SIMIC

The containers will be made in China and delivered to Hapag-Lloyd within the fourth quarter of 2021. Adding up all investments into containers since the beginning of 2020, Hapag-Lloyd has ordered 625,000 TEU.

"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 Hapag-Lloyd CEO Rolf Habben Jansen.

"This means that today about 20 per cent 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." he said.

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