Hapag-Lloyd orders 150,000 new containers to meet demand

Hapag-Lloyd orders 150,000 new containers

Hapag-Lloyd has ordered 150,000 TEU of standard and reefer containers to meet rising demand for goods.

The carrier said it is following up on a previous order it made at the beginning of the COVID-19 pandemic, which saw it expand its fleet of containers.

The new containers have been ordered from China and some have already been delivered and integrated into Hapag-Lloyd’s existing fleet. The rest will arrive in the upcoming months, the carrier said.

Additionally, it has ordered 8,000 TEU of ‘special containers’ to be used for over-sized or dangerous goods.

Rolf Habben Jansen, CEO of Hapag-Lloyd, said, “The container shipping industry is currently seeing unprecedented demand, which has led to a shortage of containers all over the world.

“With its recent container orders, Hapag-Lloyd is contributing to efforts to ease the current situation and will be able to offer its customers a much better service.

The investments amount to roughly $550 million – making it one of the biggest container orders in the history of Hapag-Lloyd.

The Hamburg-based carrier has enjoyed a considerable bounce in its profitability since the outbreak of the COVID-19 pandemic at the end of 2019, and its earnings grew by 38.6% in 2020 thanks to rising freight rates and low bunkering prices.

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.

Supplier Directory

Be listed with industry leaders operating within Ports and Terminals

Webinar Series

Join 500+ attendees on average with a Port Technology International webinar

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.