FS and MSC to form joint company to create new terminals in Italy
The Italian national railway holding Ferrovie dello Stato Italiane (FS) and logistics hegemon MSC agreed on forming a NewCo to boost sea-rail intermodality by building more terminals. FS will own 51 per cent of the...Read more
HHLA maintains negative trends in 2023
Hamburger Hafen und Logistik AG (HHLA) has been experiencing a decline in revenue since the beginning of the year. Things do not seem to be improving according to the company’s data for the first nine...Read more
HHLA Hamburg boards greenlight MSC investment, ‘business is safe’
The Executive and Supervisory boards of HHLA Hamburg have greenlit MSC’s offer to buy 49,9 per cent of the company’s stakes. Negotiations, including the two parties and the City of Hamburg, deemed the offering adequate....Read more
MSC-HHLA deal already sparks controversy and faces opposition
The port of Hamburg and HHLA seem destined to be at the centre of attention given every opportunity. This time is not about COSCO buying a stake at a port’s terminal but about the upcoming...Read more
MSC to become a major shareholder of HHLA in Hamburg
The die is cast for MSC’s involvement in HHLA in the port of Hamburg as the sea shipping giant aims to buy 49.9 per cent of the company’s stakes. The move has already been approved...Read moreHHLA’s half-year performance follows general market downturn
Hamburger Hafen und Logistik AG (HHLA) has recorded a drop in revenues and overall throughput in the first half of 2023. Specifically, the group noted a 6.7 per cent decrease in revenues, reaching 727.1 million...Read more
The deal is inked: COSCO minority shareholder at Hamburg’s CTT
HHLA and COSCO Shipping Port have finalised the acquisition of a 24,99 per cent share by the second at the Container Terminal Tollerort. The two parties signed the official agreement on Monday, 19 June, following...Read more
New rail link to port of Trieste helps to facilitate Turkey traffic
The new railway service has been opened in the north of Italy, connecting two important rail freight hubs: the HHLA PLT terminal in Trieste and Rail Hub Milano Melzo, a terminal of Contship Italia Group....Read moreHHLA’s rough start of year reflects on rail operations
HHLA Group experienced a tough Q1, with volumes and revenues falling. The group noted a 5,6 per cent revenue drop compared to the same period last year. The struggle was also reflected in rail and...Read more
It’s official: COSCO becomes shareholder of terminal in Hamburg
The German federal government approved the entrance of COSCO as a shareholder of the HHLA Container Terminal Tollerort (CTT). As HHLA explained, the terminal will now become one of the preferred handling locations for the...Read more
COSCO one step from purchasing share in container terminal Hamburg
COSCO is close to finalising the deal to purchase a share of 24,9 per cent in the HHLA Container Terminal Tollerort (CTT). Hamburger Hafen und Logistik AG (HHLA) and CSPL, a subsidiary of COSCO, are...Read more
COSCO will enter Hamburg, but only as a minority shareholder
COSCO will only be allowed to buy 24,9 per cent of the shares of the Container Terminal Tollerort (CTT), in the port of Hamburg, so the German government has decided. The previous agreement involved COSCO...Read more
COSCO will not own the port of Hamburg, HHLA guarantees
COSCO is about to finalise the acquisition of 35 per cent shares of the Container Terminal Tollerort (CTT), managed by HHLA. This procedure has been worrying the German federal government, which is assessing whether COSCO’s...Read more
COSCO at Tollerort: Hamburg says yes, German government says no
Robert Habeck, the German minister of economy, asked to halt COSCO’s rise in the port of Hamburg. The Chinese company is, in fact, about to finalise the acquisition of shares of the Container Terminal Tollerort...Read more
Robotics in rail freight could soon be a reality
A project launched by Hamburger Hafen und Logistik AG (HHLA) and Fraunhofer CML is trying to find a way to use mobile robotics to automate the process of container pin handling in rail processing. This...Read more
Amber Train is back on track, this time with new potential
The Amber Train is back on track. On Tuesday 13 September, a train loaded with timber, peat and construction foam left the Estonian port of Muuga. On Wednesday morning, it arrived in Kaunas Multimodal Terminal...Read more
‘Ukraine needs rail equipment, longer-term plans are for the future’
Investing in future projects that include Ukraine is not the only solution, as the industry and policymakers should ensure resolving current and burning issues. At the same time, the current situation in the supply chain...Read more
Modal shift for HHLA: rail share increases while road volumes drop
Hamburger Hafen und Logistik AG (HHLA) witnessed a positive modal shift this year. While rail volumes increased, cargo over the road decreased, and the overall rail share of the Hamburg-based transport company rose. This is a...Read more
Overloaded ports in Germany: METRANS’ two cents
Last week, the German port of Hamburg (HHLA) introduced the highest degree of restriction concerning freight transportation, resulting in many train slots being canceled. METRANS, its intermodal subsidiary, has been one of the parties affected....Read more