Hapag-Lloyd earnings recover in Q2 as higher rates offset Middle East costs
AI Summary
Hapag-Lloyd reported a recovery in Q2 earnings driven by higher freight rates and increased container volumes. The company faced around $600 million in additional costs due to disruption in the Middle East but still posted Group EBITDA above expectations.
Hapag-Lloyd reported an earnings recovery in the second quarter of 2026, supported by stronger freight rates and higher container volumes. However, disruption in the Middle East created around US$600 million in additional costs during the quarter. The German container shipping company reported Group EBITDA of US$829 million in Q2 2026, slightly above the US$820 million [โฆ] The post Hapag-Lloyd earnings recover in Q2 as higher rates offset Middle East costs appeared first on Container News.