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Hapag-Lloyd CEO says shipping still in the thick of supply chain disruptions By Reuters

by Mike Robinson

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© Reuters. FILEPHOTO: On March 25, 2017, a Hapag Lloyd container vessel was loaded at Hamburg Harbour’s shipping terminal. REUTERS/Fabian Bimmer

FRANKFURT (Reuters) – 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.

In an online briefing, Rolf Habben Jansen, chief executive of Hapag-Lloyd stated that August’s container use was up 20% year over year.

In an online briefing, Rolf Habben Jansen stated that port congestion and high spot rates due to unexpected demnand recoveries and tight shipping spaces would persist at least through the second quarter of 2020 and beyond.

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