Container trade economics – what to look for now
Making sense of a fools’ game
Photo: Dreamstime.com
By Mike Wackett
Hapag-Lloyd said today its cargo volumes “remained subdued”, but added that it expected “a pick-up in demand” in the second half of the year, as retailer destocking is gradually phased out.
However, the Hamburg-headquartered carrier seems to have outperformed most of its peers in what was a weak quarter for liner trades, describing some of its South American trade vessels as “choc-a-bloc full”.
Indeed, thanks to a robust performance on its largest Latin America market, and ...
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