Hapag-Lloyd sees tight container shipping market despite large orderbook

AI Summary

Hapag-Lloyd CEO Rolf Habben Jansen says the container shipping market remains fairly tight despite a large vessel orderbook. He points to recent strength in short-term freight rates as evidence of current capacity conditions, while saying the company sees no major supply-demand imbalance.

Hapag-Lloyd does not currently see a major imbalance between container shipping supply and demand despite the industry’s large vessel orderbook, according to CEO Rolf Habben Jansen. Habben Jansen described the present market as “fairly tight,” pointing to the recent strength in short-term freight rates as an indication of current capacity conditions. “Despite a large order […] The post Hapag-Lloyd sees tight container shipping market despite large orderbook appeared first on Container News.