Hapag-Lloyd should be able to keep up payments on its $4bn in debt. But the recent merger with United Arab Shipping Co (UASC) means an overall higher debt load for the combined company.
That is the assessment from credit ratings firm Moody’s. The firm lowered its outlook on ratings for Hapag-Lloyd from “positive” to “stable.” A stable outlook means that there is a low likelihood of a rating change for Hapag-Lloyd’s debt over the medium term.
The
