Rail transport boosts HHLA’s half year results
Hamburg Hafen und Logistik AG (HHLA) saw a 16% increase in container transport in the first half of 2021, boosting the group’s half year results.
Group EBIT increased 63% year-on-year to €90.5m (US$106m), partially attributable to high storage fees as a result of continued shipping delays at the Port of Hamburg and the positive growth in container transport volumes.
Angela Titzrath, chairwoman of HHLA’s executive board, said: “Global supply chains have been disturbed as a result of the coronavirus pandemic as well as singular events such as the recent one in the Suez Canal.
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