Severe weather and Middle East conflict: Hapag-Lloyd Q1 result unsatisfactory - Hapag-Lloyd

Hapag-Lloyd’s 2026 Q1 EBITDA significantly decreased to USD 494 million and EBIT to USD -157 million, primarily due to weather-related disruptions and lower freight rates. The Strait of Hormuz blockage also contributed to transportation issues. The company is focused on Strategy 2030 and cost management while pursuing the merger with ZIM.