Container freight rates on many major trade lanes are loss-making, but will eventually bounce back, according to Hapag-Lloyd chief executive officer Rolf Habben-Jansen.
Separately, Habben Jansen said he did not expect the planned dissolution of the 2M Alliance between AP Moller-Maersk and MSC Mediterranean Shipping Company to lead to a restructuring of the existing container alliance landscape.
“You can’t rule anything out, but right now I would not expect it,” he said.
