Hamburg box terminals feel pinch as trade drops in eastern Europe
by
Patrick Hagen, Cologne
—
last modified
Feb 15, 2010 10:06 AM
HAMBURG’s leading terminal operator HHLA suffered a severe decline in container handling of 33% to 4.9m teu last year.
Rival Eurogate, which also operates a terminal in Hamburg, performed slightly better with a turnover of 6.7m teu across all German locations, representing a drop of 19%.
The port of Hamburg functions as a hub for trades between the Asia...
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