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2015-10-09 — bloomberg.com
Weakening trade with China and Russia prompted Hamburger Hafen und Logistik AG, which handles about three in four containers at the city port, to cut its 2015 earnings forecast on declining container volume. Germany's gateway to Asia serves as a major transfer hub for containers carried by deep-sea ships from the Pacific region and then reloaded onto smaller feeder vessels destined for Baltic Sea ports, including the Russian harbor of St. Petersburg.
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