Hapag-Lloyd

Hapag-Lloyd reported Q2 revenue of USD 5.8 billion, beating the estimate of USD 4.86 billion; EBITDA rose to USD 829 million and EBIT returned to the black at USD 176 million. Transport volume grew to 3.5 million TEU, the average freight rate increased to USD 1,475/TEU, and net profit amounted to USD 83 million. Management expects a stronger second half of 2026, the stock rose in premarket trading, and risks such as bunker costs and geopolitical disruptions were highlighted. » More on de.investing.com

Hapag-Lloyd plans to slowly and steadily increase transport volume through the Red Sea and the Suez Canal, as the security situation there has improved according to CEO Rolf Habben Jansen. The carrier will, however, monitor the situation closely and continues to avoid the Strait of Hormuz. Hapag-Lloyd reported a solid second quarter, raised its annual forecast and expects EBIT between €100 million and €1 billion, but warned of significant uncertainties due to volatile freight rates and the Middle East conflict. The stock rose noticeably in trading. » More on finanzen.net

Hapag-Lloyd posted a group loss of €148 million for the first half of the year, weighed down in part by around USD 600 million in additional costs for fuel, insurance and interim storage resulting from the Iran war. The shipping company has withdrawn vessels from the Strait of Hormuz and is offering affected customers combined transport solutions. Transits via the Suez Canal are being tested again and the situation there is better than at the start of the year, but the outlook remains uncertain due to volatile freight rates and regional conflicts. Terminal business grew significantly (revenue €308 million) and remains a strategic focus, while the planned acquisition of ZIM is being pursued despite political concerns. » More on welt.de