Hapag News

ZIM Integrated Shipping Services reported stronger second-quarter 2026 results, as its exposure to the Transpacific trades, higher freight rates and increased container volumes helped drive revenue and profit higher, while the carrier continues a significant fleet renewal program ahead of its pending acquisition by Hapag-Lloyd.ZIM posted second-quarter revenue of $1.78 billion, up 9% year-on-year, while net income jumped to $64 million from $24 million. Adjusted EBITDA increased 4% to $491 million, and adjusted net income reached $77 million.

Hapag-Lloyd reported a recovery in second-quarter 2026 earnings as stronger container volumes and spot rates helped counter roughly $600 million in additional costs stemming from the Middle East conflict.The German container shipping group posted Q2 EBITDA of $829 million, slightly above $820 million a year earlier, while EBIT slipped to $176 million from $189 million. Group profit fell sharply to $83 million from $306 million. Revenue increased to $5.84 billion from $5.27 billion.The improvement from a weak first quarter was driven by strong Asian exports and improved U.S. demand.

Danish shipping group Maersk on Thursday raised its full-year earnings guidance for a second time this year and smashed profit forecasts as global container demand proved resilient in the face of the Middle East conflict.Surging freight rates, fuelled by gridlocked ports and strong Chinese export growth, delivered a windfall that dwarfed the additional costs caused by Middle East disruption, defying fears that the conflict would tip the global economy into recession and dent container demand.Maersk's second-quarter profit before interest…

Maersk, one of the world's biggest container shipping groups, said on Thursday it would resume its Middle East-to-U.S. East Coast service through the Suez Canal, as the Danish group takes another step toward restoring routes through the Red Sea.Most shipping companies abandoned the Asia-Europe trade corridor through the Suez Canal after attacks in the Red Sea by Yemen's Houthis, forcing vessels to take the much longer route around Africa's Cape of Good Hope.

Inmarsat Maritime, a Viasat company, has secured an agreement with Hapag-Lloyd to deploy NexusWave across its global fleet, following successful onboard trials of the fully managed bonded connectivity service.Hapag-Lloyd began evaluating NexusWave in 2024 as part of its broader digitalization roadmap and Strategy 2030 ambitions. During the trial phase, direct crew feedback highlighted the service’s ability to deliver a consistent “home-like” internet experience with consistent global availability.

Geopolitical uncertainty, decarbonization, digitalization and new energy efficiency requirements are fundamentally reshaping the maritime industry. At the joint press conference for SMM 2026, MS&D Conference & Expo and ALL ABOUT PORTS, representatives from industry, shipping the port sector and maritime organizations discussed the key challenges and opportunities facing the future of the industry. While SMM puts the key future challenges facing the maritime industry centre stage, the MS&D Conference & Expo focuses on current issues in maritime security and defense.

Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz could take weeks to rebuild and navigation will only restart once safety is assured, after the U.S. and Iran agreed a framework deal to reopen the waterway.U.S. and Iranian officials are expected to sign a memorandum of understanding to end their war and reopen the strait on Friday. Global oil prices fell about 5% on Monday in response.President Donald Trump said in a Truth Social post that ships loaded with oil are starting to move out of the strait…

The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices and an uptick in demand from importers who are worried costs will only rise further as the conflict wears on."If you want to know how seriously to take the threat of an energy crisis, look at container shipping rather than oil markets because the risk is priced into the spiraling freight rates far more clearly," said Peter Sand, chief…

Yemen's Iran-aligned Houthis said on Monday that they would ban Israeli maritime navigation in the Red Sea, adding to challenges for global shipping through the Middle East during the Iran war.The group said in a statement it had launched an attack on Israel and enacted a total ban on Israeli shipping in the Red Sea, warning of further escalation.Any Houthi attacks on Red Sea shipping would worry energy markets more than three months into Iran's closure of the Strait of Hormuz…

Hapag-Lloyd and Seaspan Corporation have completed the first conversion under their joint methanol retrofit program.With delivery of the Seaspan Yangtze, the first of five 10,100 TEU charter vessels has been upgraded from a conventional MAN S90 engine to a dual-fuel engine capable of operating on methanol.The conversion marks an important milestone in the strategic collaboration between Hapag-Lloyd, Seaspan Corporation and Everllence. The program also covers Seaspan Amazon, Seaspan Ganges, Seaspan Thames and Seaspan Zambezi.

Shipping giants CMA CGM and Hapag-Lloyd said on Sunday they had suspended all bookings to and from Cuba until further notice, with both citing a U.S. executive order issued on May 1, in the latest blow to the crisis-wracked island's economy.The temporary suspension of new orders by two of the world’s largest shipping companies could jeopardize as much as 60% of Cuba's shipping traffic by volume, two sources with direct knowledge of the situation said - a fresh hit to a country already nearing collapse amid a U.S. oil blockade that has throttled the island's fuel supply.“Following the U.S.

German shipping group Hapag-Lloyd on Wednesday reported a first-quarter loss, citing the impact of lower freight rates and operational disruptions stemming from severe weather conditions and the blockage of the Strait of Hormuz on the back of the Iran war.The group posted a net loss of 219 million euros ($257.00 million) compared to a profit of 446 million euros in the first three months of 2025.Hundreds of commercial vessels and up to 20,000 seafarers have been unable to transit the Strait of Hormuz, a vital energy-trade waterway that has been virtually closed since the U.S.

The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. merchant ships had transited the Strait of Hormuz, after Iran said it had prevented a U.S. warship entering the Gulf.U.S. Central Command said its forces were supporting President Donald Trump's "Project Freedom", which aims to "guide out" commercial ships stranded in the Gulf by the U.S.-Israeli war on Iran, and were enforcing a blockade of Iranian ports.The intervention appeared to raise the risk of a direct confrontation between the U.S.

Iranian Foreign Minister Abbas Araqchi said the Strait of Hormuz was open following the agreement of a ceasefire in Lebanon, while U.S. President Donald Trump said he believed a deal to end the Iran war would come "soon", although the timing remains unclear.Araqchi said in a post on X the Strait was open for all commercial vessels for the remainder of the U.S.-brokered 10-day truce between Israeli forces and Iran-backed Hezbollah agreed on Thursday between Israel and Lebanon.A…

ZIM Integrated Shipping Services Ltd. announced that Mr. Eli Glickman, the President and Chief Executive Officer of the Company, informed the Board of Directors of his decision to depart from the Company. Mr.Glickman will continue to serve as Chief Executive Officer of the Company during a six-month notice period, to ensure orderly operations of the Company during the interim period until his replacement assumes the role.The Board of Directors intends to initiate a search process to select a successor to Mr. Glickman in the coming weeks.Mr.

Shippers on Wednesday said they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran said the waterway remained closed to vessels sailing without a permit.The six‑week conflict had brought traffic through the strait - a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments - close to a standstill, pushing global energy prices sharply higher.Iran said it would offer safe passage in coordination with its armed forces…

Shippers said on Wednesday they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran issued fresh warnings about any vessels attempting to sail through the waterway.The six‑week conflict had brought traffic through the strait - a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments - close to a standstill, pushing global energy prices sharply higher.Iran said it would offer safe passage in coordination with its armed forces…

Hapag-Lloyd voiced cautious optimism on Wednesday on the prospect of resuming shipping through the Strait of Hormuz after a two-week ceasefire agreed between the U.S. and Iran, but said that resuming normal traffic throughout its network would take at least 6-8 weeks.Speaking in a call to customers, CEO Rolf Habben Jansen echoed guarded remarks by peer container shipping group Maersk, saying that more security assurances were needed. “Even if a ceasefire has now been agreed overnight…

The Iran war has threatened Gulf ports and disrupted global trade through the Strait of Hormuz, a vital waterway through which roughly a fifth of the world's oil and liquefied natural gas normally passes.Iran's Revolutionary Guards have warned that ships passing through the narrow Strait will be targeted, after the U.S. and Israel launched strikes on the country on February 28.Below is a list of reported attacks:MARCH 1A crew member was killed on board Marshall Islands-flagged crude tanker MKD VYOM after it was hit by a projectile as the vessel sailed off the Omani coast…

Hapag-Lloyd has published its annual report for the 2025 fiscal year, announcing that the group EBITDA stood at $3.6 billion (EUR 3.2 billion) and profits at $1.0 billion (EUR 0.9 billion).The result was at the upper end of the earnings forecast, but below the previous year, particularly owing to lower freight rates and higher operational costs.“2025 was a good year for Hapag-Lloyd with solid results. We have grown our volumes and outperformed the market. Our Gemini network delivered 90% schedule reliability and customer satisfaction reached another record high.

Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub.Carriers have been avoiding the Suez Canal and the Bab el-Mandeb Strait since late 2023, when Houthi attacks on Red Sea shipping began. U.S. and Israeli strikes on Iran and the closure of the Strait of Hormuz have reinforced the shift,…

Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub.Carriers have been avoiding the Suez Canal and the Bab el-Mandeb Strait since late 2023, when Houthi attacks on Red Sea shipping began. U.S. and Israeli strikes on Iran and the closure of the Strait of Hormuz have reinforced the shift,…

Accelleron and HD HMS (HD Hyundai Marine Solution) have conducted Engine Part Load Optimization (EPLO) projects on two vessels owned by leading container line Hapag-Lloyd. The 14,000TEU Basle Express and Essen Express had main engine tunings and turbocharger components modified for lower engine loads, with sea trials and subsequent operations showing fuel savings of more than 10g/kWh, equivalent to 5% of overall consumption in specific load ranges.Accelleron and HMS’s EPLO product ensures that vessels operating at engine speeds lower than their original design…