Q3 2020 Hapag Lloyd AG Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the Hapag-Lloyd Analysts and Investors Conference Call 9 Months 2020. Hapag-Lloyd is represented by Rolf Habben Jansen, CEO; Mark Frese, CFO; and Heiko Hoffmann, Head of Investor Relations. (Operator Instructions)
I would now like to turn the conference over to Rolf Habben Jansen, CEO. Please go ahead.
Thank you very much. And thank you, everybody, for making the time to listen to us today. And we certainly hope you enjoyed the music that was playing until a minute or so ago.
Maybe a few remarks from my side to get the things started. On the current situation, I think it's pretty clear that the performance in our sector in Q3 has been better than anticipated. I would say that's mainly on the back of an unexpected strong rebound in demand. That also means that idle capacity is down to pretty much 0 these days. And from our side, I would also say that we're happy with
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