Suez crisis not seen ending, return would be gradual, Hapag-Loyd CEO says
ReutersMar 20, 2025 11:15 AM
FRANKFURT, March 20 (Reuters) - Commercial shipping will not see a quick resolution of the Suez Canal crisis, with vessel owners forced to opt for a costly alternative route around Africa to avoid attacks by Houthi militants, the head of Hapag-Lloyd HLAG.DE said on Thursday.
"Two or three weeks ago, I would have been more optimistic on when it will open; now, I am more concerned," CEO Rolf Habben Jansen said after presenting earnings for 2024.
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