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Hapag-Lloyd CEO warns Middle East crisis costs not sustainable for long time
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Hapag-Lloyd CEO warns Middle East crisis costs not sustainable for long time
Mar 26, 2026 4:42 AM

BERLIN, March 26 (Reuters) - Hapag-Lloyd ( HLAGF ) CEO

Rolf Habben Jansen on Thursday said the crisis in the Middle

East is causing extra costs of $40 to $50 million per week for

the company, which are "not sustainable for a long time," as

disruptions in the Strait of Hormuz continue.

Hapag-Lloyd ( HLAGF ) faces a difficult start to the year due to the

situation, he told journalists, adding that the outlook for the

full year remained "still OK".

The company's six ships stuck in the Persian Gulf were

currently well supplied with food and fresh water.

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