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Hapag-Lloyd orders further 75,000 teu to help ease container shortage

Hapag-Lloyd orders further 75,000 teu to help ease container shortage
Hapag-Lloyd now has a fleet of more than 2.8m teu

Hapag-Lloyd has ordered another 75,000 teu in an effort to further ease the scarcity of empty containers.

The containers will be manufactured in China and delivered to Hapag-Lloyd within the fourth quarter of 2021.

Rolf Habben Jansen, CEO of Hapag-Lloyd, said: “While the normal turnaround time for our containers lies at 50 days, we currently need up to 60 days and more due to massive congestion at ports, terminals and inland operations worldwide.

“This means that today about 20% more containers are bound in shipment while transporting the same amount of cargo before the crisis. With our recent container orders, Hapag-Lloyd is further contributing to ease the challenging situation for our customers worldwide.”

Adding up all investments into containers since the beginning of 2020, Hapag-Lloyd has ordered 625,000 teu.

The company now boasts a container fleet of more than 2.8m teu, among them 250,000 teu of reefer containers for refrigerated cargo.