German container liner Hapag-Lloyd expects transport volumes in the fourth quarter to pare sharp losses earlier this year as a demand recovery in Asia is lifting seaborne shipments, reports Reuters.
Single digit gain
Chief executive Rolf Habben Jansen said at a virtual meeting that the fourth quarter volumes should show a low single-digit gain year-on-year after they fell by 3.5% in the January-September period.
He said full-year volumes should be lagging those in 2019 by between 1.5% and 2%.
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Source: Reuters
