Hamburg's largest terminal upgrades full-year guidance

HHLA, the largest terminal in the Port of Hamburg, expects an improved result in 2021, having been boosted by the container market in the first nine months. The fees for idle containers were an added bonus.

Photo: Michael Lindner/Port of Hamburg Marketing

The Port of Hamburg's largest terminal, HHLA, is raising its expectations for the full year as a result of the extraordinary container market.

This follows a surging operating result, which has grown by 51.3 percent so far this year to EUR 162.1 million (USD 185.9 million) in the first nine months of the year against EUR 107.1 million last year, HHLA writes in an earnings release.

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