Hapag-Lloyd hit by $600m cost headwind from Iran war

Hapag-Lloyd, one of the world’s largest container shipping companies, said its second-quarter 2026 earnings were hit by the US-Iran war, which led to the closure of the Strait of Hormuz. The German group recorded a $600 million cost headwind from the conflict, as net profit fell to $83 million from $306 million a year earlier. […]