydfromFY2020toFY2023,byregion(inU.S.dollarsperTEU)Hapag-Lloyd'sfreightratesbytrade2020-202320202021202220234,5004,0003,5003,0002,5002,0001,5001,0005000TranspacificFarEastAtlanticTotal(weightedaverage)LatinAmericaAfrica*MiddleEastIntra-Asia22Description:ThehighestfreightratechargedbycontainercarrierHapag-Lloydin2023wasonitsTranspacifictraderoute,amountingtoover1,600U.S.dollarsperTEU.Theaveragefreightratechargedbythecarrierwasexactly1,500U.S.dollarsperTEUin2023,adecreaseofsome47percentcomparedwith2022.ReadmoreNote(s):Worldwide;FY2020andFY2023;*AspartoftheintegrationofNileDutchinthethirdquarterof2021,theEMAtrade(Europe-Mediterranean-Africa)wasrenamedtoAfricatrade.Intra-Europeantransportvolumesarenowaddedtothe[...]

ReadmoreSource(s):Hapag-LloydHapag-Lloyd'sgreenhousegas(GHG)emissionsfrom2017to2023(inmillionmetrictonsofCO?equivalent)Hapag-Lloyd'sGHGemissions2017-20231613.713.7141210813.413.412.812.6112.26420201720182019202020212022202323Description:In2023,Hapag-Lloyd'sfleetemittedsome12.6millionmetrictonsofCO2equivalent,lowerthantheamountofemissionsthecompany'sfleetproducedin2021and2022.In2020,Hapag-Lloyd'sshipsemittedabout12.8millionmetrictonsofCO2equivalent.ThisdropwascausedbytheCOVID-19pandemicwhichhasmadetransportationofgoodsmorechallenging.ReadmoreNote(s):Worldwide;2017to2023Source(s):Hapag-LloydCHAPTER

04CompetitorsTheworld'sleadingcontainershipoperatorsasofApril16th,2024,basedonnumberofownedandcharteredshipsLeadingcontainershipoperators-ownedandcharteredships2024NumberofshipsOwned300Chartered4000100200500600700800900MediterraneanShgCoAPM-MaerskCMACGMGroupCOSCOGroupHapag-LloydONEEvergreenLineZimWanHaiLinesSITCYangMingMarinePIL25Description:AsofApril16th,2024,MediterraneanShippingCompany(MSC)remainedtheleadingcontainershipoperatorintermsofownedandcharteredships.MSChad516ownedcontainervesselsand296charteredshipsinitsfleet.

ReadmoreNote(s):Worldwide;April16,2024Source(s):AlphalinerTheworld'sleadingcontainershipoperatorsasofApril16th,2024,basedonTEUcapacityLeadingcontainershipoperatorsbasedontotalTEUs2024TotalTEUs3,000,00001,000,0002,000,0004,000,0003,658,5275,000,0006,000,0005,800,4977,000,000MediterraneanShgCoAPM-MaerskCMACGMGroupCOSCOGroupHapag-LloydONE4,260,6723,100,7452,053,5081,871,1441,671,007EvergreenLineHMM809,224712,647707,108ZimYangMingMarineWanHaiLines490,48026Description:AsofApril16,2024,MediterraneanShippingCompany'sshipshadacapacityofaround5.8milliontwenty-footequivalentunits(TEUs),toppingtherankingsasthecarrierwiththelargestcapacity.ThecompanywasfollowedbyAPM-Maerskwhohadacapacityofroughly4.26millionTEUs.ReadmoreNote(s):Worldwide;April16,2024Source(s):AlphalinerAPM?ller-M?rsk'srevenuefromFY2009toFY2023(inmillionU.S.dollars)APM?ller-M?rsk'srevenueA/S2009-202390,00080,00070,00081,52961,78760,00051,06549,91749,49150,00040,00030,00020,00010,000045,55939,74039,25738,89037,90234,80633,90830,76931,18927,64620162009201020112012201320142015201720182019202020212022202327/statistics/263965/revenue-of-ap-moeller-maersk-a-sA.P.M?ller-M?rskA/Sgeneratedaround51.1billionU.S.dollarsinrevenuein2023,asignificantdecreasefromthepreviousyear.In2021,thesegmentofoceantransportationwasresponsibleformorethan76percentofA.P.M?ller-M?rsk'srevenue.ReadmoreNote(s):Worldwide;FY2009toFY2023Source(s):MaerskNumberoftwenty-footequivalentunitsofAPM-MaerskfromFebruary2021toMay2023APM-MaersknumberofTEUs2023OwnedCharteredOrderbook5,000,0004,500,0004,000,0003,500,0003,000,0002,500,0002,000,0001,500,0001,000,000500,000028Description:AttheendofMay2023,APM-Maerskownedshipswithacombinedcapacityofaround2.5milliontwenty-footequivalentunits.Inaddition,theycharteredshipswithcapacityamountingtoroughly1.6millionTEUs.Overthepastyear,APM-Maerskhassubstantiallyincreaseditsordersfornewships.ReadmoreNote(s):Worldwide;February2021toMay2023Source(s):AlphalinerMediterraneanShippingCompany'snumberoftwenty-footequivalentunits(TEUs)fromFebruary2021toMay2023MSC-numberofTEUs2021-2023CharteredOwnedOrderbook7,000,0006,000,0005,000,0004,000,0003,000,0002,000,0001,000,000029Description:TheSwitzerland-basedMediterraneanShippingCompanycharteredshipswithacapacityofapproximately2.6milliontwenty-footequivalentunitsinMay2023.Theshipsownedbythecompanyhadacapacityofaround2.4milliontwenty-footequivalentunits,whileshipsintheorderbookhadacapacityofroughly1.6milliontwenty-footequivalentunits.ReadmoreNote(s):Worldwide;February2021toMay2023Source(s):AlphalinerCMACGM'srevenuefromFY2017toFY2023(inbillionU.S.dollars)CMACGM:revenue2017-20238074.570605040302010055.9847.0231.4530.2523.48201821.1220172019202020212022202330Description:Inthe2023fiscalyear,theMarseille-basedshippingcompanyCMACGMgeneratedrevenueof47.02billionU.S.dollars.Thisrepresentsandecreaseofabout36percentcomparedwiththepreviousfiscalyear.

ReadmoreNote(s):Worldwide;FY2017toFY2023Source(s