Company type | Aktiengesellschaft |
---|---|
FWB: HHFA | |
Industry | Logistics, transportation |
Founded | 7 March 1885 [1] |
Headquarters | Hamburg, Germany |
Key people |
|
Services | Container terminals, cargo handling and transport |
Revenue | € 1,382.6 million (2019) [4] |
€ 221.2 million (2019) [4] | |
€ 137.1 million (2019) [4] | |
Total assets | € 2,610.0 million (2019) [4] |
Total equity | € 578,862 thousand (2019) [4] |
Number of employees | 6,296 (2019) [4] |
Website | www.hhla.de |
Hamburger Hafen und Logistik AG (abbreviated HHLA), known until 2005 as Hamburger Hafen- und Lagerhaus-Aktiengesellschaft, and prior to that as Hamburger Freihafen-Lagerhaus Gesellschaft (HFLG) since 1885, [5] is a German logistics and transportation company specialising in port throughput and container and transport logistics.
HHLA's core business is divided into four business segments: [6]
As of 31 December 2019, the company employed 6,296 people worldwide, and generated revenue of €1.38 billion. [4]
Shares in the Port Logistics subgroup ("Class A shares") have been listed since November 2007. [7] Class A shares in HHLA were included in the MDAX from 2008 to 2013 [8] before becoming part of the SDAX in June 2013. [9] The Real Estate subgroup covers the company's properties that are not specific to port handling, with its shares listed as "Class S". These cannot be freely traded and are entirely owned by the City of Hamburg. [10] HHLA's administrative headquarters is known as the Speicherstadtrathaus . [11]
HHLA operates three of the four container terminals in the Port of Hamburg: [12]
In 2019, about 7.6 million TEU were handled here (2018: 7.3 million TEU). [4] As of 2018, the shipping company Hapag-Lloyd owned a share of 25.1% in the terminal. [19]
In June 2018, HHLA acquired the largest Estonian terminal operator Transiidikeskuse AS (headquartered in Muuga). At the time, the container terminal had a handling capacity of approximately 300,000 TEU. [20] HHLA's Container segment also includes a number of services related to container handling offered by its subsidiaries.[ citation needed ] As of 2019, HHLA also owned a container terminal at the Port of Odesa. [21]
This segment covers container transport by rail and road. [22] The sector includes the transport company Metrans and road transport company Container-Transport-Dienst (CTD). Metrans operates container trains from its own terminals in the Czech Republic, Austria, Slovakia, Hungary, Poland and neighbouring countries; [23] CTD covers the area surrounding the Hamburg Metropolitan Region by road. [24] In 2012, HHLA sold its 50% share in TFG Transfracht to Deutsche Bahn, [25] and in 2018, Polzug Intermodal merged with Metrans. [26] In 2019, the intermodal companies transported a total of 1.6 million standard containers by rail and road. [4]
This segment incorporates warehouse logistics and special handling, consulting, and various Start-ups. [27] It includes a number of equity holdings and subsidiaries, including the consulting firm HPC Hamburg Port Consulting. The fruit terminal at O'Swaldkai is also part of this segment. [28] At the same port is a RoRo terminal handling rolling cargo (RoRo). [29] Together with Salzgitter AG, HHLA also operates the Hansaport, Germany's largest terminal for bulk cargo. [30]
HHLA develops, designs and operates commercial properties. These include the Speicherstadt historical warehouse district, the area surrounding the Fischmarkt Hamburg-Altona as well as other logistics facilities and office buildings in and around the Port of Hamburg. [31]
The company supports and oversees the development of start-ups and holds investments in technology companies in the areas of drone technology [32] and 3D printing. [33] It co-founded the joint venture Hyperport Cargo Solutions to develop a component to bring Hyperloop technology to ports. [34]
Hamburg's state quay administration was founded in 1866. [35] Its role included organising transloading for the city and the maintenance of both the wharfs and the equipment and machinery on them. In March 1885, the city founded the Hamburger Freihafen-Lagerhaus-Gesellschaft (HFLG). [1] As part of Hamburg's inclusion in the German Imperial customs system, the company's role was to build and maintain the world's most modern and largest logistics centre at that time – Hamburg's Speicherstadt historical warehouse district. [36] It was an Aktiengesellschaft from the very beginning, with the city contributing the property and Norddeutsche Bank the capital. Construction of the Speicherstadt warehouse district began in 1885 and was largely completed by 1912. [37] By 1913, the Port of Hamburg was the third-largest in the world behind the ports of London and New York. [38]
During World War I (1914–1918), the Royal Navy blocked the seaports of the German Reich. [39] This brought business in Hamburg and its port to a complete standstill. [40] In the Treaty of Versailles, the allied powers forced Germany to give up the majority of its merchant navy. [41] Companies such as HAPAG were, however, able to retool in the coming years. [42] In 1927, the City of Hamburg became the sole shareholder in HFLG. [43]
The effects of the Great Depression (from 1929), protectionism in many industrial countries, the seizure of control by the National Socialists (1933) and their autarky policy saw cross border trade drop to levels lower than before the crisis. [44] In 1935, HFLG merged with the state quay administration to become the Betriebsgesellschaft der hamburgischen Hafenanlagen. As well as operating the port facilities, it was also responsible for their upkeep and expansion. In 1939, the company was renamed, becoming Hamburger Hafen- und Lagerhaus-Aktiengesellschaft (HHLA). [35] During World War II, HHLA employed forced labour. [45] Allied bombers attacked the Port of Hamburg multiple times, destroying large parts of it. [46]
The Second World War ended in May 1945. The Port of Hamburg had suffered further damage. Around 90% of the quay shed area was destroyed, and two thirds of the warehouses were left unusable. Large parts of the quay walls lay in ruins. Almost 3,000 shipwrecks prevented regulated shipping movements. The reconstruction of the port was largely completed by 1956. [47]
1967 saw the opening of the "Übersee-Zentrum". It was, at the time, the world's largest distribution shed and was used as a distribution facility for mixed break bulk cargo. [48] It remained in use until 2016. [49] The first container ship docked in the Port of Hamburg in 1968. It was handled at Burchardkai – where HHLA later built the Container Terminal Burchardkai – using container cranes. [50] In 1970, new port order regulations relieved HHLA of all sovereign functions. This created competition between companies in the port industry. [51] In 1978, HHLA opened its new fruit and cooling centre for fruit and refrigerated goods, which has been modernised multiple times in the years since. [52]
In 1990, many of the former Eastern Bloc states became independent after the dissolution of the Soviet Union. The Port of Hamburg was soon able to resume handling cargo for these countries (its Hinterland was now much larger). HHLA began to invest in a number of companies that organised container transport on the railway network, and the volume of cargo that they handled rose. [53]
On 25 June 2002, the first container ship was handled at the new Container Terminal Altenwerder (CTA) . [54] On 1 October 2005, the company changed its name to Hamburger Hafen und Logistik AG. The abbreviation HHLA remained. [55]
HHLA was retroactively split into the subgroups Port Logistics and Real Estate with effect from 1 January 2007. [56] On 2 November 2007, the Port Logistics subgroup was listed on the stock exchange. [7] Since its initial public offering in October 2007, HHLA shares have been traded on the Prime Standard at the Frankfurt Stock Exchange and the Hamburg Stock Exchange. [57] [58]
In 2010, Burchardkai and am Tollerort were fused to decrease costs after a decrease of 30 percent in container business and 20 percent in across land logistics in 2009. There had been delays in the digging of the Elbe to deepen it for large container ships. [59]
In early 2023, Chinese shipping firm Cosco bought one of the three terminals, which caused protests by the German government coalition (Scholz cabinet)and from abroad. In September 2023 it was reported that billionaire Klaus-Michael Kühne wanted to take over HHLA. [60] which was followed by an offer of Swiss MSC of nearly 1.3 billion euros. [61] [62]
The Port of Hamburg is a seaport on the river Elbe in Hamburg, Germany, 110 kilometres (68 mi) from its mouth on the North Sea.
The Rhenus Group is an international logistics service provider based in Holzwickede near Dortmund, Germany. The company has branches in Europe, India, North, Central and South America, Asia, Africa, and Oceania. It is a subsidiary of German Rethmann Group.
The HHLA Container Terminal Altenwerder (CTA) in Hamburg, Germany, is a container handling terminal. It is located in the Altenwerder quarter. It is owned by Hamburger Hafen und Logistik AG (HHLA) (74.9%) and Hapag-LLoyd AG shipping lines (25.1%) and lies south of Hamburg on the river Elbe.
Klaus-Michael Kühne is a German billionaire businessman. In October 2021, the Bloomberg Billionaires Index estimated Kühne's net worth to be US$36.2 billion, making him the richest person in Germany. He is the honorary chairman and majority owner (53.3%) of the international transport company Kühne + Nagel, co-founded by his grandfather, August Kühne (1855–1932).
HafenCity is a quarter in the borough of Hamburg-Mitte, Hamburg, Germany. It is located on the Elbe river island Grasbrook, on the former Port of Hamburg area. It was formally established in 2008 and also includes the historical Speicherstadt area, which since 2015 is an UNESCO World Heritage Site with the adjacent Kontorhausviertel. The main landmark of the HafenCity is the Elbphilharmonie concert hall.
The Internationales Maritimes Museum Hamburg is a private museum in the HafenCity quarter of Hamburg, Germany. The museum houses Peter Tamm's collection of model ships, construction plans, uniforms, and maritime art, amounting to over 40,000 items and more than one million photographs. It opened in a former warehouse in 2008.
The Wanne-Herner Eisenbahn und Hafen GmbH is a railway and canal port operating company based around the Rhine-Herne Canal in the Ruhr area of Germany
The Speicherstadt in Hamburg, Germany, is the largest warehouse district in the world where the buildings stand on timber-pile foundations, oak logs, in this particular case. It is located in the port of Hamburg – within the HafenCity quarter – and was built from 1883 to 1927.
Stadtwerke Köln GmbH is the infrastructure and services company of the City of Cologne.
Franz Ferdinand Carl Andreas Meyer was a German civil engineer, known primarily as the creator of the Speicherstadt on Hamburg's waterfront.
Muuga Harbour is the largest cargo port in Estonia, located on the southern coast of the Gulf of Finland, 17 kilometres (11 mi) northeast of the capital Tallinn, in Maardu. The harbour is administrated by Port of Tallinn, the biggest port authority in Estonia. Muuga Harbour is one of the few ice-free ports in northernmost Europe and among the deepest —up to 18 metres (59 ft) — and most modern ports in the Baltic Sea region. The cargo volume handled accounts for around 80% of the total cargo volume of Port of Tallinn and approximately 90% of the transit cargo volume passing through Estonia. Nearly 3/4 of cargo loaded in Muuga Harbour includes crude oil and oil products, but the harbour also serves dry bulk and other types of cargo.
Metrans Rail s.r.o. is a Czech railway operator. It operates regular freight trains connecting container terminal of its parent Metrans in Prague-Uhříněves with Rotterdam. It is presently a wholly-owned subsidiary of the German logistics company HHLA.
The Fischmarkt Hamburg-Altona GmbH (FMH) develops and administrates the area of the fishing port in the Altona district of Hamburg, Germany. The FMH is a complete subsidiary of the Hamburger Hafen und Logistik Aktiengesellschaft (HHLA) since 1989.
Kohlenschiffhafen is a harbour basin of the port of Hamburg, Germany, connected with the Norderelbe anabranch of River Elbe. It is located between the promontories of Köhlbrandhöft to the west and Tollerort to the east. It marks the former mouth of the Köhlbrand anabranch into the Norderelbe.
BLG Logistics Group AG & Co. KG is a seaport and logistics company with headquarters in Bremen. The operative divisions offer services for automobile, industry and trading customers. The company has nearly 100 locations in Europe, America, Asia and Africa.
Hugo Amandus Roeloffs, was a Syndicus of the Senate of Hamburg.
The Hamburg Maritim Foundation is a legally responsible foundation based in Hamburg, Germany and was founded in 2001.
The Speicherstadtrathaus is the administration building of Hamburger Hafen und Logistik AG. It is located in the historic warehouse complex of the Speicherstadt in the Port of Hamburg, Hamburg, Germany. The Speicherstadtrathaus has been a listed building since 1991 and has been on the UNESCO World Heritage List since July 5, 2015, along with the neighboring Kontorhaus District.
Johannes Martin Friedrich Grotjan was a German architect. He was responsible for a large number of the municipal buildings constructed in Hamburg during the late nineteenth and early twentieth centuries, a period of great expansion and rise to global prominence for the city.
RheinCargo GmbH & Co. KG (RheinCargo) operates one of the largest inland port operations in Europe and is also active as a private railway transport company (EVU) in rail freight transport. It is a German joint venture of Häfen und Güterverkehr Köln AG (HGK) and Neuss-Düsseldorfer Häfen GmbH & Co. KG (NDH), each owning 50%. The company was established in 2012. It is headquartered in Neuss