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Hapag-Lloyd orders 150,000 teu of standard and reefer containers worth US$550m

Hapag-Lloyd orders 150,000 teu of standard and reefer containers worth US$550m
Hapag-Lloyd has ordered 300,000 teu since the pandemic began

Hapag-Lloyd has ordered 150,000 teu of standard and reefer containers as boxes are turning slower, thus the shipping line needs more than the normal number of boxes to carry the same volume.

The containers were ordered from China, with some of the boxes already having been delivered and integrated into Hapag-Lloyd’s existing fleet in the first quarter of 2021.

In a statement posted to his LinkedIn profile, Rolf Habben Jansen, CEO of Hapag-Lloyd, stated: “During the last months we have experienced a much stronger than anticipated rebound in demand, COVID-19 related labour shortages and congestion in ports.

“Those challenges have made it very hard to have sufficient empty boxes when and where they are needed – even if we added a record number of 300,000 teu of new boxes into our fleet since the start of the pandemic.”

It is one of the biggest container orders in the history of Hapag-Lloyd, representing an investment of roughly US$550m.

The majority of boxes are expected to be delivered in the coming months and, additionally, Hapag-Lloyd has ordered 8,000 teu of special containers to be used for oversized or dangerous goods.

Habben Jansen noted that this order should help to ease the pressure on the global logistics infrastructure and help the shipping line’s customers and end-users to get their goods to the desired location on time.