Hapag-Lloyd's CEO is reluctant to criticize recent state aid to competitors

The world is going through an extraordinary crisis, and now is therefore not the time to criticize the latest round of state subsidies to shipping companies in Asia and France, Hapag-Lloyd CEO Rolf Habben Jansen tells ShippingWatch.

Photo: PR / Hapag-Lloyd

The CEO of Germany's container line Hapag-Lloyd warns against being to harsh when cirticizing countries that give state aid to their shipping companies to help them get through the corona crisis.

In the past month, both South Korea and Taiwan have supplied major state aid packages to their respective container shipping lines.

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