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Latest News

  • Hapag-Lloyd CEO calls for new approach to shipping contracts
    Hapag-Lloyd CEO calls for new approach to shipping contracts
  • Hapag-Lloyd's Q3 profit surges, but capacity shortage caps growth
    Hapag-Lloyd's Q3 profit surges, but capacity shortage caps growth
  • Asia-Europe demand, congestion support rates ahead of ocean contract talks
    Asia-Europe demand, congestion support rates ahead of ocean contract talks
  • NYSHEX to expand futures contract pricing reach with new funding
    NYSHEX to expand futures contract pricing reach with new funding
  • Pre-Lunar New Year cargo surge could bring congestion, delays: Yang Ming
    Pre-Lunar New Year cargo surge could bring congestion, delays: Yang Ming
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More News & Analysis

Hapag-Lloyd CEO calls for new approach to shipping contracts

Traditional contracts based on fixed rates for an entire year no longer adequately reflected the volatility of the container market, says Rolf Habben Jansen.

Hapag-Lloyd's Q3 profit surges, but capacity shortage caps growth

Yet even with a robust third-quarter performance, CEO Rolf Habben Jansen said a lack of available fleet capacity — particularly on the booming trans-Pacific — meant the carrier was unable to take full advantage of container shipping’s bull market.

Asia-Europe demand, congestion support rates ahead of ocean contract talks

Elevated pricing in the fourth quarter comes as shippers on the westbound trade lane prepare for annual long-term rate negotiations with carriers.

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