Expect Better 2H Than 1H of the Year, Says Hapag-Lloyd CEO

The video discusses the business results, highlighting stable volume growth but increased costs affecting earnings. It provides an outlook for the future, noting cost stabilization and potential recovery in freight rates. The impact of trade tensions, particularly tariffs between China, the US, and Europe, is examined, with limited effects on container shipping so far. Concerns about industry overcapacity and the balance between supply and demand are also addressed, with cautious optimism for future growth.

What was a significant challenge for the company in the first half of the year?

• High demand for shipping containers

• Increased costs in various categories

• Rapid recovery of freight rates

• Decreased volume growth

What is the company's outlook for the second half of the year?

• Foreseeing increased trade tensions affecting growth

• Predicting a significant drop in freight rates

• Expecting a worse performance than the first half

• Anticipating stabilization in costs and better performance

How have trade tensions affected the shipping industry so far?

• They have caused a major decline in shipping volumes

• There has been no noticeable effect yet

• They have led to a significant increase in costs

• They have improved negotiations between countries

What has been the impact of steel and aluminum tariffs on container shipping?

• They have had a limited impact on container shipping

• They have led to a decrease in shipping costs

• They have significantly increased container traffic

• They have caused a major disruption in the industry

What is the current state of supply and demand in the shipping industry?

• Supply greatly exceeds demand

• Demand greatly exceeds supply

• There is no clear trend in supply and demand

• Supply and demand are getting closer together