Capacity problems loom as transhipment boxes clog major West Med hubs
Fears of widespread congestion across west Mediterranean container ports may have abated for the present, ...
Two key lines in Hapag-Lloyd’s Prepare for Tomorrow strategy document, presented to investors at its 2021 Capital Markets Day around a year ago and oft referred to during last week’s earnings call, stood out: “Transhipment operations are complex and costly”.
And thus it would “consolidate transhipment volumes at strategically selected hubs”. And secondly, on its M&A strategy, the goal is to “strengthen the core and improve quality through equity investments and acquisitions”, where the core is liner shipping, and terminal and ...
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