Hapag-Lloyd owners could face financial beating

The four largest shareholders in Hapag-Lloyd will pay a high price for an IPO during a critical time in the container industry, say Hapag-Lloyd.

Friday November 6 will see German carrier Hapag-Lloyd's shares launch public trading on the stock exchange, but the much-debated IPO of the world's fifth largest container shipping company takes place in the shadow of the worst industry crisis in years. According to research firm Alphaliner, it will cost the company's four largest shareholders significant economic losses.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading