Container growth boosts revenue at European terminal operator

Revenue grew by 8 percent in the first nine months of the year for the terminal company that handles a large part of container transports in the Port of Hamburg. However, chairwoman warns of a volatile and unstable market.

Hamburger Hafen und Logistik AG grew its revenue 8 percent in the first three quarters of the year. | Photo: HHM / Michael Lindner

European terminal operator Hamburger Hafen und Logistik AG (HHLA) was able to grow its revenue by 8 percent in the first nine months of the year compared to the same period last year.

HHLA operates terminals in Germany, Ukraine and Estonia, and the company reports a revenue of EUR 1.04 billion, and according to the company, it is especially its presence in Estonia – where the terminal operator last year made an acquisition – that has enabled the growth in container volumes, according to a press release.

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