German container shipping line Hapag-Lloyd HLAG.DEon Thursday said it sees no let-up in tight shipping capacity this year which has driven up its net profit in the first six months nearly 10-fold, thanks to income from runaway freight rates. The infrastructure bottlenecks came as port waiting times lengthened due to labour shortages and traffic snarl-ups, …
The post Hapag-Lloyd sees no let-up in tight shipping capacity first appeared on Hellenic Shipping News Worldwide.