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Hapag-Lloyd sees Asia-Europe routes back to normal in Q3

FRANKFURT, May 12 (Reuters) - Shipping flows on Asia-Europe routes will only return to normal during the third quarter of 2021 after the coronavirus crisis and a vessel blockage in the Suez Canal caused delays early this year, the head of Hapag-Lloyd said on Wednesday.

“I expect the Asia-Europe runs to regain some normalcy in the course of the third quarter,” CEO Rolf Habben Jansen said in an interview with Reuters as the company presented strong financial results in the first quarter.

Global consumer demand was holding up strongly, Habben Jansen added. (Reporting by Vera Eckert, editing by Emma Thomasson)

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