The company’s
outlook was discussed during a meeting between Juan Pablo Richards,
Hapag-Lloyd’s Regional Head for Southern Europe, and Ossama Rabiee, Chairman of
the Suez Canal Authority (SCA), in Ismailia, Egypt, on October 20. According to
the SCA, two Hapag-Lloyd services connecting Asia and Europe are already
operating through the canal.
Hapag-Lloyd is closely monitoring developments in the Red Sea and
maritime safety indicators before making further changes to its sailing
schedules. The company’s decisions will depend on conditions around the Bab
el-Mandeb Strait and the Suez Canal, where security concerns had prompted many
shipping lines to divert vessels around the Cape of Good Hope. The longer route around southern Africa
increases sailing distances and can add transit time, fuel consumption and
operating costs. A broader return to the Suez Canal could help carriers improve
transit efficiency and restore more direct connections between Asian,
Mediterranean and European ports.
However, Hapag-Lloyd has not announced a timetable for returning its
entire network to the canal. Further resumptions are expected to be gradual and
dependent on safety assessments.
During the meeting, the Suez Canal Authority reaffirmed its readiness to
accommodate additional shipping services. The authority said it has continued
developing navigation services and modernising its fleet to meet shipping
companies’ operational requirements.
The SCA is seeking to rebuild vessel traffic through the waterway after
disruptions in the Red Sea significantly affected transits and canal revenues.
The return of more container services would help support traffic recovery and
improve the canal’s role in global supply chains. A wider return to Suez routing could
benefit shippers through shorter transit times between Asia and Europe, more
efficient vessel deployment and potentially lower operating costs. It could
also influence vessel capacity and scheduling across major east-west container
trade lanes. For now, shipping lines
are taking a cautious approach, balancing the commercial advantages of the
shorter route against security risks. Hapag-Lloyd’s expectation of further
service resumptions indicates growing interest in restoring Suez connectivity,
but the pace of recovery will depend on sustained improvements in maritime
safety.
The latest development adds to signs of a
gradual return by major carriers to the Suez Canal, although a full recovery of
pre-disruption traffic remains uncertain.