As seasonal tailwinds through the summer months and industry-wide ‘General Rate Increases’ fade as well, expect a soft Q3 and Q4, underpinning the extended destocking cycle ) and Hapag-Lloyd management.

Source: https://seekingalpha.com/article/4630608-hapag-lloyd-sill-cautious-as-we-navigate-the-downcycle?source=feed_all_articles

“At the same time, disruptions in global supply chains and inflation have led to a significant increase in costs,” Hapag-Lloyd said.

Source: https://gcaptain.com/hapag-lloyd-reports-extraordinarily-strong-result-in-2022-but-warns-on-rates-coming-down/

Hapag-Lloyd is currently the world’s fifth largest ocean carrier with 6.8% market share.

Source: https://gcaptain.com/hapag-lloyd-reports-extraordinarily-strong-result-in-2022-but-warns-on-rates-coming-down/

Meanwhile, Hapag-Lloyd, a German firm whose Al Jasrah vessel was attacked last Friday, said that while it welcomed the new task force, the company needed 100% assurance the Red Sea was safe for ships to return.

Source: https://www.bbc.co.uk/news/business-67758126?at_medium=RSS&at_campaign=KARANGA

‘This re-affirms Portsmouth as a world class destination, and our growing popularity within the German cruise market, with calls from Hapag-Lloyd, Phoenix Reisen and Aida all expected before the end of the year.’

Source: https://www.portsmouth.co.uk/business/mein-schiff-3-portsmouth-port-delighted-to-welcome-back-cruise-liner-as-city-becomes-tourism-destination-4214895