Chinese VP Visits Hamburg Terminal
China’s Vice President Wang Qishan visited the HHLA Container Terminal Tollerort (CTT) at the Port of Hamburg.Wang was greeted by the Chairwoman of the Executive Board of Hamburger Hafen und Logistik AG (HHLA), Angela Titzrath, Hamburg’s First Mayor, Dr Peter Tschentscher, and representatives of the Chinese container shipping company Cosco Shipping Lines. Wang headed a 40-strong party of high-ranking Chinese government officials, and the terminal operator said the visit emphasizes Hamburg’s importance as a global trade gateway.The largest container vessels of Chinese shipping company Cosco Shipping Lines are handled at the facility of Container Terminal Tollerort every week. On Thursday, for instance, the Cosco Shipping Aries was docked at the CTT quayside.
HHLA Revenue, Profit Rise
German port operator Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by 3 percent to EUR 1.29 billion in the 2018 financial year (previous year: EUR 1.25 billion). The Group’s operating result (EBIT) of EUR 204 million (previous year: EUR 173 million) represents an increase of 18 percent.In total, 7.3 million standard containers (TEU) were handled at HHLA’s container terminals in the 2018 financial year. Compared to 7.2 million TEU in the previous year, this equates to an increase of 1.9 percent.Container throughput at the three container terminals in Hamburg remained at the high level achieved in the previous year, while throughput at the international HHLA container terminals in Odessa (Ukraine) and Tallinn (Estonia) increased.
Terminal Operator HHLA Prepares for Big Vessels
Port of Hamburg terminal operator Hamburger Hafen und Logisitik AG (HHLA) is making further preparations for the latest generation of mega-ships. It has ordered two new container gantry cranes for its Container Terminal Tollerort (CTT), which will be able to handle ships with a capacity of 20,000 standard containers (TEU). HHLA had only just recently ordered three new cranes for HHLA Container Terminal Burchardkai. The ultra-modern container gantry cranes for CTT will be supplied by the Liebherr Company and produced in Germany and Ireland. Dr. Stefan Behn, member of the Executive Board of Hamburger Hafen und Logistik AG, emphasizes the strategic significance of the decision: “We are systematically preparing ourselves for the ever increasing number of ultra large vessels.
Dredging the River Elbe: Waiting for Luxembourg
The Federal Administrative Court in Leipzig today adjourned the proceedings by the BUND and NABU environmental associations against the plan approval concerning the dredging of the lower and outer stretches of the river Elbe until the Court of Justice of the European Union (CJEU) in Luxembourg has reached a decision regarding a pending referral of the interpretive ruling on the Water Framework Directive. The 7th division of the Federal Administrative Court, which is responsible for waterways law…
