Hapag‑Lloyd warns of 2026 loss
Hapag‑Lloyd reported a 62% EBIT decline for 2025 and warned it likely faces an operating loss in 2026 as freight rates keep falling — even though terminal revenue grew 18%. The numbers underline pressure on carrier economics that will ripple into routing choices, spot pricing, and the service guarantees logistics platforms must expose to customers. (container-mag.com)
Hapag‑Lloyd reported full‑year 2025 Group revenue of USD 21.1 billion, Group EBITDA of USD 3.6 billion and Group EBIT of USD 1.1 billion, with Group profit around USD 1.04 billion. (hapag-lloyd.com) The company’s 2026 guidance sets Group EBITDA in a range of USD 1.1–3.1 billion and Group EBIT between USD –1.5 billion and USD 0.5 billion. (hapag-lloyd.com) Transport volumes rose 8% in 2025 to 13.5 million TEU while Hapag‑Lloyd disclosed an average freight rate of USD 1,376 per TEU, about 8% below the prior year. (hapag-lloyd.com) The Gemini Cooperation with Maersk, launched February 1, 2025, phased in roughly 340 vessels across 57 services and targets schedule reliability above 90% as the network’s operational backbone. (hapag-lloyd.com) Hapag‑Lloyd signed a definitive merger agreement to acquire ZIM Integrated Shipping Services for USD 35.00 per share, valuing the deal at roughly USD 4.2 billion, with shareholder and regulatory approvals expected by late 2026. (investors.zim.com) The board proposed a dividend of EUR 3.00 per share for 2025, and the company reports a fleet of about 301 container ships with a total transport capacity cited near 2.5 million TEU. (hapag-lloyd.com) Analysts note the 2026 midpoint sits below zero, which Hapag‑Lloyd’s materials say would mean the carrier records its first operating loss since the pre‑pandemic trough. (container-mag.com)
