Following the slump in profits in 2023, German container shipping company Hapag-Lloyd expects earnings to decline again in 2024. “We have made a satisfactory start to the current financial year, but the economic and political environment remains volatile and challenging – especially in view of the current situation around the Red Sea,” the Hamburg-based company said on Thursday when presenting its annual report for the previous year. “We therefore anticipate an overall decline in earnings for 2024.” The executive board therefore expects earnings before interest and taxes (EBIT) to be in a rang…