Skip to content
The U.S.-led war in Iran is costing Hapag-Lloyd $40 million to $50 million per week, its chief executive said, as fuel, insurance and other costs skyrocket during the conflict. The world’s fifth-largest container line also has six ships trapped in the Persian Gulf as Iran chooses which vessels can safely transit the Strait of Hormuz. “Costs are increasing sharply. If we look at the impact that thi...
Iran war costing Hapag | Huntaegis