HHLA Q1 2024 profit declines
NewsHHLA’s Q1 2024 revenue and earnings declined due to global crises and the Red Sea conflict, with revenue down 0.3% and EBIT down 23.9%, resulting in a net loss of EUR 1.1 million.
HHLA raises its international sights
Hamburg container terminal operator has taken a step beyond international port consultancy work into risk investments. HHLA International was set up two years ago and its interests include a 15 per cent share in Exolgan in Dock Sud, Buenos Aires and a 30 per cent share in Terminal Pacifico Sur in Valparaiso (TPS), as well as a management role in Tecon, Santos. It is now looking beyond South America to ports in other parts of the world, such as the Mediterranean and Eastern Europe.
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