• 2018 February 8 17:42

    HHLA revenue rose more than 6% to EUR 1.25 billion

    Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by more than 6% to € 1.25 billion in the last financial year (previous year: € 1.18 bn) according to preliminary unaudited figures. The Group’s operating result (EBIT) of € 173 million increased by more than 5% (€ 164 million), the Group said in a press release.

    The listed Port Logistics subgroup generated revenue of € 1.22 billion (previous year: € 1.15 billion) and an operating result (EBIT) in the amount of € 156 million (previous year: € 148 million). This includes one-off expenses of approximately € 25 million for organisational restructuring and for harmonisation of the existing pension schemes.

    In total, 7.2 million standard containers (TEU) were handled at HHLA’s container terminals in the 2017 financial year. Compared to 6.7 million TEU in the previous year, this equates to an increase of 8.1 percent. At the three container terminals in Hamburg, container throughput increased by 8.3 percent to 6.9 million TEU. Throughput at the container terminal in Odessa increased slightly by 3.4 percent to 0.3 million TEU.

    HHLA’s Intermodal activities continued to develop very successfully. With growth of 5.2 percent, the transport volume climbed to 1.5 million TEU (previous year: 1.4 million TEU). This trend was driven by growth in both rail traffic (1.1 million TEU) and road transport (0.4 million TEU).

    HHLA will publish the 2017 Annual Report and a business forecast for the 2018 financial year at 7.30 a.m. on Wednesday, 28 March 2018.

    About HHLA
    Hamburger Hafen und Logistik AG (HHLA) is a leading European port and transport logistics company. Its container hubs are the points of intersection within a network that links ports with economic regions in their hinterland. Its business model is based on innovative technologies and is committed to sustainability.

    HHLA significantly increases its revenue and profit

    Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by more than 6% to € 1.25 billion in the last financial year
    (previous year: € 1.18 bn) according to preliminary unaudited
    figures. The Group’s operating result (EBIT) of € 173 million
    increased by more than 5% (€ 164 million), the Group said in a press release.

    The listed Port Logistics subgroup generated revenue of € 1.22 billion
    (previous year: € 1.15 billion) and an operating result (EBIT) in the
    amount of € 156 million (previous year: € 148 million). This
    includes one-off expenses of approximately € 25 million for
    organisational restructuring and for harmonisation of the existing
    pension schemes.

    In total, 7.2 million standard containers (TEU) were handled at HHLA’s
    container terminals in the 2017 financial year. Compared to 6.7 million
    TEU in the previous year, this equates to an increase of 8.1 percent. At
    the three container terminals in Hamburg, container throughput increased
    by 8.3 percent to 6.9 million TEU. Throughput at the container terminal
    in Odessa increased slightly by 3.4 percent to 0.3 million TEU.

    HHLA’s Intermodal activities continued to develop very successfully.
    With growth of 5.2 percent, the transport volume climbed to 1.5 million
    TEU (previous year: 1.4 million TEU). This trend was driven by growth in
    both rail traffic (1.1 million TEU) and road transport (0.4 million
    TEU).

    HHLA will publish the 2017 Annual Report and a business forecast for the
    2018 financial year at 7.30 a.m. on Wednesday, 28 March 2018.

    The following photos are available for download on the HHLA website
    under ‘Communications’, Photos & Films/Current Press Photos:
    https://hhla.de/en/photos-films/latest.html [1]

    About HHLA
    Hamburger Hafen und Logistik AG (HHLA) is a leading European port and
    transport logistics company. Its container hubs are the points of
    intersection within a network that links ports with economic regions in
    their hinterland. Its business model is based on innovative technologies
    and is committed to sustainability.



2019 January 20

16:08 Subsea 7 acquires multi-purpose offshore construction and dive support vessel
15:03 TEPCO and Ørsted sign MoU to work jointly on offshore wind projects
13:51 Major contract for JSS awarded to Montreal-based company
12:42 Huntington Ingalls Industries to acquire Fulcrum IT Services
10:47 Algoma provides update on status of fleet renewal

2019 January 19

16:19 Ocean Yield acquires Suezmax tanker Milos for $56.0 million
15:16 Evac expansion continues with acquisition of UK service company Transvac Systems
14:02 Deltamarin contracted to continue with Titanic II project
12:51 SGRE launches 10 MW offshore wind turbine
11:44 Algoma increases its interest in the ocean self-unloader Pool

2019 January 18

18:06 North Carolina Ports sets new record in 2018
17:47 Freight turnover of Neva-Metal (Saint-Petersburg) in 2018 climbed by 3% Y-o-Y to about 3.2 million tonnes
17:25 Okskaya Sudoverf obtains patent for state-of-the-art pontoons
17:06 Hamburg prepares for ‘Hard Brexit’
16:44 Throughput of port Primorsk in 2018 fell by 7% Y-o-Y to 53.48 million tonnes
16:23 GTT receives a new order from SHI to design the tanks of two LNG carriers on behalf of Gaslog
16:20 NOVATEK elects new Board of Directors
15:56 Throughput of port Vyborg in 2018 grew by 25% Y-o-Y to 1.93 million tonnes
15:33 Stena Line’s first new generation ferry ‘floats’ in China
15:21 Bunker sales at the port of Singapore in 2018 fell by 1.7% Y-o-Y to 49.8 million tonnes
15:03 Panama Direct service CMA CGM to resume weekly rotations
14:47 Throughput of port Vysotsk in 2018 climbed by 7% Y-o-Y to 18.79 million tonnes
14:33 GranIHC appointed contractor for Equinor’s Peregrino Phase II Project
14:19 Port of Ust-Luga handled 98.72 million tonnes in 2018, down 4% Y-o-Y
14:03 Algoma Central Corporation increases its interest in ocean self-unloader Pool
13:50 18 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 17-18
13:35 Throughput of the Port of St. Petersburg in 2018 up 11% Y-o-Y to 59.32 million tonnes
13:18 CMA CGM unites its Containerships and MacAndrews brands
13:11 Vladimir Putin supports Government’s proposal on expanding Far East Ministry’s functions with Arctic issues
12:49 Throughput of port Kavkaz in 2018 grew by 11% Y-o-Y to 49.276 million tonnes
12:26 MV Werften purchases Neptun Ship Design
12:08 Sakaide shipyard holds naming ceremony for new LNG carrier jointly owned by NYK and JERA
11:38 PGNiG SA signs agreement for oil and gas exploration and production in UAE
11:14 Remote pilotage to be allowed in Finland
10:47 Free zone status is a crucial advantage for the future development of the Freeport of Riga
10:06 Ice restrictions at the port of Ust-Luga come into effect on January 31
09:42 Brent Crude futures price up 0.9% to $61.73, Light Sweet Crude – up 1.09% to $52.64
09:20 Baltic Dry Index is up to 1,077 points

2019 January 17

18:13 PORT OF KIEL presents annual results 2018
17:51 Ice restrictions at the port of Primorsk come into effect on January 25
17:28 Global Ports sets up a common service call centre
17:09 EFIP welcomes and supports the European Parliament position on the Connecting Europe Facility for 2021-2027
17:05 North Sea Port monitoring the Brexit closely
16:44 ABP invests £700K to boost storage at Port of Ipswich
16:27 Global fuel market: still many uncertainties in both demand and supply
16:22 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:05 OCEAN Alliance extends duration of OCEAN Alliance to ten years
15:42 COSCO SHIPPING Ports signs agreement with PSA to add two new berths at the terminal in Boao, Hainan
15:31 Liebherr supports the 6th International Forum of Dredging Companies as its Sponsor
15:02 Ocean Yield ASA agrees to acquire a modern Suezmax tanker for a consideration of USD 56.0 mln
14:02 SEACOR Marine enters agreement to acquire three additional platform supply vessels from affiliates of COSCO Shipping Group
13:49 Throughput of Chinese ports grew by 4.2% to 9.22 billion tonnes in 2018
13:32 Jensen Maritime provides design for Shaver Transportation’s new tugboat
13:14 OOCL rolls out third phase of Ocean Alliance product refinements
12:50 Baltic Ports Organization’s schedule for 2019 is set
12:38 Port of Los Angeles breaks all-time cargo record in 2018
12:26 Qatar accedes to load lines convention
12:01 Sunseeker International and Rolls-Royce to present first production yacht with MTU hybrid power in 2020
11:51 Bunker prices continue going down at the Far East ports of Russia (graph)
11:38 Port of Zeebrugge handled 40.1 million tonnes in 2018