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S&P upgrades Hapag-Lloyd's credit rating

German container line Hapag-Lloyd is now awarded with a higher rating from credit rating agency S&P. Both Maersk and CMA CGM have also recently been awarded better ratings by major credit rating institutes.

Photo: Hapag-Lloyd Logimatic

Container line Hapag-Lloyd's credit rating is raised by credit rating agency S&P, which now puts the company at BB against its previous BB-rating.

At the same time, S&P gives the outlook "stable", the agency informs in a statement Tuesday.

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