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Hamburg Port sees fall in seaborne trade with Russia accelerating
Published Tue, Feb 10, 2015 · 09:50 PM
Hamburg
HAMBURG authorities expect the decline in seaborne trade with Russia to accelerate this year as a lagging impact of the weak rouble cripples trade with the port's second-biggest partner.
With Russian car sales tumbling by a quarter in January, a manager of Germany's biggest harbour said exports were particularly hit by slowing demand for European car parts.
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