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 development were significantly higher freight rates, strong vessel utilization in the Liner Shipping business and dynamic growth in the Terminal & Infrastructure segment.

In the Liner Shipping segment, revenue increased to USD 6.7 billion (EUR 5.8 billion) in the third quarter of 2026, driven by a significantly higher average freight rate of USD 1,808 per TEU (Q3 2025: USD 1,413 per TEU). Transport volumes reached 3.4 million TEU, remaining in line with the prior-year quarter despite the conflict in the Middle East and weather-related operational disruptions, both of which also put pressure on unit costs. EBITDA increased to USD 1.7 billion (EUR 1.4 billion), while EBIT rose to USD 1.1 billion (EUR 0.9 billion).

The Terminal & Infrastructure segment continued to grow. Revenue increased to USD 197 million (EUR 171 million) in the third quarter of 2026, reflecting investments in new and existing terminal capacity and improved performance of Latin American terminals. EBITDA advanced to USD 56 million (EUR 49 million), while EBIT improved to USD 34 million (EUR 29 million).

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →