{"id":57202,"date":"2026-05-13T06:45:01","date_gmt":"2026-05-13T06:45:01","guid":{"rendered":"https:\/\/applenews.cloud.aawsat.london\/?p=57202"},"modified":"2026-05-13T07:45:12","modified_gmt":"2026-05-13T07:45:12","slug":"hapag-lloyd-posts-q1-net-loss-on-severe-weather-iran-war-disruptions","status":"publish","type":"post","link":"https:\/\/applenews.cloud.aawsat.london\/?p=57202","title":{"rendered":"Hapag-Lloyd Posts Q1 Net Loss on Severe Weather, Iran War Disruptions"},"content":{"rendered":"<p>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.<\/p>\n<\/p>\n<p>The group posted a net loss of 219 million euros ($257.00 million) \u2060compared to a \u2060profit of 446 million euros in the first three months of 2025, Reuters reported.<\/p>\n<\/p>\n<p>Hundreds of commercial vessels and up to 20,000 seafarers have been unable to transit the Strait \u2060of Hormuz, a vital energy-trade waterway that has been virtually closed since the US and Israel began attacks on Iran in February.<\/p>\n<p>\n&#8220;The first quarter of 2026 was unsatisfactory for us, with weather-related supply chain disruptions and pressure on freight rates leading to significantly lower results,&#8221; Chief Executive Rolf Habben \u2060Jansen \u2060said in a statement.<\/p>\n<\/p>\n<p>The group confirmed its outlook for 2026 earnings before interest, tax, depreciation, and amortization (EBITDA) between $1.1 billion and $3.1 billion and earnings before interest and tax (EBIT) between a loss of $1.5 billion and a profit of $0.5 billion, saying it would focus on &#8220;rigorous cost management&#8221; in the context of volatile markets.<\/p>\n<p><a href=\"https:\/\/english.aawsat.com\/node\/5272659\">Original Post<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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) \u2060compared to a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":57204,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"2026-05-13T07:45:16Z","apple_news_api_id":"282bc50e-a0d8-4a34-8f05-825ffc4ad883","apple_news_api_modified_at":"2026-05-13T07:45:16Z","apple_news_api_revision":"AAAAAAAAAAD\/\/\/\/\/\/\/\/\/\/w==","apple_news_api_share_url":"https:\/\/apple.news\/AKCvFDqDYSjSPBYJf_ErYgw","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-57202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"apple_news_notices":[],"_links":{"self":[{"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=\/wp\/v2\/posts\/57202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57202"}],"version-history":[{"count":1,"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=\/wp\/v2\/posts\/57202\/revisions"}],"predecessor-version":[{"id":57203,"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=\/wp\/v2\/posts\/57202\/revisions\/57203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=\/wp\/v2\/media\/57204"}],"wp:attachment":[{"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/applenews.cloud.aawsat.london\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}