BR100 Increased By (0.37%)
BR30 Increased By (0.26%)
KSE100 Increased By (0.18%)
KSE30 Increased By (0.08%)
BECO 5.97 Decreased By ▼ -0.06 (-1%)
BML 57.50 Increased By ▲ 4.75 (9%)
BOP 34.19 Decreased By ▼ -0.06 (-0.18%)
CNERGY 8.21 Increased By ▲ 0.05 (0.61%)
DCL 12.10 Decreased By ▼ -0.24 (-1.94%)
FCCL 53.90 Increased By ▲ 0.01 (0.02%)
FCSC 5.24 Increased By ▲ 0.02 (0.38%)
FFL 18.00 Decreased By ▼ -0.03 (-0.17%)
FNEL 1.32 Increased By ▲ 0.02 (1.54%)
HUMNL 11.22 Increased By ▲ 0.22 (2%)
KEL 8.14 Increased By ▲ 0.03 (0.37%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 88.60 Increased By ▲ 0.55 (0.62%)
NBP 186.05 Decreased By ▼ -0.43 (-0.23%)
PACE 10.95 Increased By ▲ 0.23 (2.15%)
PAEL 40.50 Increased By ▲ 0.56 (1.4%)
PIAHCLA 26.32 Increased By ▲ 0.15 (0.57%)
PIBTL 17.34 Increased By ▲ 0.02 (0.12%)
PPL 232.66 Decreased By ▼ -0.12 (-0.05%)
PRL 34.90 Decreased By ▼ -0.05 (-0.14%)
PTC 66.79 Decreased By ▼ -0.77 (-1.14%)
SEARL 91.53 Increased By ▲ 0.60 (0.66%)
SSGC 27.20 Increased By ▲ 0.03 (0.11%)
TELE 8.65 Increased By ▲ 0.08 (0.93%)
THCCL 64.82 Increased By ▲ 4.69 (7.8%)
TPLP 9.10 Increased By ▲ 0.34 (3.88%)
TREET 24.68 Increased By ▲ 0.14 (0.57%)
TRG 72.59 Increased By ▲ 0.84 (1.17%)
WAVES 10.70 Increased By ▲ 0.72 (7.21%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
By

BERLIN: German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said on Monday, after announcing it was introducing land corridors through Saudi Arabia to mitigate the impact on its business.

“We continue to monitor and review the situation constantly. As soon as the situation changes, and it is safe again, we will route our vessels through Red Sea and Suez Canal,” it said.

In an earlier statement to clients on its website, the company said it would offer land connections from Jebel Ali, Dammam and Jubail to its ocean shuttle service out of Jeddah.

Yemen’s Houthis say they do not seek to expand Red Sea attacks

“Our aim is to provide (customers) with a convenient contingency solution to overcome this unexpected closure until the situation in the Red Sea has been normalized,” it said.

The company considers at regular intervals whether normal shipping through the Suez Canal can be restored.

Hapag-Lloyd regularly offers logistics services whereby goods are brought further inland from ports by road or rail.

The shipping company says it has 55 ports and 53 inland terminals in the Middle East region.

Comments

Comments are closed for this article.