Global shipping company: We are incurring $60 million weekly due to the war on Iran, and 4 of our ships are stuck in the Gulf

The CEO of the shipping company “Hapag-Lloyd,” Rolf Habben Jansen, revealed that the American-Israeli war on Iran and the closure of the Strait of Hormuz are costing the company between $50 and $60 million weekly, while 4 of the company’s ships remain stuck in the Gulf.

Exclusive Follow-ups – Al-Khabar Al-Yemeni:

The shipping company’s head explained that most of the losses are due to rising fuel prices, increased insurance costs, and ship detention, noting that the company has reduced its ships’ speed, “slow navigation,” to reduce fuel consumption.

He pointed out that four ships belonging to the company are still stuck in the Gulf waters, as Iranian control over the navigational passage continues.

The company incurred a net loss of 219 million euros in the first quarter of this year, compared to a profit of 446 million euros in the same period last year, reflecting a sharp decline due to the ongoing war and its impact on the shipping sector and the global economy.