A video released by DW (English) shows German carrier Hapag-Lloyd's explanation for placing more ship orders in an era that is currently ridden with overcapacity and weak global demand.
Q&A with Hapag-Lloyd
Hapag-LLoyd has purchased more ships with a capacity of 13,000 TEU in line with the completion of the expanded Panama Canal as the carrier believes that the canal now has a great capacity to handle a surge in container volumes.