Hapag-Lloyd ended the first quarter of 2026 with a loss amid falling rates and disruptions in global supply chains.
The German container shipping line Hapag-Lloyd concluded the first quarter of 2026 with an EBITDA of $494 million (€422 million); however, its operating performance was negative: EBIT stood at minus $157 million (minus €134 million), and the net loss amounted to $256 million (€219 million). These results were impacted by declining freight rates, as well as severe operational disruptions caused by extreme weather conditions and the blockage of the Strait of Hormuz.
