Financial Times FT.com

Hapag-Lloyd summit on next phase of rescue

By Robert Wright in London

Published: August 11 2009 13:20 | Last updated: August 11 2009 14:53

Shareholders in Hapag-Lloyd have held discussions on how the German container shipping line could secure the remainder of a €1.75bn ($2.47bn) rescue package it it seeking to survive the sector’s worst-ever downturn.

The talks followed a meeting of the company’s supervisory board, which met to discuss a report by Roland Berger, the consultants, on the best route out of the company’s crisis.

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