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16 July 2019 The on-line newspaper devoted to the world of transports 18:31 GMT+2

April 13, 2011

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Original news
In 2010, the scheduled services of Hamburg Süd record revenues totaled more than EUR 3.9 billion

Carried 2.9 million containers (+23.2%). Noli in recovery, but further deterioration in the market from the end of the year

In 2010 the turnover of the German shipping company Hamburg Süd (including those of subsidiary Aliança) grew by 38.7% to 4.43 billion compared to € 3.19 billion euro in annual expecting. In the area of ​​the liner shipping company records for revenues totaled 3.93 billion euro (+44.8%), while in the tramp sector revenues amounted to 339 million euro (+21.1%).

Last year in the liner of the Hamburg company has transported freight volumes of approximately 2,871,000 TEUs containers, with an increase of 23.2% over 2009. If the traffic volumes in 2010 rose to a level higher than pre-crisis (in 2008 had been transported about 2.7 million teu), freight rates have also resumed but - on the routes served by company - have not returned to 2008 levels.Hamburg Süd has stated that it found at the end of 2010 growing signs of a significant deterioration in the market, particularly with regard to freight rates.

At the end of 2010, the fleet of container ships of Hamburg Süd consisted of 113 ships (including 36 owned) for a total capacity of 371,000 TEUs (at the end of 2009 were 96 ships for 304,000 teu), while the fleet was tramp consists of 56 vessels (four of which properties) compared to 52 vessels at the end of 2009.

During 2010 the number of employees the company has grown by 53 to a total of 4099 (of which 3,505 employees on the ground and 594 on board ships).

Hamburg Süd has highlighted the difficulty of making predictions for the future in view of the continuing economic and financial crisis in some regions of the world, particularly in Europe, the ongoing social and political crises, such as those in North Africa, and natural disasters, including where the flooding in Australia and the earthquake in Japan. The company announced that in the first quarter of 2011 the volume of cargo were in line with expectations, whereas the freight rates were found to be under pressure virtually everywhere.Besides, there is the continued rising price of fuel - said the company - can not be transferred sufficiently customers with the application of surcharge.

Hamburg Süd this year expects to raise more than 10% the number of employees. The company confirmed its intention to pursue its strategy of increasing the share of ownership of its fleet of ships and containers. By the end of 2010, the German shipping company will take delivery of eight more new ships of Class "Santa" (capacity of 7,100 TEUs) and four smaller vessels (3,800 TEUs), representing an increase of 20% of current capacity fleet. Also last month, the company ordered the construction of six 9,600 teu containerships from with an option for four more units of the same type will be delivered in 2013-2014 and will be used in services for South America ( of 21 March 2011).


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