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Dheeraj Bhatia has been based in Dubai as Senior Managing Director, Region Middle East, Hapag-Lloyd since 2018

Average freight rate of $1,761/TEU (H12022: $2,855/TEU) was down 38%, volume declined 3.4% YoY to 5.8 million TEUs

Avg freight rate declined 28% to $1,999/TEU (Q12022: $2,774/TEU) due to weaker demand and normalisation of supply chains

Customers can choose among three different options, representing different levels of avoidance in CO2e emissions

Hapag-Lloyd has set itself the goal of making all its containers smart including 1.6 million dry containers

Maersk was the most reliable carrier in January with 58.3% followed by MSC with 57.7%

Nine ocean carriers commit to converting 50% of original bills of lading to digital within 5 years and 100% by 2030

Despite continuous fall in freight rates, stock prices of major liners are consolidating at historically low valuations

Average freight rate increased to $2,863/TEU; EBITDA up 60% at over $20bn

"Investment will strengthen presence in key strategic growth market India"

Hapag-Lloyd acquires 49% minority stake; terminal portfolio expanded

Significant focus is infra investment, which we are using to expand our terminal portfolio: CEO Rolf Habben Jansen