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Hapag-Lloyd has ordered an additional 75,000 TEUs of dry boxes to further reduce the empty container shortage.

The containers will be manufactured in China and delivered to Hapag-Lloyd in the fourth quarter of 2021.

Summarizing all container investments since the beginning of 2020, Hapag-Lloyd has ordered 625,000 TEU.

"While the typical handling time for our containers is 50 days, we currently need up to 60 days or more due to the huge congestion of ports, terminals and domestic operations around the world. This means that today 20% more containers are bound in shipment while transporting the same amount of cargo as before the crisis. With our recent container orders, Hapag-Lloyd is making an additional contribution to alleviating the difficult situation for our customers around the world," says Rolf Hubben Jansen, CEO of Hapag-Lloyd.

Currently, Hapag-Lloyd has a container fleet of over 2.8 million TEU, including 250,000 TEU of reefer containers for the transport of reefer cargo.