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German logistics company Hamburger Hafen Und Logistik on Wednesday reported a net loss and a decline in revenue for the first quarter, citing disruptions caused by attacks by Yemen’s Houthi rebels on shipping in the Red Sea. For the first quarter, the Hamburg-based company recorded a net loss of €1.1 million ($1.19 million), compared with a net profit of €2.8 million posted for the same period last year. HHLA chief executive Angela Titzrath, said: “The start of HHLA in 2024 was made even more difficult by the disruptions in the supply chains due to the situation in the Red Sea and the challeng…

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