German terminal operator HHLA is increasingly eyeing international acquisitions as a means of mitigating against future volume weakness in its home port of Hamburg, Drewry Maritime Financial Research argued today.
Although 2017 saw HHLA post “inspiring results”, with revenues up 6.3% to €1.25bn and EBIT increasing 5.6% to reach €173m, any container throughput growth was largely due to last year’s shift in alliance volumes and could come under pressure this year.
HHLA handled 7.1m teu last …
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Source: The Loadstar