Hamburger Hafen und Logistik AG (HHLA), the operator behind the Port of Hamburg’s container terminals, improved its operating result by 10% year-on-year to around US$181.5m in the 2014 financial year, while achieving a new throughput record of 7.2 million TEU.
The intermodal companies operating in rail and road services achieved another substantial increase of 9.4 % in their transport volumes to 1.3 million TEU.
HHLA generated revenue of € 1.2 billion in the financial year 2014, up 5.4 % on the previous year.
The development in 2014 was due to the measures taken by the company early on to further improve the quality and capacity of mega-ship handling at the terminals and to gear the company up for an increasing number of ultra large vessels calling at the harbour.
HHLA increased its number of employees on the basis of the rise in volumes at the Hamburg terminals, the ongoing expansion of the hinterland networks and the increasing use of its own locomotives.
Klaus-Dieter Peters, Chairman of HHLA’s Executive Board, said: “Despite a challenging environment, particularly due to the further delay in dredging the navigation channel of the river Elbe, 2014 was a successful year for HHLA, as demonstrated by the significant increase in our operating result, a clear rise in our container transports and the record volume of cargo that we handled at our Hamburg container terminals.
“Our vertical group strategy puts us in a strong position and we will continue to work intensively on improving the coordination of the logistics chain in the future. We have invested in further improving our handling efficiency, for example by creating capacity reserves at our terminals in good time and by increasing our productivity.