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News / Hapag-Lloyd has its work cut out to turn the business around after a poor 2014

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Another “highly dissatisfying result” from ocean carrier Hapag-Lloyd saw it post a net loss of €604m ($654m) for 2014, which its chief executive blamed on low freight rates and the integration costs of the merging of CSAV’s container business.

In a teleconference presentation of the German ...

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