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Hapag-Lloyd expects lower earnings because of coronavirus

As the first major container line, Hapag-Lloyd downgrades its earnings forecast for 2020 as a direct consequence of the corona outbreak. "2020 will be a very unusual year," says CEO Rolf Habben Jansen.

Photo: PR / Hapag-Lloyd

Hapag-Lloyd becomes the first container major to announce that the coronavirus will lead to a drop in earnings.

The outbreak has over the past month evolved into a pandemic, spreading to Europe and the US, with several countries practically shut down.

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