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Habben Jansen now says container boom could continue into third quarter

Hapag-Lloyd CEO Rolf Habben Jansen now believes that the red-hot container market could stretch all the way into the third quarter. The problems resulting from this make the German container line and Maersk adjust their strategies in an effort to avoid equipment shortages going forward.

Photo: PR-FOTO

At first, Hapag-Lloyd CEO Rolf Habben Jansen expected that the unprecedented boom in the container sector could last until the Chinese New Year in mid-February.

But as rates continued to climb, and problems related to getting containers to their destination accumulated, he said in late 2020 that the historic rally could perhaps continue into the second quarter 2020.

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