Hapag-Lloyd Reroutes Ships via Cape of Good Hope to Avoid Red Sea
19 December 2023 - 12:47AM
Dow Jones News
By Mauro Orru
Hapag-Lloyd decided to reroute several ships via the Cape of
Good Hope, just days after pausing all container ship traffic
through the Red Sea following an attack on one of its vessels.
A spokesman for the German shipping company told Dow Jones
Newswires on Monday that the detour would be effective until
passage through the Suez Canal and the Red Sea will be safe again
for vessels and crews.
Hapag-Lloyd shares trade 6.7% higher at EUR134.20.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
December 18, 2023 08:32 ET (13:32 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Hapag-Lloyd (TG:HLAG)
Historical Stock Chart
From Apr 2024 to May 2024
Hapag-Lloyd (TG:HLAG)
Historical Stock Chart
From May 2023 to May 2024