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Hapag-Lloyd says US tariffs could affect demand, cargo flow and costs

Published by Global Banking and Finance Review

Posted on April 3, 2025

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(Reuters) - German container shipping firm Hapag-Lloyd said on Thursday that U.S. tariffs and potential reciprocal tariffs from various countries could affect demand, cargo flows and costs.

The world's fifth biggest container liner said that while it was difficult to estimate the overall impact and duration of the measures, it was possible that the company would have to adjust its service network.

(Reporting by Elke Ahlswede; Writing by Friederike Heine; Editing by Ludwig Burger)