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Thursday, November 26, 2020

Logistik Ag News

HHLA Estonia Names Riia Sillave New CEO

The container and multipurpose terminal HHLA TK Estonia, the subsidiary of Hamburger Hafen und Logistik AG (HHLA), said that Riia Sillave has taken over as the  new Chief Executive Officer (CEO) with effect from 15 March 2020.The 46-year-old Estonian, who studied business administration at Ludwig Maximilians University in Munich, has a wealth of experience in executive and management roles, including in the German automotive industry.Her most recent position was as CEO of Rail Baltic Estonia…

HHLA Meets Targets

German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) said that it has achieved targets for the year as the revenue and operating result (EBIT) increase with moderate increase in container throughput and significant rise in transport volume.The Group revenue increased by 6.8 percent to € 1.38 billion in the 2019 financial year (previous year: € 1.29 billion). The Group’s operating result (EBIT) of  € 222 million (previous year: € 204 million) grew by 8.8 percent.The listed Port Logistics subgroup said that In total…

Hapag-Lloyd, HHLA Form Ties

German international shipping and container transportation company Hapag-Lloyd AG and compatriot logistics and transportation company Hamburger Hafen und Logistik AG (HHLA), will be continuing their close cooperation in Hamburg for another five years.On the basis of this decision, both companies will now be able to make necessary investments and boost their overall competitiveness, said a joint press release.Both parties have also agreed to intensify their collaboration on sustainability-related issues.

HHLA Reports 8.3% Growth in Revenue

Hamburger Hafen und Logistik AG, HHLA, the company that operates three out of four of Hamburg’s container terminals, continued its positive performance in the first nine months of 2019.The total revenue was 1.04 billion euros, an increase of 8.3 percent, said the German logistics and transportation company.The operating result (EBIT) improved strongly by € 19.3 million, or 12.4 percent, to € 175.4 million. The positive effects of the initial application of IFRS 16 in the EBIT amounted to approximately € 10.6 million.

HHLA Group Revenue Up 9.6 %

German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) said that it has closed the first half of 2019 with rising revenue and results, despite a challenging market environment.Container throughput increased moderately, due in particular to the successful integration of the Estonian terminal operator HHLA TK Estonia, which was acquired last year. A significant rise in container transport was achieved, said a press release.In conjunction with a strong increase in revenue in the Logistics segment and a once again moderate increase in revenue from property management…

RoPax Ferry Finbo Cargo Enters Muuga Port

The Estonian terminal operator HHLA TK Estonia is strengthening its position as a RoRo hub in the Baltic region.The wholly owned subsidiary of Hamburger Hafen und Logistik AG (HHLA) said in a press release that the Finnish ferry company Eckerö Line recently began connecting the port of Muuga, where HHLA TK Estonia operates a multi-function terminal, with Vuosaari in Finland. Twice daily, the RoPax ferry Finbo Cargo enters the port of Muuga, which is about 20 kilometres east of the Estonian capital, Tallinn.

Chinese VP Visits Hamburg Terminal

China’s Vice President Wang Qishan visited the HHLA Container Terminal Tollerort (CTT) at the Port of Hamburg.Wang was greeted by the Chairwoman of the Executive Board of Hamburger Hafen und Logistik AG (HHLA), Angela Titzrath, Hamburg’s First Mayor, Dr Peter Tschentscher, and representatives of the Chinese container shipping company Cosco Shipping Lines. Wang headed a 40-strong party of high-ranking Chinese government officials, and the terminal operator said the visit emphasizes…

HHLA's Earnings Up in Q1 2019

German terminal operator Hamburger Hafen und Logistik AG (HHLA) revenue increases by 10.3 % in the first quarter of 2019, despite a challenging market environment, said the company.Container throughput increased slightly, partly due to the successful integration of the Estonian terminal operator HHLA TK Estonia last year. Extremely positive performance in container transport and property management led to a revenue of € 347.6 million (+ 10.3 %).The operating result (EBIT) was far above the level of last year, increasing by € 11.8 million or 24.5 % to € 59.7 million.

HHLA Revenue, Profit Rise

German port operator Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by 3 percent to EUR 1.29 billion in the 2018 financial year (previous year: EUR 1.25 billion). The Group’s operating result (EBIT) of EUR 204 million (previous year: EUR 173 million) represents an increase of 18 percent.In total, 7.3 million standard containers (TEU) were handled at HHLA’s container terminals in the 2018 financial year. Compared to 7.2 million TEU in the previous year, this…

HHLA Support Energy Transition

German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) and its partners began research and development work on the publicly funded FRESH  project at its Container Terminal Altenwerder (CTA).FRESH stands for flexibility management and control reserve provision of heavy goods vehicles in the harbour, said the firm which operates three container terminals at the Port of Hamburg: Altenwerder, Burchardkai and Tollerort, as well as cargo handling and transport services by rail…

Hamburg Port Completes Rail Terminal Expansion

Hamburger Hafen und Logistik AG (HHLA) has completed a project to expand the rail facilities at its Container Terminal Burchardkai in the Port of Hamburg.Two extra tracks and two new rail gantry cranes have been added to the rail terminal at the Container Terminal Burchardkai (CTB), which was one of the largest terminals in Europe even before this expansion. The rail terminal now has ten tracks. It previously had eight.The longest trains permitted (measuring in at 740 metres) can be processed on every track. The second of the new cranes went into operation on 18 January.

Port of Hamburg, Metrans Group Join for Intermodal

The Port of Hamburg and Metrans Group are intensifying their links with Lithuanian Railways. Axel Mattern, Joint CEO of Port of Hamburg Marketing, and Egidijus Lazauskas, Deputy Director-General and Director Freight Traffic for Lithuanian Railways, have signed a Memorandum of Understanding in Vilnius to strengthen cooperation on the routes to and from the Port of Hamburg.In addition, Hamburger Hafen und Logistik AG - HHLA’s intermodal subsidiary Metrans, and Lithuanian Railways signed a Letter of Intent to promote and improve cross-border freight flows.For years…

HHLA Transports Ship Propeller for Hyundai Supreme

Hamburger Hafen und Logistik AG (HHLA) loaded the biggest ship propeller in the world onto a vessel. The “HHLA IV” floating crane brought the gigantic 110-tonne object to the port of Waltershof, where it was hoisted onto the “Hyundai Supreme” container ship.It was the most powerful ship propeller to have ever been lifted by the hook of a HHLA floating crane. Although HHLA regularly loads the specialised products of Mecklenburger Metallguss GmbH (MMG) onto ships in Hamburg, the latest propeller…

Eco-friendly Power for Container Ships in Hamburg Port

Port of Hamburg is taking a further step toward improving air quality at its port. Innovative technology developed right here in the city is set to enable large and very large container ships to switch off their auxiliary diesel supplies during lay time and instead draw the power they need for on-board operations from a new kind of mobile generator.Becker Marine Systems, Hapag-Lloyd AG and Hamburger Hafen und Logistik AG (HHLA) have been testing the new technology as part of a joint pilot project since the start of the year.

Kalmar and HHLA in Straddle Carrier Pact

Kalmar, part of Cargotec, has concluded a deal with Hamburger Hafen und Logistik AG (HHLA), the leading European port and transport logistics group, to supply a total of 10 new straddle carriers.This brings the total number of Kalmar straddle carriers ordered by HHLA in the last two years to 30, further demonstrating the strong relationship with Kalmar and the company's commitment to Kalmar equipment. The order was booked in Cargotec's 2018 third quarter order intake, with delivery scheduled to take place in Q1 2019.

Kalmar next-generation straddle carrier (Photo: Kalmar)

HHLA Orders 10 Kalmar Straddle Carriers

Kalmar, part of Cargotec, has concluded a deal with Hamburger Hafen und Logistik AG (HHLA), a leading European port and transport logistics group, to supply a total of 10 new straddle carriers. This brings the total number of Kalmar straddle carriers ordered by HHLA in the last two years to 30, further demonstrating the strong relationship with Kalmar and the company's commitment to Kalmar equipment. The order was booked in Cargotec's 2018 third quarter order intake, with delivery scheduled to take place in Q1 2019.

HHLA Completes Acquisition of Estonian Transiidikeskuse

Germany’s Hamburger Hafen und Logistik AG (HHLA) has completed the acquisition of Estonia’s largest terminal operator, Transiidikeskuse AS (TK). The last conditions that the sales contract dated 26 March 2018 was subject to were recently fulfilled, resulting in all shares in Transiidikeskuse AS being transferred to HHLA International GmbH. As a result, the transaction has now been completed. Chairwoman of HHLA’s Executive Board, Angela Titzrath, made this comment during a visit to the Estonian capital of Tallinn: “We’re delighted that the takeover has now been completed.

Hapag-Lloyd's Newest Ship Named Guayaquil Express

Hapag-Lloyd held a naming ceremony in Hamburg for the Guayaquil Express, the fourth of five newbuildings in its 10,500 TEU class. The patron is Christine Kühne, wife of Klaus-Michael Kühne, majority shareholder and Honorary Chairman of Kühne + Nagel International AG. Among those attending the christening at the Container Terminal Altenwerder in the Port of Hamburg were Olaf Scholz, the Mayor of Hamburg, and Angela Titzrath, the CEO of Hamburg Hafen und Logistik AG. “This naming ceremony is a symbol of the close connection to our home port…

Meet for Trade Boost between Hamburg, Russian ports

After a marked downturn in container traffic between Hamburg and Russian ports on the Baltic last year, in the 2016 first half container handling at 216,000 TEU (20-ft standard containers) again achieved an increase of 2.3 percent. That seaborne foreign trade between Hamburg and the Russian ports is again picking up despite ongoing economic sanctions was warmly welcomed among the 240 guests at Hamburg’s traditional Port Evening in St. Petersburg. Organized by the Port of Hamburg Marketing Representative Office in St.

Kalmar's Straddle Carriers for HHLA CTB

Kalmar, part of Cargotec, has secured an order for nine diesel-electric straddle carriers from the leading European port and transport logistics group Hamburger Hafen und Logistik AG (HHLA). The order was booked in Cargotec's 2016 first quarter order intake, with delivery taking place during the fourth quarter of 2016. Established in 1968, HHLA Container Terminal Burchardkai (CTB) is the largest and oldest facility for container handling in the Port of Hamburg. The terminal has an annual capacity of more than 3 million TEU.

Shipping Industry Signs Up to Pilot XVELA Platform

US-based XVELA, creators of a cloud-based vessel stowage and collaboration platform for ocean carriers and terminal operators, has announced that a wave of new terminal operators and shipping lines have signed on for pilot programs to put the XVELA platform to the test. The first wave of terminal operators and shipping lines have signed on for pilot programs to put the XVELA platform to the test. Organizations that have committed to pilot XVELA to date include terminal operators Hamburger Hafen und Logistik AG (HHLA)…

Terminal Operator HHLA Prepares for Big Vessels

Port of Hamburg terminal operator Hamburger Hafen und Logisitik AG (HHLA) is making further preparations for the latest generation of mega-ships. It has ordered two new container gantry cranes for its Container Terminal Tollerort (CTT), which will be able to handle ships with a capacity of 20,000 standard containers (TEU). HHLA had only just recently ordered three new cranes for HHLA Container Terminal Burchardkai. The ultra-modern container gantry cranes for CTT will be supplied by the Liebherr Company and produced in Germany and Ireland. Dr.

Gerd Drossel, Nadine Palatz

New Managing Director at HCC

After six years Gerd Drossel will hand over his position as Managing Director of the Hamburg Cruise Center association. Nadine Palatz will be succeed Drossel as Managing Director of the Board of Directors. Drossel has managed the administrative office of the Hamburg Cruise Center e.V. since January 2009. Prior to this a member of the board of Hamburger Hafen und Logistik AG and having spent 40 years working for this company, he swapped freight shipping for passenger cruises. "Being in that business for six years now and despite the clumsy settling-in period…