Solid results in '24 and a good start to '25, says bullish Hapag-Lloyd CEO
German container shipping line Hapag-Lloyd appears to have slightly lost market share last year, today ...
With a wave of import containers expected from Shanghai’s reopening and peak season just around the corner, North Europe’s box port hubs, worryingly, remain severely congested.
Huge stacks of empty containers and hundreds of frustrated export boxes have built up at the major North European hubs as carriers blanked a third of their advertised sailings during the recent two-month Shanghai lockdowns.
Moreover, the ports have used much of their off-dock overflow capacity for the long-term storage of thousands of customs-blocked Russia-destined containers.
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