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Hamburg's largest terminal operator warns of steep decline in 2020

Hamburger Hafen und Logistik AG finished 2019 with results on the rise, but the improvements will be replaced by a major decrease in earnings due to the coronavirus. The Port of Hamburg offers aid to the industry.

Photo: PR / HHLA / DIetmar Hasenpusch

The biggest terminal company in Hamburg, Hamburger Hafen und Logistik AG (HHLA), saw a rise in both revenue and its operating result last year.

But things will by no means continue like this in 2020, as the coronavirus is curbing developments, the company predicts in a statement.

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