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Bad quarter fades in financial reports for 1st half of 2013

The record-low rates that hit the container carriers this spring seem to have left little mark on the recently published financial reports for the first half of the year. Now analysts are waiting for Maersk Line.

The financial reports published so far by several container carriers, and especially concerning the eagerly awaited 2nd quarter, doesn't seem to draw the horrible scenario otherwise indicated by the record-low rates in the period.

In the last few days, Japanese shipowners and carriers as well as Singaporean Neptune Orient Lines (NOL), Orient Overseas Container Line (OOCL) in Hong Kong, Chilean CSAV and German Hapag-Lloyd have published financial reports for the first half of 2013.

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