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Hapag-Lloyd CEO expects shipping strength to continue

November 15, 2024
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Hapag-Lloyd CEO expects shipping strength to continue

Hamburg - Hapag-Lloyd’s CEO recently said that he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and seen as a proxy for trade and a health barometer for the world economy.

The volume of twenty-foot equivalent (TEU) containers moved by its 292 ships rose to 9.3 million metric tons in the nine months from January to September, up 5% from 8.9 million in the same period a year ago, the German company said.

“I don’t see much of a . . .

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