Lower revenue, higher costs drive Hapag-Lloyd to loss

Stuart Chirls

Thu, May 14, 2026 astatine 8:58 AM CDT 1 min read

Hapag-Lloyd saw profits evaporate successful the archetypal 4th arsenic upwind and the Mideast struggle disrupted operations.

The world’s fifth-largest water instrumentality enactment said liner gross fell 8% to $4.8 cardinal year-over twelvemonth connected measurement that was narrowly disconnected 1% astatine 3.2 cardinal 20 ft equivalent units (TEUs).

That compared to planetary measurement that accrued 4.4%, according to Container Trade Statistics.

Liner net earlier interest, taxes and depreciation (EBIT) dropped to a nonaccomplishment of $174 million.

The mean freight complaint of $1,330 per TEU was weaker by 9.5% from the year-ago quarter. That was successful enactment with CTS information showing a 9.7% decline.

“The archetypal 4th of 2026 was unsatisfactory for us, with weather-related proviso concatenation disruptions [in the Atlantic] and unit connected freight rates starring to importantly little results,” said Rolf Habben Jansen, main enforcement of Hapag-Lloyd AG, successful an net release.

Hapag-Lloyd maintained full-year 2026 guidance of net earlier interest, taxes, depreciation and amortization (EBITDA) of $1.1 billion–$3.1 billion; and EBIT of a nonaccomplishment of $1.5 cardinal to a nett of $500 million.

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