Hapag-Lloyd to Continue Avoiding Red Sea Despite U.S.-Led Naval Deployment
December 27 2023 - 8:21AM
Dow Jones News
By Andrea Figueras
German shipping company Hapag-Lloyd said it will continue to
avoid the Red Sea because it considers the area is still too
dangerous despite the U.S. and allies deploying naval ships to
deter further strikes by Houthi militants.
"We continuously assess the situation and plan a next review on
Friday," a spokesperson of the German shipping giant said
Wednesday. It will continue to reroute its ships via the Cape of
Good Hope in South Africa.
Earlier this month, shipping companies, oil producers and cargo
owners suspended transit through the Red Sea after some vessels
were attacked by Houthi militants, an Iranian-backed rebel group in
Yemen, in response to Israel's military operations in Gaza.
On Tuesday, peer Mediterranean Shipping Co. said it would
continue to reroute vessels booked for Suez transit via the Cape of
Good Hope, and confirmed that one of its container ships was
attacked while in the Red Sea.
After the attacks prompted the U.S. and allies to deploy naval
ships to deter further strikes, Danish shipping giant A.P.
Moller-Maersk said Sunday that it planned to restart shipments
through the Red Sea.
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
December 27, 2023 08:06 ET (13:06 GMT)
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