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Hapag-Lloyd Forecasts Earnings Decline Amid Rising Costs

2/10/2026

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Summary

Story summary

Hapag-Lloyd, a major German shipping company, is expected to report a decline in its 2025 earnings.
The decline is driven by higher costs from rerouting ships through the Cape of Good Hope and startup expenses for its Gemini Network.
These factors have led to an 8% drop in the company's average freight rate.

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Story summary

Hapag-Lloyd, a major German shipping company, is expected to report a decline in its 2025 earnings.
The decline is driven by higher costs from rerouting ships through the Cape of Good Hope and startup expenses for its Gemini Network.
These factors have led to an 8% drop in the company's average freight rate.