ShippingWatch

Habben Jansen: All signs suggest a recovery later this year

The disappointing development several container carriers are facing is most of all a delay of the recovery that is bound to emerge, Hapag-Lloyd CEO Rolf Habben Jansen argues to ShippingWatch.

Photo: PR-foto/Hapag-Lloyd

If the development in the container market continues as it has so far, 2018 will be far from the positive year that several major liner companies predicted just a few months ago.

But the development will not continue, if one is to believe Hapag-Lloyd CEO Rolf Habben Jansen, who has also had to downgrade the carrier's expectations for the whole year. Besides that, he only sees good reasons that a recovery is right around the corner. It has just been a little delayed, and there are a few reasons why that is, but the fundamental market conditions for the industry remain strong.

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