Container

Stable customers and "cost discipline" ensured profit at Hapag-Lloyd

Hapag-Lloyd chief exec Rolf Habben Jansen predicts that several competitors face losses in the third quarter. He describes the first half of the year as ”quite solid” despite the decline.
"When I look at our loadings during the last 10-12 weeks, we are actually a little bit up versus last year, so I am not that pessimistic to be honest," says Hapag-Lloyd CEO Rolf Habben Jansen about the outlook for the crowded container market. | Photo: Pr / Hapag-lloyd
"When I look at our loadings during the last 10-12 weeks, we are actually a little bit up versus last year, so I am not that pessimistic to be honest," says Hapag-Lloyd CEO Rolf Habben Jansen about the outlook for the crowded container market. | Photo: Pr / Hapag-lloyd
by JENS THOMSEN

The collapse of the container market gave shipping companies a cold shower in the first half of the year after two years of record-high rates, but Hapag-Lloyd has kept the business in the black thanks to stable customers and a keen eye on costs.

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