# Hapag-Lloyd business booming, return to Suez Canal route to be complete soon

> Hapag-Lloyd nearly quintupled third-quarter operating profit to €935m on higher freight rates, with average rates up about 28% to $1,808 per TEU. The company raised its 2026 EBIT forecast to €1.7bn–2.1bn and said it will fully return to the Red Sea and Suez Canal route at the start of next year. It has already resumed some Suez services with Maersk.

- Date: 2026-11-12 · published 2026-11-13T00:18:43.705Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/96747-hapag-lloyd-business-booming-return-to-suez-canal-route-to-be-complete-soon
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A full return to Suez would add effective container capacity and shorten voyages, which should push freight rates lower over time. This is a mild bearish signal for ocean freight costs that feed into import prices for feed ingredients.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- ca.marketscreener.com: https://ca.marketscreener.com/news/hapag-lloyd-business-booming-return-to-suez-canal-route-to-be-complete-soon-ce785ed8df80f220

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.