Maersk and Hapag-Lloyd return four more services to Suez route

  • Maersk and Hapag-Lloyd will shift four additional services from routes around Africa to the Suez Canal.
  • Disruption-related costs reached about $50 million to $60 million per week during Hapag-Lloyd's June customer-call period.
  • The carriers resumed services after avoiding the Red Sea since late 2023, while Hapag-Lloyd suspended Strait of Hormuz transits amid security risks.

A.P. Moller-Maersk and Hapag-Lloyd are shifting four additional containership services from routes around Africa to the Red Sea and Suez Canal, linking Asia, the Mediterranean and Europe. The services join two others resumed earlier this year, as the carriers reassess security near Yemen’s Houthi-controlled Bab al-Mandeb chokepoint after avoiding the corridor since late 2023. Hapag-Lloyd Chief Executive Rolf Habben Jansen said demand has remained resilient despite higher fuel, insurance, handling and inland-transport costs, while the company has suspended Strait of Hormuz transits. Hapag-Lloyd also reported disruption-related costs of about $50 million to $60 million per week during the period covered by its June customer call and is revising its proposed $4.2 billion acquisition of Zim to address Israeli security concerns.

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