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Hapag-Lloyd foresees easing of overheated market in 2022 at the earliest

German Hapag-Lloyd comes out of the second quarter with a billion-dollar profit. CEO Rolf Habben Jansen doesn't foresee an easing of the overheated container market any time soon.

Photo: PR / Hapag-Lloyd

The pressure in the overheated global supply chains won't ease until the first quarter next year at the earliest, assesses Hapag-Lloyd CEO Rolf Habben Jansen in the container carrier's second quarter report released Thursday.

The report comes after the lucrative market prompted the German container major to raise its expectations for 2021, and, like its competitors, Hapag-Lloyd presents a great jump in the results.

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