Hapag-Lloyd with a strong third quarter
Hapag-Lloyd concluded the third quarter of 2026 with a significantly higher Group EBITDA of USD 1.7 billion (EUR 1.5 billion) compared to the same period of the previous year. Group EBIT climbed to USD 1.1 billion (EUR 0.9 billion) and Group profit to USD 1.0 billion (EUR 0.9 billion). The main drivers for this positive ...
Hapag-Lloyd reported a strong third quarter of 2026, with a significant increase in Group EBITDA to USD 1.7 billion and Group profit to USD 1.0 billion. This positive performance was driven by higher freight rates, strong vessel utilization in the Liner Shipping segment, and dynamic growth in the Terminal & Infrastructure segment.
The Liner Shipping revenue rose to USD 6.7 billion, driven by a higher average freight rate of USD 1,808 per TEU, despite a conflict in the Middle East and weather-related disruptions. The Terminal & Infrastructure segment also grew, with revenue increasing to USD 197 million and EBITDA advancing to USD 56 million. Hapag-Lloyd CEO Rolf Habben Jansen expressed satisfaction with the strong performance, acknowledging challenges due to geopolitical tensions and operational disruptions.
The company expects continued growth in the upcoming quarters, with an updated earnings outlook for the 2026 financial year, expecting Group EBITDA between USD 4.6 billion to 5.0 billion and Group EBIT between USD 2.0 billion to 2.4 billion.
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