{"id":612672,"date":"2023-12-26T00:00:00","date_gmt":"2023-12-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea\/"},"modified":"2023-12-26T00:00:00","modified_gmt":"2023-12-26T00:00:00","slug":"hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea\/","title":{"rendered":"Hapag-Lloyd to decide whether to resume shipping via the Red Sea"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon folks, and happy last h<\/strong><strong>ump day<\/strong><strong> of 2023.<\/strong> As we wrap up the last few days of the year and truly settle into that end-of-year slowdown, getting a newsworthy story is starting to feel akin to pulling teeth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY TODAY? It\u2019s really more of what\u2019s going to be a big story tomorrow:<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>German shipping giant Hapag-Lloyd is going to decide tomorrow whether to <\/strong><strong>follow Maersk\u2019s lead and resume Red Sea transit<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/hapag-lloyd-decide-wednesday-about-its-red-sea-routes-2023-12-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a company spokesperson. Hapag-Lloyd is one of many companies that <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ad68fc23-5738-4674-9dc1-4a506e1c89b4\" style=\"\" rel=\"noopener\">decided in the past week<\/a> to reroute their vessels away from the Red Sea and Suez Canal as Yemen\u2019s armed Houthi group continued to attack vessels crossing the waterway.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> AP Moller-Maersk, the world\u2019s second-largest shipping line, said <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bece168c-0559-49e1-a0ae-f2e1ef731416\" style=\"\" rel=\"noopener\">earlier this week<\/a> it will resume operations in the Red Sea after the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ad68fc23-5738-4674-9dc1-4a506e1c89b4\" style=\"\" rel=\"noopener\">US-led naval coalition<\/a> promised to patrol the Red Sea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There has never been a better time to buy a Mac: <\/strong>Taking over the international press is Israel\u2019s agreement with Intel Corp for a USD 3.2 bn grantto build a chip plant worth USD 25 bn in Kiryat Gat. The agreement brings the largest ever company investment in Israel and is a monumental move for Intel (who mostly make chips for Windows processors, among others) which is trying to strengthen its global supply chain and reestablish dominance in the chip industry against competitors like Samsung and Nvidia Corp. The company is intending to build more bn-dollar factories in Europe and the US, specifically Magdeburg, Germany, and Ohio. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-12-26\/intel-to-invest-25-billion-in-israel-after-winning-incentives\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/intel-get-32-billion-government-grant-new-25-billion-israel-chip-plant-2023-12-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>COME WORK FOR OUR ADVISORY ARM- <\/strong>Enterprise Advisory (formerly known as Inktank Communications) is looking for smart, talented people to help us tell the stories of exciting companies. Enterprise Advisory is the region\u2019s leading investor relations advisory company and works on investor and strategic communications issues that take you deep inside the c-suite. Our clients are in Egypt, Saudi Arabia, the UAE, and beyond. Egyptian and foreign nationals alike are welcome to apply, but native-level verbal and written English fluency is a must.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WHO YOU ARE-<\/strong> We're looking for gifted storytellers with a minimum of four years of work experience in investor relations, finance, banking, economics, or a related field to develop cutting-edge products and maintain relationships with a portfolio of clients. Candidates should have a bachelor's degree or higher in finance, accounting, economics, business administration, or a related discipline. We're looking for someone whose passion for storytelling is matched with strong analytical and problem-solving skills, as well as the ability to interpret and present financial data \u2014 with a keen eye for details and accuracy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>INTERESTED IN APPLYING?<\/strong> To apply for the position, drop us a line at jobs@enterprisemea.com and mention \u201cEnterprise Advisory\u201d in your subject line. Please send a solid cover letter telling us a bit about who you are and why you\u2019re a good fit for our team. We want to see your CV, but the most important thing is a cover letter that makes us want to pick up the phone and give you a call.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n  <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH UP QUICK<\/strong><strong> on the top stories from today\u2019s EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>One step closer to the long-awaited green hydrogen incentives: <\/strong>The House Energy and Environment Committee <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b6146e4d-54ba-4e60-8a6c-3a934881b5ab\" style=\"\" rel=\"noopener\">approved a cabinet-drafted decision<\/a> putting forward a package of incentives for Egypt\u2019s green hydrogen industry. <\/li>\n<li><strong>AML regulations are getting an overhaul from the CBE:<\/strong>The Central Bank of Egypt (CBE) issued a <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/12\/1703.pdf\" style=\"\" rel=\"noopener\">circular (pdf)<\/a> on Sunday <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/43d8317c-afef-4fd2-ba84-2e76df912fee\" style=\"\" rel=\"noopener\">upgrading its anti-money laundering (AML) controls<\/a> and scrapping the 2008 regulations in a bid to tighten monitoring of cash flow.<\/li>\n<li><strong>It\u2019s a VC. It\u2019s an incubator. It\u2019s a vencubator:<\/strong><a target=\"_blank\" href=\"https:\/\/www.tvencubator.com\/#approach\" style=\"\" rel=\"noopener\">T-Vencubator<\/a> \u2014 a homegrown mix that combines incubation with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0e661d0d-073b-4352-bc1a-cc6a0ce56751\" style=\"\" rel=\"noopener\">venture capital to invest exclusively in local tech startups<\/a> \u2014 has kicked off operations.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u26c5 <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>Expectanother cloudy day with some sunny spells starting with a low of 13\u00b0C in the early morning and going up to 23\u00b0C at midday. The evening will bring in cooler climes at 14\u00b0C at night, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon folks, and happy last hump day of 2023. As we wrap up the last few days of the year and truly settle into that end-of-year slowdown, getting a newsworthy story is starting to feel akin to pulling teeth. THE BIG STORY TODAY? It\u2019s really more of what\u2019s going to be a big story [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":612673,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[633,145,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-logistics","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"d480f84e-d43d-46d3-99b4-af52b7947e13","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2021\/10\/425.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[612670],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.d76f2549-7835-4f2e-9769-b6ead9897686.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hapag-Lloyd to decide whether to resume shipping via the Red Sea - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hapag-Lloyd to decide whether to resume shipping via the Red Sea\" \/>\n<meta property=\"og:description\" content=\"Good afternoon folks, and happy last hump day of 2023. As we wrap up the last few days of the year and truly settle into that end-of-year slowdown, getting a newsworthy story is starting to feel akin to pulling teeth. THE BIG STORY TODAY? It\u2019s really more of what\u2019s going to be a big story [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-26T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/425.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Hapag-Lloyd to decide whether to resume shipping via the Red Sea\",\"datePublished\":\"2023-12-26T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea\/\"},\"wordCount\":715,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/10\/425.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"logistics\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/26\/hapag-lloyd-to-decide-whether-to-resume-shipping-via-the-red-sea\/\",\"name\":\"Hapag-Lloyd to decide whether to resume shipping via the Red Sea - 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We have another brisk news day here at home as we are inching closer to the weekend.THE BIG STORY TODAY Hapag-Lloyd\u2019s ships will avoid sailing through the Red Sea through 2024: German shipping giant Hapag-Lloyd will continue to steer its container ships away from the Red\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1313.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546306,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/11\/european-consortium-to-build-usd-500-mn-terminal-at-damietta-port\/","url_meta":{"origin":612672,"position":1},"title":"European consortium to build USD 500 mn terminal at Damietta Port","author":"enterpriseam admin","date":"11 May 2022","format":false,"excerpt":"A consortium of European terminal logistics firms will invest USD 500 mn to build a new container terminal at Damietta Port, cabinet said in a statement yesterday. 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