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المشهد العربي
Habag Lloyd reports $600M loss from Hormuz closure
Hapag-Lloyd was affected by losses of $600 million in the second quarter of 2026 due to the closing of the Strait of Hormuz and increasing conflicts in the Middle East. This led to a significant downturn in its profits despite revenue rising to $5.84 billion, a 10.8% increase compared to the same period last year. While the company experienced improvements in shipping performance and the U.S. markets, the ongoing regional instability continued to impact its financial results, with net profit declining by 72.8% to $83 million.
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