Published by Global Banking & Finance Review®
Posted on April 13, 2026
1 min readLast updated: April 13, 2026
Add as preferred source on GoogleHapag‑Lloyd says it’s difficult to gauge the impact of U.S. plans to block the Strait of Hormuz on shipping, citing mine threats and insurance challenges. Shipping remains constrained amid heightened regional security risks.
BERLIN, April 13 (Reuters) - Germany's Hapag-Lloyd said on Monday that it is difficult to assess what effect U.S. President Donald Trump's plans to block the Strait of Hormuz would have on shipping.
"What's important is that passage through the Strait of Hormuz be restored as soon as possible," said a company spokesperson in an emailed statement.
From Hapag-Lloyd's view, as long as there are mines, passage is not possible, and in addition, insurance for passage is also difficult to obtain at this time, added the spokesperson.
(Reporting by Christoph Steitz, Writing by Miranda Murray, Editing by Linda Pasquini)
Hapag-Lloyd says it is difficult to assess the impact the US plans would have on shipping through the Strait of Hormuz.
Passage is restricted due to the presence of mines, making safe transit and obtaining insurance difficult.
The key concern is restoring passage through the Strait of Hormuz as soon as possible for shipping operations.
Obtaining insurance for passage through the Strait of Hormuz is currently difficult because of the risks involved.
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