Anger over MSC bid for HHLA

News by WCN Editorial

The City of Hamburg faces a backlash from industry players determined to keep Germany’s sea port operators in German hands

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Business Mergers/Acquisitions/Restructuring Ports & Terminals City of Hamburg HHLA MSC

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HHLA Q1 2024 profit declines

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HHLA’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.