*Walter Bloomberg(@DeItaone ):HAPAG-LLOYD HIT WITH $60M WEEKLY COSTS FROM HORMUZ DISRUPTION Shipping giant Hapag-Lloyd says the Strait of Hormuz disruption is costing the company up to $60 million per week. CEO Rolf Habben Jansen said higher fuel costs and rerouting cargo by truck and rail are driving the increase, adding that freight rates will likely rise to offset expenses. The company also reported a quarterly loss of €219 million and said four of its vessels remain stranded in the Persian Gulf amid ongoing regional tensions.

2026.05.13 18:57

HAPAG-LLOYD HIT WITH $60M WEEKLY COSTS FROM HORMUZ DISRUPTION Shipping giant Hapag-Lloyd says the Strait of Hormuz disruption is costing the company up to $60 million per week. CEO Rolf Habben Jansen said higher fuel costs and rerouting cargo by truck and rail are driving the increase, adding that freight rates will likely rise to offset expenses. The company also reported a quarterly loss of €219 million and said four of its vessels remain stranded in the Persian Gulf amid ongoing regional tensions.

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