The escalating geopolitical tension involving Iran is taking a massive toll on global shipping, with Hapag-Lloyd CEO Rolf Habben Jansen revealing that the conflict is draining between $40 million and $50 million from the company’s bottom line every single week. During a recent earnings call, Habben Jansen detailed a landscape of sharply rising operational hurdles. […]
Iran Conflict Costs Hapag-Lloyd $40–50 Million Weekly, CEO Warns

