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Published: 2017-11-23

HHLA: 5.5 mln TEU handled in I-IX 2017 (+10.8% yoy)

Market SMS HHLA: 5.5 mln TEU handled in I-IX 2017 (+10.8% yoy)

The company's three sea container terminals operating in the Port of Hamburg made a total of 5.2 mln TEU during this year's first three quarters, an uptick by 11.3% year-on-year.

The remaining 0.3 mln TEU was handled at HHLA's box facility in the Ukrainian Port of Odessa.

At the same time, the company's intermodal unit (rail and road) carried a total of 1.1 mln TEU, an increase by 6.8% on last year's volumes.

"HHLA is currently benefiting from the positive trend in both the global economy and world trade, but also from the targeted sales activities and in-depth discussions with our customers which took place in the spring of this year and by which we secured - and in some cases expanded - our market position. We believe that we will achieve the targets forecast for 2017," Angela Titzrath, Chairwoman of HHLA's Executive Board, commented.

 

She also said, "Although the results are very pleasing, we continue to operate in a challenging market environment. Uncertainty remains in the form of the volatile trend in international trade, which has prompted a structural slowdown in growth over recent years and in the conditions at the Port of Hamburg. We are still waiting for work to commence on the dredging of the river Elbe."

 

 

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