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No Hapag-Lloyd Deal with Houthis for Safe Red Sea Passage

OIL

Bloomberg carrying headline that major containership Hapag-Lloyd has not made a deal with Houthis for safe Red Sea passage.

  • Likely refers to reports from ShippingWatch article out Monday that container carriers are entering into agreements with Houthis to avoid attacks.
  • “A number of sources in the Middle East confirm to ShippingWatch that the first shipping lines have made agreements with the Houthis to prevent their ships from being attacked in the Red Sea.” it reported Monday.
  • It is not the largest carriers that have made the agreements it said.
  • Earlier Vortexa information highlights that the diversions around the Cape of Good Hope Hopeare largely impacting containerships while oil and oil product shipments have faced less diversions.
  • *HAPAG-LLOYD: NO DEAL WITH HOUTHIS FOR RED SEA SHIPPING - bbg
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