Hapag-Lloyd reported a robust recovery in its second-quarter earnings, driven by strong exports from Asia and improved U.S. demand. The German shipping company posted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $829 million, slightly up from $820 million in the same period last year. This rebound followed operational disruptions that had impacted the first quarter, with Asia exports and U.S. market improvements cited as key contributors to the turnaround.

However, the company faced significant cost pressures, with around $600 million in expenses linked to the ongoing Middle East conflict. Despite these challenges, Hapag-Lloyd’s performance reflects resilience in global trade routes. The company’s first-half results still showed an overall group loss, highlighting the volatility of shipping markets amid geopolitical tensions and fluctuating demand.

Analysts noted that while the second quarter provided relief, sustained recovery will depend on stabilizing costs and maintaining export volumes.