Hapag-Lloyd CEO said the timing of a Strait of Hormuz reopening is unclear; even after reopening, returning to normal shipping operations will take time. The longer the crisis lasts, the longer recovery will take — currently he estimates at least three months.

2026-06-10

Hapag-Lloyd CEO said the timing of a Strait of Hormuz reopening is unclear; even after reopening, returning to normal shipping operations will take time. The longer the crisis lasts, the longer recovery will take — currently he estimates at least three months.