HHLA

Last updated
Hamburger Hafen und Logistik AG
Company type Aktiengesellschaft
FWB:  HHFA
Industry Logistics, transportation
Founded7 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.

Contents

Overview

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]

Container

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]

Intermodal

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]

Logistics

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]

Real estate

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]

Other

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]

History

1885–1945

Administrative building in the Speicherstadt Hamburg - Speicherstadtrathaus (2019).jpg
Administrative building in the Speicherstadt

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]

1945–2000

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]

2000- present

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]

Further reading

Related Research Articles

<span class="mw-page-title-main">Port of Hamburg</span> Port in Hamburg, Germany on the river Elbe

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.

<span class="mw-page-title-main">Container Terminal Altenwerder</span> Container terminal in Hamburg, Germany

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.

<span class="mw-page-title-main">Klaus-Michael Kühne</span> German billionaire and businessman

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).

<span class="mw-page-title-main">HafenCity</span> Quarter of Hamburg in Germany

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.

<span class="mw-page-title-main">Internationales Maritimes Museum Hamburg</span> Transport museum in Hamburg , Germany

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

<span class="mw-page-title-main">Speicherstadt</span> Warehouse district in Hamburg, 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.

<span class="mw-page-title-main">Stadtwerke Köln</span> Infrastructure and services company

Stadtwerke Köln GmbH is the infrastructure and services company of the City of Cologne.

<span class="mw-page-title-main">Franz Andreas Meyer</span> German civil engineer

Franz Ferdinand Carl Andreas Meyer was a German civil engineer, known primarily as the creator of the Speicherstadt on Hamburg's waterfront.

<span class="mw-page-title-main">Muuga Harbour</span> Harbor in Estonia

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.

<span class="mw-page-title-main">Metrans Rail</span> Czech railway cargo company

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.

<span class="mw-page-title-main">Kohlenschiffhafen</span> Port in Germany

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.

<span class="mw-page-title-main">BLG Logistics</span> Multinational freight logistics company headquartered in Germany

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.

<span class="mw-page-title-main">Hugo Roeloffs</span>

Hugo Amandus Roeloffs, was a Syndicus of the Senate of Hamburg.

<span class="mw-page-title-main">Hamburg Maritime Foundation</span> German maritime foundation

The Hamburg Maritim Foundation is a legally responsible foundation based in Hamburg, Germany and was founded in 2001.

<span class="mw-page-title-main">Speicherstadtrathaus</span> Building in Hamburg, Germany

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.

<span class="mw-page-title-main">Johannes Grotjan</span> German architect

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.

<span class="mw-page-title-main">RheinCargo</span> German railway company

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

References

  1. 1 2 Helmuth Kern: Die Hamburger Hafen- und Lagerhaus-Aktiengesellschaft: Porträt eines landeseigenen Unternehmens im freien Wettbewerb. In: Zeitschrift für öffentliche und gemeinwirtschaftliche Unternehmen, Bd. 6, H. 2 (1983), pp. 163–168, here p. 163.
  2. HHLA. "Executive Board". hhla.de. Website of the company
  3. HHLA. "Members of the Supervisory Board". hhla.de. Website of the company
  4. 1 2 3 4 5 6 7 8 9 HHLA. "Annual Report 2019" (PDF).
  5. Birger Nicolai (2010-03-01). "Die HHLA feiert im März ihren 125. Geburtstag". Die Welt .
  6. "EBIT der Hamburger Hafen und Logistik AG (HHLA) für die Jahre 2008 bis 2019 (in Millionen Euro)". Statista . 2020-03-01.
  7. 1 2 "HHLA-Börsengang versetzt Senat in Jubelstimmung". Der Spiegel (online). 2007-11-02.
  8. "HHLA Aktie". boerse.de .
  9. "MDax begrüßt weitere Immobilienfirma". n-tv . 2013-06-06.
  10. "HHLA drängt auf rasche Elbvertiefung". Deutsche Logistik-Zeitung. 2018-06-13.
  11. Behörde für Stadtentwicklung und Umwelt (2012-04-01). "Anlage zur Drs. 20/4388. Speicherstadt Hamburg. Entwicklungskonzept" (PDF). Website of Hamburgische Bürgerschaft .Mitteilung des Senats an die Bürgerschaft. Konzept für die künftige Entwicklung der Speicherstadt sowie Stellungnahme des Senats zum Bürgerschaftlichen Ersuchen vom 22. April 2010 „Kreative Milieus: Flächen in der Speicherstadt aktivieren und bereitstellen“ – Drucksache 19/5853 p. 13 und p. 106.
  12. The fourth is operated by Eurogate.
  13. "Container Terminal Altenwerder (CTA) - HHLA". HHLA Hamburger Hafen und Logistik AG. 2023-08-30. Retrieved 2023-09-13.
  14. Frieder Schwitzgebel (2019-04-02). "Hafen der Zukunft – das Containerterminal Altenwerder (CTA)". logistik-aktuell.com.
  15. "Technical data Burchardkai (CTB)".
  16. Tobias Bruns (2019-11-05). "Neue Containerbrücken für den Burchardkai erreichen den Hamburger Hafen". schiffsjournal.de.
  17. Kira Oster (2018-05-31). "50 Jahre Containerumschlag: Von Stahlkisten, die die Welt veränderten". shz .
  18. "Technical data Tollerort (CTT)".
  19. Olaf Preuß (2018-10-23). "Hapag-Lloyd holt Linien nach Hamburg". Die Welt.
  20. Terminalbetreiber in Estland gekauft. In: Schiff & Hafen, Heft 7/2018, p. 9.
  21. Preuß, Olaf (2019-03-05). "HHLA in Odessa: Das Tor zur Welt". DIE WELT. Retrieved 2020-06-09.
  22. "HHLA Hamburger Hafen und Logistik AG: Intermodal".
  23. Containerverkehr auf der Schiene wird neu geordnet. In: Täglicher Hafenbericht, April 30, 2012, p. 1.
  24. "Mehr Zeit, mehr Raum". Deutsche Logistik-Zeitung. 2015-10-26.
  25. "Deutsche Bahn und HHLA entflechten Intermodalbeteiligungen". VerkehrsRundschau. 2012-04-27. Archived from the original on 2020-06-04.
  26. "HHLA fusioniert Polzug mit Metrans". Deutsche Logistik-Zeitung.
  27. "Services".
  28. "HHLA: Alles Banane am Hamburger O'Swaldkai". Hamburger Abendblatt . 2011-09-14.
  29. Oliver Lieber: Hafen versus Stadt. Konfliktanalyse der Flächenkonkurrenz zwischen Hafenwirtschaft und Stadtentwicklung in Hamburg. Springer Fachmedien, Wiesbaden 2018, p. 79, ISBN   978-3-658-22633-6.
  30. "Hansaport: Thurnwald löst Meller ab". Deutsche Logistik-Zeitung. 2016-06-30.
  31. "Development with responsibility".
  32. Martin Kopp (2019-03-27). "Container sollen mit Drohnen durch den Hafen fliegen". Hamburger Abendblatt.
  33. Sebastian Reimann (2019-03-27). "HHLA investiert in 3D-Druck". Deutsche Logistik-Zeitung.
  34. Michael Kroker (2018-12-05). ""Hyperloop ergibt auf kurzen Strecken wenig Sinn"". Wirtschaftswoche .
  35. 1 2 Christine Zeuner: Erwachsenenbildung in Hamburg 1945–1972. Institutionen und Profile, Münster, Hamburg 2000, p. 264, ISBN   3-8258-5080-3.
  36. Helmuth Kern: Die Hamburger Hafen- und Lagerhaus-Aktiengesellschaft: Porträt eines landeseigenen Unternehmens im freien Wettbewerb. In: Zeitschrift für öffentliche und gemeinwirtschaftliche Unternehmen, Bd. 6, H. 2 (1983), p. 163–168, here p. 164.
  37. Ralf Lange (2015-06-01). "Die Hamburger Speicherstadt". Stadtentwicklung zur Moderne. Die Entstehung großstädtischer Hafen- und Bürohausquartiere. Urban Development towards Modernism. The Birth of the Metropolitan Harbour and Commercial Districts], p. 64–78, here p. 74.
  38. Dirk Schubert (2015-06-01). "Hamburg – Amphibische Stadt im (inter-)nationalen Kontext". Stadtentwicklung zur Moderne. Die Entstehung großstädtischer Hafen- und Bürohausquartiere. Urban Development towards Modernism. The Birth of the Metropolitan Harbour and Commercial Districts], p. 53–61, here p. 58.
  39. "Der Seekrieg". Lebendiges Museum Online.
  40. "Wo Hamburg an den Ersten Weltkrieg erinnert". Norddeutscher Rundfunk . 2014-07-30.
  41. Wolfgang Müller (2020-01-11). "Versailler Vertrag: Fragen und Antworten". Norddeutscher Rundfunk.
  42. "Hapag-Lloyd: Über 150 Jahre Tradition". Rheinische Post . 2004-09-07.
  43. Arnold Kludas, Dieter Maass, Susanne Sabisch: Hafen Hamburg. Die Geschichte des Hamburger Freihafens von den Anfängen bis zur Gegenwart. Kabel, Hamburg 1988, p. 50, ISBN   3-8225-0089-5.
  44. Nikolaus Wolf (2016-01-28). "Vom Kaiserreich bis zum Zweiten Weltkrieg: Wachstum und Krise". Bundeszentrale für politische Bildung (online).
  45. "Zwangsarbeit in der Hamburger Kriegswirtschaft 1939–1945". zwangsarbeit-in-hamburg.de (in German).
  46. Helmut Schmidt (1951). "Der Hafen von Hamburg" (PDF). Wirtschaftsdienst (Vol. 31, Heft 4, p. 41–44, here p. 41).
  47. Gert Kähler, Sandra Schürmann (2010). "Spuren der Geschichte. Hamburg, sein Hafen und die Hafencity" (PDF). Arbeitshefte zur Hafencity. HafenCity Hamburg GmbH. Archived from the original (PDF) on 2020-12-01. p. 77 f.
  48. "Hamburg damals: Das Überseezentrum". Norddeutscher Rundfunk. 2017-02-12.
  49. Friederike Ulrich (2017-09-15). "Hier entsteht Hamburgs neuer Stadtteil". Hamburger Abendblatt.
  50. "Containerschiffe: Beginn einer neuen Ära". Norddeutscher Rundfunk. 2018-05-30.
  51. Gert Kähler, Sandra Schürmann (2010). "Spuren der Geschichte. Hamburg, sein Hafen und die Hafencity" (PDF). Arbeitshefte zur Hafencity. HafenCity Hamburg GmbH. Archived from the original (PDF) on 2020-12-01. p. 38.
  52. "Qualität im Fruchtumschlag". Hamburger Abendblatt. 2014-09-04. Archived from the original on 2015-10-15.
  53. Gert Kähler, Sandra Schürmann (2010). "Spuren der Geschichte. Hamburg, sein Hafen und die Hafencity" (PDF). Arbeitshefte zur Hafencity. HafenCity Hamburg GmbH. Archived from the original (PDF) on 2020-12-01. p. 89 f.
  54. "Seit einem Jahr in Betrieb: Container Terminal Altenwerder". VerkehrsRundschau. 2003-06-25.
  55. "Neuer Name für Hamburger Hafen- und Lagerhaus-AG". VerkehrsRundschau. 2005-09-30. Archived from the original on 2020-06-04.
  56. "HHLA langfristiger Kauf". boerse.de. 2010-02-11.
  57. HHLA. "Basic data". hhla.de.
  58. Peter Starck (October 26, 2007), Hamburg port stock quoted near top of IPO range  Reuters .
  59. Martin Kopp (2011-11-19). "Der Hamburger Hafen beginnt zu schrumpfen". Die WELT (in German). Retrieved 2023-09-13.
  60. Ritter, Johannes (2023-09-12). "Hamburger Hafen: Wie Klaus-Michael Kühne ihn retten will". FAZ.NET (in German). ISSN   0174-4909 . Retrieved 2023-09-13.
  61. Heine, Friederike; Schwartz, Jan (2023-09-13). "Battle heats up for Hamburg port operator as MSC makes $1.4 billion offer". Reuters. Retrieved 2023-09-13.
  62. https://www.ndr.de/nachrichten/hamburg/FAQ-Hamburger-Hafenbetreiber-HHLA-und-der-geplante-MSC-Deal,hhlamsc100.html [ bare URL ]