Word: hapag
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Dates: during 1970-1979
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...surge, though, reflects cold-war logic. The Soviets want the hard currency that their shipping industry can earn-especially U.S. dollars and West German marks-and the prestige that can come from showing the red flag around the world. Adds Karl-Heinz Sager, deputy chairman of Hamburg's Hapag-Lloyd shippers: "The Russians are also learning a great deal about the flows of trade and kinds of goods. That kind of information is invaluable for them politically and strategically...