Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Hapag-Lloyd expects more shipping services to return to Suez Canal

Hamburg-based shipping company Hapag-Lloyd expects additional services to resume transits through the Suez Canal, joining two services already operating to and from Asia, according to a statement from the Suez Canal Authority (SCA). The anticipated return was discussed during a meeting between Ossama Rabiee, Chairman and Managing Director of the SCA, and Juan Pablo Richards, ...

Hapag-Lloyd, a Hamburg-based shipping company, anticipates the return of additional services through the Suez Canal, joining two services already operating to and from Asia. This news was shared during a meeting between Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority (SCA), and Juan Pablo Richards, Hapag-Lloyd’s Senior Managing Director for Region South Europe.

The meeting discussed cooperation to increase traffic through the canal, with Richards expressing hope for the continued improvement in canal traffic indicators. The SCA's Chairman affirmed the canal's readiness to accommodate returning shipping services, highlighting the waterway's importance to global supply chains. The discussions also touched on potential cooperation between the SCA's Maritime Training and Simulation Academy and Damietta Alliance Container Terminal, a terminal under Hapag-Lloyd's ownership.

Brief written by urgent.news from Hellenic Shipping News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at hellenicshippingnews.com →

More in Finance & Markets

ENGINE: Americas Bunker Fuel Availability Outlook

North America Bunker demand is strong at the US Gulf port of Houston, where all three conventional grades are tight for prompt supply.

  • Houston's three bunker fuel grades in short supply, lead times over 5 days
  • Galveston's Offshore Lightering Area tight on all three fuel grades, lead times 6-8 days
  • New York bunker demand increased, VLSFO and HSFO need >5 days for prompt supply

More from Thursday 22 October →