Hapag-Lloyd shareholders have awarded themselves a bumper dividend payment — despite calls for more of profits to be reinvested in greener ships.
The German container carrier will divide a dividend of €63 per share, which amounts to a whopping payout of €11.1bn ($11.8bn).
The decision came after Berlin-based environmental group NABU said that figure amounted 65% of net profits and demanded “rethink” of the liner operator’s sustainability strategy.