Logistic Other
Posted By OrePulse
Published: 26 Mar, 2026 09:51
Hapag-Lloyd faces $40-50mln costs weekly due to Iran war, CEO tells ntv
Container shipping company Hapag-Lloyd faces additional costs of $40 million to $50 million a week due to the Iran crisis, its CEO was quoted as saying on Wednesday, citing higher fuel costs, insurance premiums, and storage charges for containers.
"We can't just brush that off easily," Rolf Habben Jansen told news broadcaster ntv, according to a statement.
The extra costs will likely be passed on to customers, the CEO was quoted as saying.
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