Container

Habben Jansen: The facts indicate limited overcapacity in container shipping

Analysts and media’s gloomy predictions of severe overcapacity in shipping should be taken with a large grain of salt, says Hapag-Lloyd’s chief executive.
”All ships are full today, even though you can read that everyone is saying that the rates are a disaster,” says Hapag-Lloyd CEO Rolf Habben Jansen, who does not believe overcapacity is a serious problem in shipping. | Photo: Pr / Hapag-lloyd
”All ships are full today, even though you can read that everyone is saying that the rates are a disaster,” says Hapag-Lloyd CEO Rolf Habben Jansen, who does not believe overcapacity is a serious problem in shipping. | Photo: Pr / Hapag-lloyd
by JENS THOMSEN

Analysts and media warn that container shipping is heading for massive overcapacity in the coming years thanks to a large order book and lower freight volumes, but the facts contradict expectations, says Hapag-Lloyd chief executive Rolf Habben Jansen.

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