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13 million TEU too many by 2023: Sea-Intelligence
Caveat: Hapag-Lloyd’s operational performance in relation to their equipment is taken as a proxy for the entire market.
Hapag to earn almost $16bn in 2022 on bullish outlook
Q1 revenue at $9bn & EBITDA at $5.3bn on 84% increase in average freight rate to $2,774/TEU and strong dollar.
