Hapag-Lloyd benefits from trade war

The ongoing trade war is furrowing brows at most shipping companies, but so far Hapag-Lloyd is benefiting from the side effects, says CEO.

Photo: PR / Hapag-Lloyd

While A.P. Møller-Mærsk is feeling the effects of the ongoing trade war on its volumes in and out of China, it is only marginally impacting Hapag-Lloyd's business.

This is due to the German container line sitting heavily on routes where container freight has gained somewhat of a boost amid political tensions.

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