Higher H1 profit and revenue for HHLA

Hamburg’s city parliament approved MSC’s entry as a major shareholder in HHLA, despite opposition, with final approval pending from the European Commission.

The MSC’s 49.9% purchase of HHLA shares passed the first reading in the Hamburg Parliament, with support from the ruling coalition.

MSC’s bid to become a major shareholder in HHLA is expected to be delayed post-summer pending a Hamburg parliament vote.

HHLA has launched the first hydrogen-powered port logistics test field and refuelling station at the Port of Hamburg’s Container Terminal Tollerort.

HHLA launches two electrically powered trucks at its in-house freight forwarder Container-Transport-Dienst GmbH (CTD).

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.