Moody’s upgrades Hapag-Lloyd’s rating

The rating agency Moody’s Investors Service has raised Hapag-Lloyd’s credit rating by one notch from ‘Ba2’ to ‘Ba1’.

This is the highest credit rating assigned to Hapag-Lloyd since the rating initiation by Moody’s in 2010. Additionally, the senior unsecured bond rating was raised from ‘Ba3’ to ‘Ba1’, with the ratings assigning a ‘stable’ outlook.

With the improved ratings, Moody’s acknowledged that Hapag-Lloyd has performed well in a challenging geopolitical environment. The German shipping...

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