Shipping & Logistics

Leading container shipping line sees lower rates ahead amid overcapacity concerns

Hapag Lloyd's Rolf Habben Jansen says the changing supply and demand dynamics will soon be felt.

Hapag-Lloyd chief executive Ralf Habben Jansen sees shipping rates cooling in the second half of this year. — Hapag-Lloyd chief executive Ralf Habben Jansen sees shipping rates cooling in the second half of this year.Photo: Thies Raetzke/Hapag Lloyd

Published 15 June 2022, 07:01Updated 15 June 2022, 13:26