Port of Hamburg and logistics
Challenging year - positive outlook
Hamburger Hafen und Logistik AG (HHLA) performed successfully in the 2022 financial year despite challenging conditions. Group revenue increased by 7.7 percent to EUR 1578.4 million, compared to EUR 1465.4 million in the previous year. While container throughput fell by 7.9 percent to 6,396,000 standard containers (TEU) after 69,433,000 TEU in the previous year, the transport volume remained almost constant at 1,694,000 TEU despite disruptions in the operational inflow to the German seaport terminals.
For 2023, the Port Logistics subgroup expects a moderate increase in both container throughput and container transport compared to the previous year. After the development of revenue and the operating result (EBIT) in the 2022 financial year was positively influenced by a significant increase in storage fees, revenue for the Port Logistics subgroup in the current financial year is expected to remain at the previous year's level. A slight year-on-year decline in revenue in the Container segment and a significant increase in the Intermodal segment are assumed. In addition, an operating result (EBIT) in the range of EUR 145 to 175 million is considered possible for the Port Logistics subgroup. Within this range, a sharp decline is expected in the Container segment and a moderate increase in the Intermodal segment's EBIT.
In order to further increase efficiency and capacity in the Container and Intermodal segments, investments at Group level in the range of EUR 250 to 300 million are expected for 2023. The Port Logistics subgroup will account for EUR 220 to 270 million of this amount. Investments in the Container segment will focus on the efficient use of existing terminal space in the Port of Hamburg and the expansion of foreign terminals, while the Intermodal segment will focus on expanding its own transport and handling capacities.
This article appeared in issue 4/23
You might also be interested in
Maersk and Hapag-Lloyd agree on joint operational cooperation
Hapag-Lloyd and Maersk have signed an agreement for a new, long-term operational cooperation called "Gemini Cooperation", which will start in February 2025. The aim is to create a flexible and interconnected service network in maritime...
read more...Test shipment with RoRo Car Carrier via Bremerhaven
Last August, the RoRo Car Carrier MV Cosco Shengshi moored in the northern port of Bremerhaven and started its first test shipment in order to expand the service to Europe.
read more...HGK Shipping and Salzgitter cooperate
The companies want to jointly promote and expand sustainable logistics concepts on the waterway in future. Two Salzgitter subsidiaries and HGK Shipping signed a memorandum of understanding to this end on August 10.
read more...Green Gate to Europe: Sustainable Warehouse
Rhenus Warehousing Solutions celebrated the opening of its new multi-user site in Wesel on August 11. The 86,000 square meter logistics property meets all the requirements for BREEAM Excellence certification.
read more...Karsten Dirks becomes operational managing director
As of today, the 53-year-old will take over the operational management of BLG AutoTerminal Bremerhaven. In future, he will be responsible for the site together with Commercial Managing Director Jan Bellendorf.
read more...VDR welcomes appointment of Dieter Janecek
The German Shipowners' Association (VDR) welcomes the appointment of Dieter Janecek (Alliance 90/The Greens) as the Federal Government's Maritime Coordinator.
read more...The turnaround in turnover is looming
At eight percent, the decline in seaborne cargo throughput in Germany's largest universal port in the third quarter was significantly lower than in the second quarter.
read more...Silverton Maritime Solutions strengthens its team
Hamburg, June 29, 2018 - Silverton Maritime Solutions (Silverton Maritime) is expanding its range of services to include compliance and mergers & acquisitions (M&A) and has joined the existing team with Susanne Mertens and Frank Bergert as...
read more...HHLA very worried about employees in the port of Odessa
The port city of Odessa is also affected by the Russian invasion of Ukraine. Hamburger und Logistik AG (HHLA) has been operating a terminal there since 2001.
read more...