[60427] Shipping company Hapag-Lloyd reports massive losses due to the crisis in the Strait of Hormuz

Heavy damage to maritime traffic following the tensions in the Strait of Hormuz

The giant German shipping company 'Hapag-Lloyd' has released worrying data regarding the impact of the ongoing security tensions in the Strait of Hormuz on its operations. According to a report by the Telegram channel 'آخرین خبر', which is identified with the positions of the Iranian establishment, the company is absorbing weekly losses ranging between $50 and $60 million.

The company's CEO noted that the restrictions on maritime movement in the region have created "serious disruptions in the global supply and transport chain." As a result, the company is forced to pass some of these costs on to final customers. Factors also reported by SNN.ir|Student News Agency, which is close to conservative student circles in Iran, emphasize that the costs stem mainly from "an increase in fuel prices, changes to shipping routes, an increase in insurance costs, and longer transport times."

It is important to note that these sources present the crisis in the Strait of Hormuz as a significant economic pressure factor on the global shipping industry, focusing on the financial damage caused to European companies as a result of the security situation in the region.