Hapag-Lloyd CEO Sees Ocean Shipping Demand Staying ‘Very Strong’

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    Greensea Systems
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    By Brendan Murray (Bloomberg) —

    Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.

    “Last week and this week we’ve still seen very strong bookings,” Rolf Habben Jansen, chief executive officer of Hapag-Lloyd AG, said on a conference call Thursday. “So I don’t see any signs around the corner that demand is falling off a cliff.”

    Through the second quarter and maybe into the third, “we’ll continue to see elevated rates, as there is simply less capacity available,” he said.

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