S&P: Hapag-Lloyd view to stable

Standard & Poor's said it revised its outlook on Hapag-Lloyd AG to stable from negative.

At the same time, the agency affirmed all of its ratings on the company, including the B+ long-term corporate credit rating.

S&P said the outlook revision reflects that Hapag-Lloyd's financial results for the first half of 2013 indicate an improvement in the company's earnings, and that it expects this to continue in the second half of the year.

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