Transparency, what a great thing that is.

Look at you, darling

First off, I deeply apologise if you are bored to death with the latest Hapag-Lloyd coverage – we have talked about the German carrier extensively (more here and here) already in the past couple of weeks.

Fair enough.

Yet, notably, the stock dropped below €70 on Tuesday, down almost 63% since peak on 15 May– we hadn’t been there since early April.

Down €20.65bn in value to €12.1bn in less than a month, its market ...

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