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Shipping containers belonging to German transportation firm Hapag-Lloyd are seen stacked at a port in Singapore

Shipping containers belonging to German transportation firm Hapag-Lloyd are seen stacked at a port in Singapore August 25, 2008. REUTERS/Vivek Prakash

Hapag-Lloyd to Offer Land Bridge Option Through Saudi Arabia

Reuters
Total Views: 2316
January 22, 2024
Reuters

BERLIN, Jan 22 (Reuters) – German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said on Monday, after announcing it was introducing land corridors through Saudi Arabia to mitigate the impact on its business.

“We continue to monitor and review the situation constantly. As soon as the situation changes, and it is safe again, we will route our vessels through Red Sea and Suez Canal,” it said.

In an earlier statement to clients on its website,the company said it would offer land connections from Jebel Ali, Dammam and Jubail to its ocean shuttle service out of Jeddah.

“Our aim is to provide (customers) with a convenient contingency solution to overcome this unexpected closure until the situation in the Red Sea has been normalized,” it said.

The company considers at regular intervals whether normal shipping through the Suez Canal can be restored.

Hapag-Lloyd regularly offers logistics services whereby goods are brought further inland from ports by road or rail.

The shipping company says it has 55 ports and 53 inland terminals in the Middle East region.

(Reporting by Elke AhlswedeWriting by Madeline ChambersEditing by Linda Pasquini and Miranda Murray)

(c) Copyright Thomson Reuters 2024.

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