MSC gets green light as major shareholder in HHLA
NewsHamburg’s city parliament approved MSC’s entry as a major shareholder in HHLA, despite opposition, with final approval pending from the European Commission.
Big steps needed to handle record growth
Hamburg’s partial privatisation plans for HHLA may be in doubt, but expansion programmes in Hamburg and in other German ports will carry on regardless.
The Port of Hamburg logged another record result in the first half of 2007, with throughput up by 5% on the same period of last year, to 69.5 mt. Bulk cargo shipments fell by 3.4% to 20.5 mt. General cargo throughput increased by 8.9% to 49 mt. This figure included an 8.5% increase in conventional cargo to 1.4 mt and a record-breaking 14.3% increase in container traffic to 4.8M TEU.
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This complete item is approximately 2000 words in length, and appeared in the August 2007 issue of WorldCargo News, on page 27. To access this issue download the PDF here.
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