Thanks to the integration of the liner operations of Costa Container Lines (CCL), acquired in late 2007, and aided by a world economy on a growth course up to the middle of the year, the Hamburg Süd Group succeeded in increasing volumes in liner services by 25 per cent in 2008 compared with the previous year to just under 2.7m TEU.
In a press release, the group stated that the transport performance of the Hamburg Süd liner services had averaged an annual increase of 21 per cent over the past 10 years.
Total turnover in 2008 rose by 24 per cent to €4.5bn. According to the company, around 15 per cent of the growth in turnover, from €3.6bn in the previous year to almost €4.5bn in 2008, was attributable to organic growth, with the remaining 9 per cent down to the acquisition of CCL’s business, a move that considerably strengthened the group’s organisation in the Mediterranean and Central America.
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