Hamburger Hafen & Logistik expects growth in volumes in 2021

Operating earnings in Hamburger Hafen und Logistik decreased by around EUR 100 million in 2020 compared to the year before, due to lower volumes during the coronavirus pandemic.

Photo: PR / Dietmar Hapenpusch / Port of Hamburg Marketing Association

German Hamburger Hafen und Logistik AG (HHLA), the biggest terminal company in Port of Hamburg, expects growth after a pandemic-stricken 2020.

Last year, the German port operator saw a 6 percent decline in profits to EUR 1.30 billion (USD 1.53 billion) compared to the previous year.

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