Tags: suez canal | red sea | shipping | supply chain | iran | china | middle east

Hapag-Lloyd to Continue to Avoid Suez Canal, Decide Again Next Week

Tuesday, 09 January 2024 06:57 AM EST

Germany's Hapag-Lloyd will continue to divert its vessels away from the Suez Canal and around the Cape of Good Hope for security reasons, a spokesperson for the company said Tuesday.

"We deem the situation still dangerous," the spokesperson for the world's fifth-biggest container liner said. "We have daily re-assessments and will have next decisions taken Monday Jan. 15."

Like rivals, Hapag-Lloyd is avoiding the Red Sea area after Yemen's Houthi militant group began targeting commercial vessels, disrupting global trade, to show their support for Hamas.

© 2025 Thomson/Reuters. All rights reserved.


GlobalTalk
Germany's Hapag-Lloyd will continue to divert its vessels away from the Suez Canal and around the Cape of Good Hope for security reasons, a spokesperson for the company said Tuesday.
suez canal, red sea, shipping, supply chain, iran, china, middle east, houthi, hamas, war
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2024-57-09
Tuesday, 09 January 2024 06:57 AM
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