Hapag-Lloyd Sees Slow Return to Gulf Shipping After U.S.-Iran Ceasefire, Warns of Rising Disruption Costs

Hapag-Lloyd struck a cautious tone on Wednesday over a possible resumption of shipping through the Strait of Hormuz following a U.S.-Iran ceasefire, warning that a full return to normal operations could take up to two months.

Chief Executive Rolf Habben Jansen said the situation in the Middle East remained “very fluid,” despite the tentative agreement, and continued to disrupt global shipping and supply chains.

“Even if a ceasefire has now been agreed, the conflict is still severely disrupting shipping, but also supply chains,” he said on a customer call, adding that the company would need further security assurances before restoring regular