Hapag-Lloyd to continue to avoid Suez Canal, decide again next week

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 on 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.
Source: Reuters (Reporting by Elke Ahlswede, Writing by Nette Nöstlinger, Editing by Miranda Murray)