HHLA’s operating profit jumped 10 percent in 2014 as the largest container handler in the port of Hamburg shrugged off lower Russian feeder shipments and a slump in traffic at its Ukraine terminal that left total volume unchanged from the previous year.
23 May 2014
Several carriers have planned general rate increases in multiple trade routes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
14 May 2014
Resurgent cargo flows on the Far East-Europe trade boosted HHLA’s first quarter earnings, but the rise of ocean carrier alliances is among the “fundamental uncertainties” clouding the rest of the year, Hamburg’s biggest container handler cautioned.
21 Apr 2014
While agribusiness investments are a thriving sector for multinational expansion, Ukraine’s more mature sectors — energy, mining and metallurgy — remain highly inefficient and subject to corrupt practices, according to Anders Aslund, senior fellow at the Peterson Institute for International Economics.
21 Apr 2014
The Russian invasion of the Ukrainian province of Crimea is shining a spotlight on the economic vulnerability of its smaller neighbor.
28 Mar 2014
HHLA, the port of Hamburg’s largest container handler, warned the crisis in Ukraine threatens to slow its important Russian feeder traffic and impact this year’s financial performance.
12 Mar 2014
The European Commission has adopted a proposal to temporarily remove customs duties on Ukrainian exports to the European Union until Nov. 1, 2014...
04 Mar 2014
Summa, the Russian energy and transport conglomerate, confirmed its plans to build a container terminal in Ukraine when tensions between Moscow and Kiev ease.