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Hapag-Lloyd chief sees extra inventory as protection against supply chain shocks

The head of the German carrier suggests longer-term planning could help avoid the kind of supply pressures the containerised market is feeling at the moment in the face of strong demand

Chief executive Rolf Habben Jansen says very high containership spot rates could continue into the second quarter of 2020 and justifies the cut in capacity at the onset of the pandemic as a matter of ‘survival’ in the face of $6m to $7m daily revenue declines

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