Looking ahead, Taiwanese ocean carrier Yang Ming said that “the overall momentum for economic recovery over the next two years still appears relatively weak.”
“Weaker demand and lower freight rates are having a very noticeable impact on our earnings,” said Hapag-Lloyd CEO Rolf Habben Jansen.
Yang Ming summed up its second quarter and the first half of 2022 in about 150 words.
South Korean ocean carrier HMM expects “downward pressure” on demand growth in the second half of 2022.
Critical cargo initiative launched to quickly process imports needed in the fight against the coronavirus.
