Hapag-Lloyd sees extended period of coronavirus recovery — Panjiva


Hapag-Lloyd sees extended period of coronavirus recovery

China 2393 Coronavirus 256 Corp - Ports 753 Corp - Shipping 743 Mode - Containerized 1179 Mode - Seaborne 1501 U.S. 4229

The CEO of container-line Hapag-Lloyd, Rolf Habben Jansen, has stated with regards to the COVID-19 coronavirus outbreak that it is “difficult to estimate at this time whether that is going to be an impact for one or two quarters of the year or whether it will be something that will have structural effects”. Habben Jansen has also stated that “it is going to take some time before volume really picks up, but I would still expect to see an extended period of recovery”. The disruptions to traffic so far have been to shipments from China, to which Hapag-Lloyd is one of the least exposed of th...

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