Hapag-Lloyd orders 75,000 containers

This announcement comes almost three months after the company's latest container order of 60,000TEU in May. Adding up all investments into containers since the beginning of 2020, Hapag-Lloyd has ordered 625,000TEU.

The Hamburg-headquartered box line said that it aims to ease the scarcity of empty containers through the new order.

"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," said CEO of Hapag-Lloyd, Rolf Habben Jansen, who went on to explain, "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."

Hapag-Lloyd now has a container fleet of more than 2.8 million TEU, among them 250,000 TEU reefer containers for refrigerated cargo.

Source: Container News