Published by Global Banking & Finance Review®
Posted on March 25, 2026
1 min readLast updated: March 25, 2026
Add as preferred source on GoogleHapag‑Lloyd’s CEO Rolf Habben Jansen said on March 25 that the container shipping company is incurring an extra $40–50 million weekly in costs due to the Iran war, citing surging fuel, insurance, and storage charges. These are expected to be passed on to customers.
BERLIN, March 25 (Reuters) - Container shipping company Hapag-Lloyd faces additional costs of $40 million to $50 million a week due to the Iran crisis, its CEO was quoted as saying on Wednesday, citing higher fuel costs, insurance premiums, and storage charges for containers.
"We can't just brush that off easily," Rolf Habben Jansen told news broadcaster ntv, according to a statement.
The extra costs will likely be passed on to customers, the CEO was quoted as saying.
(Reporting by Thomas Seythal; editing by Matthias Williams)
Hapag-Lloyd is incurring higher weekly costs due to the Iran crisis, which has led to increased fuel charges, higher insurance premiums, and additional storage expenses.
Hapag-Lloyd is facing additional weekly costs estimated between $40 million and $50 million.
According to CEO Rolf Habben Jansen, the extra costs will likely be passed on to customers.
The increased costs are due to higher fuel expenses, increased insurance premiums, and additional storage charges for containers.
The statement was reported by news broadcaster ntv and sourced from a statement cited in Berlin.
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