Hapag-Lloyd AG
Coverage of Hapag-Lloyd AG in the Nexus archive.
- Shipping giant warns Strait of Hormuz chaos is 'new normal' as Tehran shifts 4M barrels
Hapag-Lloyd warns of heightened risk and operational chaos in the Strait of Hormuz due to military strikes and conflicting routing directives. Iran is moving 4.12 million barrels of crude oil from Kharg Island, with U.S. airstrikes and Iranian retaliation escalating tensions.
- Strait of Hormuz transit not yet possible, major shipping company says
Hapag-Lloyd AG, a major container shipping firm, says transits through the Strait of Hormuz are not yet possible despite US escorting vessels. The company's risk assessment remains unchanged. This comes a day after the US began escorting vessels through the vital waterway.
- Distress call captures tanker under fire, Iran shuts Hormuz trapping thousands of sailors
Iran shut the Strait of Hormuz on April 18, stranding hundreds of tankers and leaving crews trapped amid reports of gunfire and trauma. A distress call captured by TankerTrackers revealed Iranian forces firing on a tanker, while Hapag-Lloyd reported crews stranded and risks from sea mines.