Suez crisis not seen ending, return would be gradual, Hapag-Loyd CEO says
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.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Recommended Articles
Featured Tools
Top News
Precious Metals May Outlook: After U.S.-Iran Conflict Concerns Eased, Will Funds Flow Back to Gold and Silver?

Intel vs. TSM: Which Semiconductor Stock Looks Like the Better Investment?

Is SanDisk the Hidden Gem of the AI Boom in 2026? Discover the Potential Risks and Rewards.

What Is Intel, and Is Its Stock Still a Worthwhile Investment?

Amazon vs. Microsoft: Which Stock Is a Better Buy for 2026 and Beyond?

Tradingkey








