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Hapag-Lloyd shelves dreams of mega ships in favour of filling existing fleet
TOP German carrier Hapag-Lloyd has put aside dreams of 18,000 to 20,000-TEU mega ships and will instead expand capacity across its existing fleet, reports Copenhagen抯 Shipping Watch.
"We still believe that it is necessary to gain access to this kind of tonnage, but we no longer believe that the answer lies in placing new orders on the market," said CEO Rolf Habben Jansen.
"The benefits of the large ships in today's market with very low rates and very low bunker prices are really not that big. As such, we're in no great hurry," he said.
"We still believe that it is necessary to gain access to this kind of tonnage, but we no longer believe that the answer lies in placing new orders on the market," said CEO Rolf Habben Jansen.
"The benefits of the large ships in today's market with very low rates and very low bunker prices are really not that big. As such, we're in no great hurry," he said.
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