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More ships, bigger volumes and higher freight rates: what more could a container line possibly hope for?

A rocketing share price, perhaps.

That’s how things look at Germany’s biggest container line, Hapag-Lloyd, which in early August reported confident half-year results – very possibly the best of the lot worldwide, ahead of CMA CGM’s interim update which is due soon.

And in the background, there appears to be a tussle for control going on, which may be driving that market-defying stock rally, with shares ...

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  • Tobias Sittig

    September 05, 2019 at 2:07 pm

    Not quite correct. Since there is a shareholder agreement in place, none of them has to make a takeover offer when reaching 30%.