German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said on Monday, after announcing it was introducing land corridors through Saudi Arabia to mitigate the impact on its business. 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. "Our aim is 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.
Hapag-Lloyd to Offer Land Bridge Option Through Saudi Arabia
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Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption | Hellenic Shipping News Worldwide
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Deutz has agreed to sell electric drive specialist Torqeedo to Japan s Yamaha Motor, the German engine producer said on Friday. .