- A German shipping group has implemented land corridors across Saudi Arabia to counter the potential threat of Houthi rebel attacks targeting vessels using the Red Sea and Suez Canal.
- Hapag-Lloyd, the shipping company, has decided to reroute its ships around the Cape of Good Hope until further notice, citing concerns over drone and missile attacks. This measure is aimed at safeguarding its vessels from potential security risks.
- Hapag-Lloyd emphasizes its commitment to monitoring and reviewing the security situation constantly. The company states that once the situation becomes safe again, it plans to resume routing its vessels through the Red Sea and Suez Canal.
- Highlighting its broader logistics capabilities, Hapag-Lloyd mentions its regular provision of logistics services where goods are transported further inland from ports by road or rail. This diversified approach contributes to the company’s resilience in the face of disruptions.
Navigating Security Challenges
A German shipping consortium announces the creation of overland routes through Saudi Arabia as a strategic measure to circumvent the risk of Houthi rebel attacks on ships navigating the Red Sea and Suez Canal.
Hapag-Lloyd said it will continue to route its ships around the Cape of Good Hope until further notice due to the drone and missile attacks, it said on Monday, but it also announced it was introducing land routes through Saudi Arabia to mitigate the impact on its business.
“We continue to monitor and review the situation constantly. As soon as the situation changes, and it is safe again, we will route our vessels through the Red Sea and Suez Canal,” it said.
In an earlier statement to clients on its website, the company said it would offer land connections from Jebel Ali, Dammam, and Jubail to its ocean shuttle service out of Jeddah.
Ongoing Evaluation For Suez Canal Operations
“We aim to provide [customers] with a convenient contingency solution to overcome this unexpected closure until the situation in the Red Sea has been normalized,” it said.
The company considers at regular intervals whether normal shipping through the Suez Canal can be restored.
Hapag-Lloyd regularly offers logistics services whereby goods are brought further inland from ports by road or rail.
The shipping company says it has 55 ports and 53 inland terminals in the Middle East region.
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Source: asiafinancial
