# Hormuz disruption adds $600 mn cost to Hapag-Lloyd in Q2

2026-08-15T01:03:46+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

German shipping line Hapag-Lloyd has said the conflict in West Asia cost it about $600 million in additional expenses in the second quarter of 2026. The disruption around the Strait of Hormuz has driven up bunker fuel, insurance, storage, rerouting and inland transport costs for carriers. Maersk also reported a 44 per cent rise in average bunker price to $777 per tonne and a 36 per cent increase in total bunker costs to $2.1 billion in the same period. Both lines have raised freight rates to offset some of the burden. Hapag-Lloyd’s average rate rose 9 per cent year-on-year, while Maersk’s average loaded rate jumped 22 per cent to $2,746 per FFE. The Shanghai Containerized Freight Index nearly doubled to $3,240 per TEU by end-June 2026. Maersk said it rerouted 44,000 of the 47,000 affected containers to their destinations.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/economy/hormuz-disruption-puts-cost-pressure-on-shipping-lines-even-as-freight-rates-rise/article71344989.ece>

Tags: Hapag-Lloyd, Maersk, Strait of Hormuz, West Asia conflict
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