Hapag-Lloyd CEO Says Shipping Still in the Thick of Supply Chain Disruptions

September 30, 2021

(Photo: Hapag-Lloyd)
(Photo: Hapag-Lloyd)

Global container liner problems related to post-corona logistics hiccups have intensified in the third quarter and show no sign of letting up, the world's number five operator, Hapag-Lloyd, said on Thursday.

Chief executive Rolf Habben Jansen told reporters in an online briefing that container usage in August was up 20% year-on-year.

He said port congestion and high spot freight rates, caused by a combination of unexpected demand recovery and tight shipping space, would continue at least during the rest of 2021 and into the first quarter of next year.


(Reporting by Vera Eckert, editing by Thomas Escritt)

Logistics News

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Hanseatic Global Terminals Launches Latin America Expansion

Hanseatic Global Terminals Launches Latin America Expansion

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

Subscribe for Maritime Logistics Professional E‑News

Chevron CEO: Exports of Venezuelan crude oil to resume in this month
Documents show that India's unfinished renewable energy projects have doubled to more than 50 GW.
Six people arrested after roof collapse at Serbia Railway Station