Comment / On the wires: Hapag-Lloyd starts to sink – the container shipping casino returns to town

“Up or down from here, then, for the German tiger of container shipping? Good luck to the short sellers who plan to bet against it at current prices – and if you are long, good luck to you too: you have no margin of safety whatsoever.” – Loadstar Premium, 28 June 2019.

Casino: I will make this nice and sweet, not a single unnecessary word wasted. Ten days ago, I wrote: “Propelled by ’M&A upside’, is Hapag-Lloyd’s irrational rally unstoppable?”

The shares on ...