Hamburg adds another Asia service as profits incre
2019-05-20 17:48:28
(www.cargofee.com)New broadcast:
The group has 330 containerships in 38 services for a total capacity of 3.8 million TEU. With Loop 7, six out of seven OCEAN Alliance Asia-North Europe services call at Hamburg. In total 21 liner services currently sail to and from Asia, of which 14 are container liner services.
Evergreen operates Loop 7 with 10 vessels ranging in size from 13,000 to 14,000+ TEU linking the port on a weekly basis via Port Klang, Ningbo, Shanghai, Kaohsiung, Shekou and Colombo.
The Hamburger Hafen und Logistik (HHLA) reported a 10.3 percent rise in Q1 revenue to €347.6 million and an operating result (EBIT) of €59.7 million, an increase of 24.5 percent over the same period last year.
Hamburg-based Hapag-Lloyd reflected the port’s results with an EBIT of €214 million compared to €51 million in Q1 2018. Net profit rose to €96 million from a loss of €34 million in the same period.
“Thanks to higher transport volumes, better freight rates and a stronger US dollar, we achieved a good result and got the year off to a very decent start,” said Hapag-Lloyd CEO Rolf Habben Jansen.
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Reported by Miss Wren from Cargofee
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