HHLA: Half-year Financial Report January to June 2016
Pleasing Earnings of the Transport Companies Compensate for the Modest Development in the Container Segment
Hamburger Hafen und Logistik AG (HHLA) has completed the expansion of the rail terminal at its Container Terminal Altenwerder (CTA) significantly earlier than planned. Following the construction period, regular operations will resume as early as 1 August 2016, which is two months sooner than originally calculated. The CTA’s rail terminal now has nine tracks, instead of the previous seven. The expansion will increase the terminal’s capacity by 140,000 standard containers (TEU) to 930,000 TEU per year.
APM Terminals Cotonou, operating as Coman SA at Benin’s primary port, adds two new cranes, the largest mobile cranes in the Benin port.
The port of Antwerp handled a freight volume of 108,317,922 tonnes in the first six months of this year, 3.6% more than in the same period last year. The container volume in TEU expanded by 4.4% while liquid bulk grew even more, by 8.4%, confirming its position as a leading source of growth in the port of Antwerp.
The biggest vessel ever to berth at Peel Ports Great Yarmouth arrived last week, carrying a cargo of 3,300 cars, all destined for UK car dealerships.
15 June 2016
PD Ports has welcomed one of the biggest wind farm installation vessels in the world, Pacific Orca, to its newly redeveloped £35 million quay at Teesport.
The Annual General Meeting of Hamburger Hafen und Logistik AG (HHLA) today resolved to distribute a dividend of € 0.59 per listed Class A share. HHLA is distributing a total of € 41.3 million to the shareholders of the Port Logistics subgroup – an increase of 13.5 percent on the previous year. This corresponds to a dividend payout ratio of approximately 70 percent. The dividend proposal made by the Executive Board and the Supervisory Board was ratified by 99.98 percent of the votes cast.
Today, Femern A/S, a subsidiary of the Danish state-owned Sund & Bælt Holding A/S, and the Fehmarn Belt Contractors joint venture, consisting of Royal Boskalis Westminster N.V. (Boskalis) and Van Oord, signed the previously announced contract related to the construction of the Fehmarnbelt Fixed Link. Boskalis' share of the contract is approximately EUR 300 million.
CMA CGM has increased the capacity on its West Coast Feeder service via Liverpool to 2200 TEU from 900 TEU. M.V. Nicolas Delmas began calling at the port in April. The service begins in Antwerp and also calls at Greenock, Belfast, Dublin and Le Havre.
The Armitt Group, a respected UK shipping agent and specialist logistics company, has signed a heads of terms agreement to build a 120,000 ft.² multimodal terminal at London Thamesport. Freight could start moving through the new facility as early as autumn this year.