HHLA’s hinterland strategy continues to be successful

In the first half of 2014, Hamburger Hafen und Logistik AG (HHLA) increased its revenue by 5.2 percent to EUR 595.7 million

The company’s hinterland systems for container transport by road and rail increased their volumes within the first six months of the financial year 2014 by 9.0 percent to 633 thousand TEU. The strong growth can mainly be attributed to the success of the newly established rail transport links in Germany, Austria and Switzerland since the end of 2012. However, existing connections with the Czech Republic and Slovakia and traffic with the Polish seaports also recorded an increase.

With growth of 2.1 percent in throughput at its Hamburg container terminals, HHLA has consolidated its market position among Northern Europe’s major ports. However, the drop in container throughput at the HHLA terminal in Odessa (Ukraine) as a result of the crisis there led to an overall increase in throughput for the Container segment of just 0.7 percent to 3.8 million standard containers (TEU) in the first half of 2014. Feeder traffic via the Baltic to Russia also declined for the first time since 2009. By contrast, the growth in throughput in Hamburg was due to the sharp rise of 8.0 percent in Far East traffic on existing liner services compared with the first half of 2013.

HHLA management estimates that several fundamental uncertainties continue to apply for the rest of the year. This is in particular attributable to the conflict in Ukraine and the development of economic relationships with Russia, but also in terms of progress in consolidating the container shipping segment. According to Klaus-Dieter Peters’ (Chairman of HHLA’s Executive Board) assessment, the restructuring of liner services entails both risks and opportunities.

Serving the segments container, intermodal and logistics, the HHLA Group is one of Europe’s leading port logistics groups.

hhla.de/de/

Quelle: LogEastics
Portal: www.logistik-express.com