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You are here: Home → Archive → 2009 → July → Weekly Edition 30th of July 2009 → Hapag-Lloyd seeks charter rate cuts

Hapag-Lloyd seeks charter rate cuts

by Patrick Hagen, Cologne — last modified Jul 30, 2009 05:16 PM

HAPAG-Lloyd is pressing shipowners for a hefty cut in charter rates as part of a rescue package similar to the one negotiated in May by Chile’s CSAV.

The carrier, which is in desperate need of fresh capital, has sent a “me too” letter to tramp owners saying that it wants to discuss a reduction of charter rates, Hapag-Lloyd spokeswoman Eva Gjersvik confirmed.
According to owners, Hapag-Lloyd...

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