• 2023 February 17 16:35

  HHLA revenue increases by 7.7 percent to € 1,578 million in 2022

  

  Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by 7.7 percent to € 1,578 million in the 2022 financial year (previous year: € 1,465 million) according to preliminary unaudited figures. The Group operating result (EBIT) came to € 220 million, thus exceeding the expected range of € 175 million to € 210 million (previous year: € 228 million). Container throughput saw a decrease in volumes, which were down by 7.9 percent to 6,396 thousand TEU (previous year: 6,943 thousand TEU). The Hamburg container terminals reported a year-on-year decrease of 4.1 percent. Despite operational disruptions regarding arrivals to German seaport terminals, the total transport volume remained relatively constant at 1,694 thousand TEU (previous year: 1,690 thousand TEU).

  In the listed Port Logistics subgroup, revenue increased by 7.4 percent to € 1,542 million (previous year: € 1,436 million). The operating result (EBIT) decreased by 5.2 percent year-on-year to € 202 million (previous year: € 213 million), which still placed it well above the expected range of € 160 million to € 195 million. Significantly higher storage fees during the year as a result of the ongoing disruptions to global supply chains, which led to longer container dwell times at HHLA’s terminals in Hamburg as well as in Tallinn and Trieste, had a positive effect on the development of our revenue and earnings in the financial year. Lower handling volumes, partly due to the situation on the terminal in Odessa, had a negative impact on earnings. Added to this were general price hikes and additional material and personnel costs resulting from the higher storage load.

  The Real Estate subgroup recorded a 15.9 percent increase in revenue in the 2022 financial year, bringing it to € 44 million (previous year: € 38 million). The operating result (EBIT) rose year-on-year by 20.9 percent to € 18 million (previous year: € 15 million).

  In the 2022 financial year, HHLA will maintain its results-orientated dividend distribution policy, which aims to pay out between 50 and 70 percent of the profit for the year after minority interests.
  
  
  

---

2024 July 15

18:06	European Shipowners and Maritime Transport Unions launch initiative to support shipping and seafarers in the digital transition
17:35	APM Terminals Mumbai switches to 80% renewable electricity
17:05	Seaspan Shipyards welcomes the formation of the “ICE Pact”
16:41	World’s first entirely hydrogen-powered ferry welcomes passengers in San Francisco Bay
16:26	FMC issues request for additional information regarding Gemini Agreement
16:24	Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD
16:12	Pecém Complex selects Stolthaven Terminals and GES Consortium as H2V Hub green ammonia operator
15:43	Singapore's bunker sales rise 8.5% in the first half of 2024
15:27	TORM purchases eight and sells one second-hand MR vessel
14:55	Adani plans to build port in Vietnam
13:35	Regulator gives conditional nod to HD Korea Shipping's purchase of stake in STX Heavy
13:02	HD Korea Shipbuilding wins US$2.67 billion order to build 12 container carriers
12:51	Maersk introduces SH3 ocean service between China and Bangladesh
12:24	ABS to сlass two new Seatrium FPSOs for Petrobras
11:42	CSP Abu Dhabi Terminal surpasses throughput of 5 mln TEUs
11:11	Fincantieri launches the seventh PPA “Domenico Millelire” in Riva Trigoso
10:51	India's first transshipment port receives its first container ship
10:35	The “Egypt Green Hydrogen” project in SCZONE wins a contract worth € 397 million to export green fuel to Europe

2024 July 14

15:17	FMC issues request for additional information regarding Gemini agreement
13:06	Lummus and MOL Group begin engineering execution on advanced waste plastic recycling plant in Hungary
10:51	Chinese line launches new Arctic container service to Arkhangelsk
09:49	Malta PM tours Abela toured MSC World Europa officially inagurates Valletta shore power

2024 July 13

15:47	€11 million for 1-MW Dynamic Electrolyser Unit
14:11	PSA Group and Singapore mitigate impact of global supply chain disruptions
12:23	NREL: Offshore wind turbines offer path for clean hydrogen production
10:06	MMMCZCS releases a technical, environmental, and techno-economic analysis of the impacts of vessels preparation and conversion

2024 July 12

18:00	Qingdao Port International to buy oil terminal assets for $1.30 billion
17:36	Saipem signs framework agreement with bp for offshore activities in Azerbaijan
17:06	AG&P LNG and BK LNG Solution signs an agreement to bring BKLS's first LNG spot cargo into China
16:31	Allseas removes final Brent platform with historic lift
15:58	ZPMC Qidong Marine Engineering launches the world’s largest FPSO bow section for Petrobras
15:25	MSC acquires Gram Car Carriers
14:58	ABP boosts marine capability through pilot launch upgrades
14:34	Fincantieri receives ISO 31030 attestation from RINA
13:52	Second new dual-fuel fast Ro-Pax ferry to enter service for Balearia after successful sea trials
13:24	ADNOC deploys AIQ’s world-first RoboWell AI solution in offshore operations
12:59	ABS issues AIP for new gangway design from Pengrui and COSCO
11:38	Port of Long Beach data project receives $7.875 mln to speed goods delivery
11:15	ZeroNorth to provide its eBDN solution on 12 barges operated by Vitol Bunkers in Singapore
10:46	Seatrium secures customer contract agreement from Teekay Shipping for the repairs and upgrades of a fleet of vessels
10:14	Liquid Wind and Uniper enter into strategic partnership to accelerate the development of eFuels

2024 July 11

18:06	Yanmar and Amogy to explore ammonia-to-hydrogen integration for decarbonized marine power
17:36	COSCO Shipping receives first 7500 CEU LNG dual-fuel PCTC
17:06	Monjasa adds two tankers and targeting West Africa’s offshore industry
16:34	Biden administration announces funding for 15 small shipyards in 12 states
16:10	Iran's Ports and Maritime Organization attracts nearly $1.7bln of investment in ports, maritime sector
15:52	The added value of Chinese port cities up to US$869.05 bln in 2023
15:25	HD Hyundai becomes first Korean shipbuilder to sign MSRA with US Navy
13:41	NovaAlgoma orders the world’s largest cement carrier
13:21	Steerprop selected to provide comprehensive propulsion systems for world's largest cable-laying vessel
12:41	Integrated Wartsila propulsion package supports decarbonisation and efficiency goals for James Fisher tankers
12:36	MABUX: Bunker Outlook, Week 28, 2024
12:10	Valencia Port Authority signs an agreement with C.N.E. Hydrogen and Fuel Cells to promote hydrogen research
11:41	Long Beach, Los Angeles ports partner for zero-emissions future
11:16	Iraq to establish maritime single window for major ports
10:46	James Fisher completes its largest decommissioning project to date

2024 July 10

18:00	MET Group secures long-term US LNG source from Shell
17:36	bp, Mitsui, Shell and TotalEnergies join to ADNOC’s Ruwais LNG project
17:06	HD Hyundai Samho extends a pier at its shipyard in Yeongam, South Jeolla
16:45	Panama Canal plans new $1.6bn reservoir to address water shortages
16:25	Ocean Power Technologies signs agreement with AltaSea to advance wave power projects
15:52	WinGD completes type approval testing for new short-stroke engine size
15:32	PIL has the most reliable schedule among the top 12 container lines in Q2 2024
14:56	Fincantieri celebrates the keel laying of the first ultra-luxury vessel for Four Seasons Yachts at the shipyard in Ancona
14:20	Ningbo-Zhoushan port sees 8.4% container volume growth in H1
13:43	MOL announces delivery of bulk carrier Green Winds, 2nd vessel equipped with wind challenger hard sail propulsion system
13:23	BHP, Pan Pacific Copper and Norsepower deploy wind-assisted propulsion technology on vessel that set sail this month
12:43	MEYER WERFT to build Disney Wish-сlass сruise ship for Oriental Land Company to operate in Japan
12:25	South African Maritime Safety Authority try to rescue a cargo ship that ran aground on Cape west coast
11:50	SAAM Terminals partners with Next Port AI to boost digital solutions in ports