Hapag-Lloyd expects "volatile and challenging" year for container

The German container line posted its third-best annual result ever, but the chief exec emphasizes that geopolitical turmoil and overcapacity will weigh down in 2024.
Photo: Christian Charisius/AP/Ritzau Scanpix
Photo: Christian Charisius/AP/Ritzau Scanpix

The container market is characterized by geopolitical turmoil and significant overcapacity is the overall message from Hapag-Lloyd in connection with the company’s annual report for 2023.

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