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‘Party is over’: Hapag Lloyd CEO says Freight Rates to Keep Declining

‘Party is over’: Hapag Lloyd CEO says Freight Rates to Keep Declining

Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief executive of Germany's liner Hapag Lloyd, the world's number five by transport capacity."The party is over. We are back to a normal shipping business…

Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief executive of Germany’s liner Hapag Lloyd, the world’s number five by transport capacity.”The party is over. We are back to a normal shipping business…Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief executive of Germany’s liner Hapag Lloyd, the world’s number five by transport capacity.”The party is over. We are back to a normal shipping business…MarineLink NewsRead More

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