ShippingWatch

Habben-Jansen: Cost cutting is becoming more difficult

Cutting costs has been the name of the game in the container shipping industry in recent years, Hapag-Lloyd CEO Rolf Habben-Jansen tells ShippingWatch. But the low-hanging fruits are being picked little by little.

Photo: PR-foto/Hapag-Lloyd

Recent years have been one long cost-cutting exercise for the container shipping industry, however, each and every operating dollar has to an increasing extent been examined and processed, and easy solutions are a bygone chapter, says Hapag-Lloyd Chief Executive Rolf Habben-Jansen in an interview with ShippingWatch.

"Everyone has done a lot on cutting costs in the last couple of years, and we have, of course, caught the synergies from the mergers, so it becomes more difficult now to achieve additional incremental cost benefits. That is very clear," says the CEO.

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