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1GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AGBerenberg & Goldman Sachs German Corporate Conference © Hamburger Hafen und Logistik AGBerenberg & Goldman Sachs German Corporate Conference © Hamburger Hafen und Logistik AGCommerzbank Sector Conference Week – August 2013 © Hamburger Hafen und Logistik AG
HAMBURGER HAFEN UND LOGISTIK AGInvestor Presentation
Goldman Sachs European Small & Mid Cap Symposium - London, 8 May 2014
2
Disclaimer
The facts and information contained herein are as up to date as is reasonably possible and are subject to revision in the future. Neither the Company nor any of its parent or subsidiary undertakings nor any of such person’s directors, officers, employees or advisors nor any other person makes any representation or warranty, express or implied as to, and no reliance should be placed on, the accuracy or completeness of the information contained in this presentation. Neither the Company, nor any of its parents or subsidiary undertakings nor any of their directors, employees and advisors nor any other person shall have any liability whatsoever for loss howsoever arising, directly or indirectly, from any use of this presentation. The same applies to information contained in other material made available at the presentation.
While all reasonable care has been taken to ensure that the facts stated herein are accurate and that the opinions contained herein are fair and reasonable, this document is selective in nature. Where any information and statistics are quoted from any external source, such information or statistics should not be interpreted as having been adopted or endorsed by the Company as being accurate.
This presentation contains forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which the Company operates. These statements generally are identified by words such as “believes”, “expects”, “predicts”, “intends”, “projects”, “plans”, “estimates”, “aims”, “foresees”, “anticipates”, “targets” and similar expressions. The forward-looking statements, including but not limited to assumptions, opinions and views of the Company for information from third party sources, contained in this presentation are based on current plans, estimates, assumptions and projections and involve uncertainties and risks. Various factors could cause actual future results, performance or events to differ materially from those described in these statements. The Company does not represent or guarantee that the assumptions underlying such forward-looking statements are free from errors and the Company does not accept any responsibility for the future accuracy of the opinions expressed in this presentation. No obligation is assumed to update any forward-looking statements.
By accepting this presentation you acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Company’s business.
This presentation is not a prospectus and does not constitute an offer or an invitation or solicitation to subscribe for, or purchase, any shares of the Company and neither this presentation nor anything contained herein shall form the basis of, or be relied on in connection with, any offer or commitment whatsoever.
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
3
Company Profile and Strategy
Business Development
Financial Performance and Outlook
Agenda
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
4GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
A Leading Port Logistics CompanySegments of the listed Port Logistics subgroup
Container handling
Container transfer and storage
Value-added container services (e.g. repair, maintenance)
Operation of 4 container terminals, thereof 3 in Hamburg Altenwerder (CTA) Burchardkai (CTB) Tollerort (CTT) Odessa (CTO)
Relevant markets positions, i.e. ~ 75 % in the Port of Hamburg ~ 20 % in the North Range*
* Antwerp, Rotterdam, Bremerhaven, Hamburg
Container64 % of revenue FY13
Special seaport handling ofBulk cargo, Fruit, RoRo, ConRo
Consulting & training
Warehousing and contract logistics
Handling of cruise ships
Operation of multi-purpose terminal O’Swaldkai and a logistics centre in Hamburg
Leading market position in special handling in Hamburg
Excellent international consulting references
Logistics8 % of revenue FY13
Rail- and road-bound transport services into the ports’ hinterland
Loading/Unloading of carriers
Operation of inland terminals
Operation of two rail companies
Metrans, covering esp. Central Europe and German speaking markets
Polzug, covering Poland
and one trucking company (CTD)
Leading positions in the majority of markets
Intermodal28 % of revenue FY13
Company Profile and Strategy
5GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Business ModelGrowth potential and value creation based on vertical integration
Company Profile and Strategy
6
Cost leadership in Intermodal rail services due to high depth of value addedin the seaports’ hinterland network with own production systems
High level of automation, cutting-edge handling technology and innovative IT systems
Strong natural catchment area due to favourable geographic location of Hamburg as most easterly North Sea port which makes it the ideal hub for the entire Baltic region and for hinterland traffic to and from CEE
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Critical mass (approx. 40 %) of HHLA’s volumes is O&D cargo bound to the Hamburg area
Company Profile and Strategy
HHLA has a capacity target of 12 million TEU plus in place, well scalable on existing terminal facilities
Key Strengths
Intermodal
O&D cargo
Capacity reserves
Location
Technology
7
Solid financial fundament
Long-term debt profile with low gearing ratio and equity ratio of around 35 %
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Stable positive free cash and liquidity reserves of approx. € 200 million
Income-based dividend distribution policy between 50 and 70 % of the net profit
Generating of an above-average double-digit EBIT margin
Company Profile and Strategy
Continuously earning a premium on long-term capital costs of 10.5 %
Financial Highlights
Cash
Payout ratio
Value
Balance sheet
EBIT margin
8GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Current Challenges IAdjustment to changing sector conditions
Industrialisation of transport chainHigher volumes per call due to growing ship sizes and consolidation processes in shipping industry lead to increased demands on the efficiency of the entire transport chain
Enhancing the quality of handling services by foresighted implementation of state-of-the-art terminal equipment and technology
Automation for more speed, efficiency and reliability in container handling and onward transportation
Expansion of Intermodal network in order to raise the attractiveness of HHLA terminals by excellent hinterland connections
9GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Current Challenges IIAdjustment to changing sector conditions
Overcapacities in industryOngoing excess carrying capacity of the global container ship fleet and further terminal expansion in the North Range despite restrained mid-term growth expectations for container throughput in the North Range
Demand-orientated investment strategy Ship-size related capex almost
completed Capex expected to go down to
maintenance level unless volumes pick up substantially
Investments in terminal expansion scalable / roll-out of new storage blocks in line with growth
Intermodal investments project-based
Expansion of Intermodal network in order to improve location quality as well as to enter into new markets
10
Well-positioned for a successful future development
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Company Profile and Strategy
Objectives and Perspectives
ON CONDITION OF NEAR-TERM DREDGING OF THE RIVER ELBE
Improved earnings power
Financial headroom for future development and attractive dividend policy
Capacity and productivity reserves to be realized with increasing utilisation
Optimising processes and increasing cost efficiency
Potential to outperform North Range container volume growth due to high attractiveness as a “location of choice” for covering CEE
Further gain of market share by Intermodal business
Potential to grow above average
11
Company Profile and Strategy
Business Development
Financial Performance and Outlook
Agenda
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
12GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
GDP Development 2013
World + 3.0 %China + 7.7 %Eurozone - 0.4 %Central/Eastern Europe + 2.5 %Germany + 0.5 %World trade + 2.7 %
Trends and Challenges 2013Business Development
Economic momentum still restrained, competition remains tough
Container Throughput 2013 in the North Range
North Range - 0.5 %
Rotterdam - 2.1 %Hamburg + 4.4 % Bremen/Bremerhaven - 4.7 %Antwerp - 0.7 %
Source: IMF
Source: Drewry
Economic Environment Global economic growth stabilises at a low level
Modest development in HHLA’s key markets (Asia, Central and Eastern Europe)
Global container throughput only slightly growing faster than world economy (Drewry estimate for 2013: growth of 3.3%)
Sector Development Throughput slightly down in the North Range Growing number of ever-larger vessels Idle capacity at ports in the North Range
Hamburg continues to face infrastructural deficits(especially the delay in dredging the river Elbe,temporary restrictions on use of the Kiel Canal)
Only slight increase in European rail freight traffic
13GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Market Positions Significantly ExpandedBusiness Development
Container Throughput HHLA terminals increase throughput
by 4.4 % to 7.5 million TEU Rise in feeder traffic to the Baltic Sea
(+ 8.3 %) and growth in Far East volumes (+ 6.3 %)
HHLA’s market share in the North Range rises to 20.4 %
Container Transport Volume increase of continued
operations by 18.0 % to 1.2 million TEU
Successful expansion of connections offered in Germany, Austria and Switzerland (D.A.CH. strategy)
Connections established with the Polish seaports
Volume gains in a stagnating market environment
14
Company Profile and Strategy
Business Development
Financial Performance and Outlook
Agenda
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
15GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Key FiguresBusiness development distorted by previous year’s realignment effects
Financial Performance and Outlook
* Retrospective restatement of the figures of 2012 resulting from application of IAS 19 R
Adjusted for the one-time effect of the Intermodal realignment in 2012:
- Revenue of continued operations largely in line with volume trend (+ 4.7% y-o-y)
- EBIT decrease considerably lower (- 5.1% y-o-y)
- Net profit after tax and minority interests remains almost flat y-o-y
HHLA Group Subgroup Port Logistics
in € million FY13 FY12* Change FY13 FY12* Change
Revenue 1,155.2 1,128.5 + 2.4 % 1,127.2 1,101.2 + 2.4 %
EBIT 158.0 186.0 - 15.0 % 144.3 172.8 - 16.5 %
Net profit after tax and minority interests 54.3 72.3 - 24.9 % 48.3 66.4 - 27.3 %
ROCE 11.6 13.6 - 2.0 pp – – –
Investments 114.9 196.5 - 41.5 % 101.2 186.5 - 45.7 %
16
117.3 118.8
132.0 139.45.7 %
3.1 %
5.7 %
1.3 %
371.9 393.1
359.9370.9
2012 2013
Operating Expenses
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Personnel expenses
Cost of materials Mainly variable expenses Adjusted increase in line with volume trend Rise especially in the material-intensive
Intermodal segment
Personnel expenses Collective pay increases and additional operational
expenditure for peak load conditions Increase of headcount in the Intermodal segment
as a result of expanded operations
Other operating expenses Higher lease expenses for container-carrying
wagons and locomotives due to higher volumes in the Intermodal segment
Depreciation and amortisation Depreciation expenses on previous year’s level
Cost of materials
Other operating expensesDepreciation and amortisation
Throughput / transport growth: + 4.4% / + 18.0% Total operating expenses: + 4.2%
981.11,022.2in € million
Financial Performance and Outlook
Cost trend largely in line with volume development of continued operations
17
Financial Position
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Financial Performance and Outlook
Resilient financial foundation for a stable pay-out ratio
Equity as of 31.12.2013Free Cash Flow
in € million
2012 2013 2012 2013
Equity ratio in %in € million /
539.8
33.1 %36.3 %
572.9
Free cash flow up € 38.0 million at € 83.6 million
Liquidity reserves of € 199.9 million
45.6
83.6
Equity ratio up by 3.2 pp to 36.3 %
€ 0.65per
ClassA share
€ 0.45*per
ClassA share
68.4 % 65.3 %
Dividend / Payout Ratio
2012 2013
Dividend policy maintained since 2007
70 %
* Dividend proposal
50 %
18
Business Forecast for 2014
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Volumes Container throughput: slight increase on previous year
(2013: 7.5 million TEU) Container transport: moderate increase on previous
year (2013: 1.2 million TEU)
Revenue Slight increase on the previous year’s adjusted figure
(2013 adjusted: approx. € 1,140 million*)
EBIT EBIT in a range of € 138 million to € 158 million
(2013 adjusted: approx. € 154 million*)
Investments Investments in the region of € 160 million
(2013: € 115 million)
Global economy (GDP) 3.7 % Global trade 4.5 % Container throughput, global 4.3 % Container throughput, 1.0 %
Northern Europe Transport volume, Germany 1.9 %
Market Environment Group Performance
Source: IMF, Drewry, Federal Office for Freight Transport
* Due to the revision of IFRS 10 et seq. pro rata consolidation of joint ventures is no longer permitted from 2014 onwards. This change primarily affects the Logistics segment. The previous year’s figures have been adjusted to facilitate comparability.
Uncertainty surrounding the political situation in Ukraine and Russia
Increasing peak loads in all parts of the transport chain
Financial Performance and Outlook
19GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Conclusion
Summary
Competitive vertical integrated business model
Leading market positions
High-quality service and technology level
Strong financial track record and high payout ratio
Favourable geographic location
1
5
4
2
3
20
Appendix
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
21GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Container Segment
Container throughput growth mainly driven by container traffic with Asia and transshipment volume to the Baltic rim
Further rise of volumes and gain of market share in Odessa
Dilutive effect on average revenue per box by additional growth in lower-margin feeder volumes (feeder ratio: 27.8 %)
Lower storage fees due to generally shorter container dwell times
Increasing number of ever-larger vessels led to ongoing additional operational expenses for the handling of peak loads aggravated by nautical restrictions
Productivity potential not realised due to capacity utilisation levels
January to December 2013
1 In thousand TEU
in € million 2013 2012 Change
Container throughput1 7,500 7,183 4.4 %
Revenue 711.7 697.5 2.0 %
EBITDA 225.3 234.6 - 4.0 %
EBITDA margin 31.7 % 33.6 % - 1.9 pp
EBIT 137.0 145.9 - 6.1 %
EBIT margin 19.2 % 20.9 % - 1.7 pp
Segment assets 922.3 933.1 - 1,2 %
Appendix
22
in € million 2013 2012 Change
Container transport2
1,1721,172
1,2139933
- 3.318.03
%%
Revenue 314.5 299.7 4.9 %
EBITDA 43.9 59.5 - 26.2 %
EBITDA margin 13.9 % 19.8 % - 5.9 pp
EBIT 22.8 41.3 - 44.8 %
EBIT margin 7.3 % 13.8 % - 6.5 pp
Segment assets 297.0 284.6 4,4 %
Intermodal Segment
Transport volume based on the new ownership structure increased significantly by 18.0 % from 993 to 1,172 TTEU
Growth of services in the German-speaking areas as well as new rail connections with Polish seaports.
Opening of new hub-terminal in Ceska Trebova
EBIT temporarily burdened by start-up costs for new connections and new hub-terminal
Negative impact on EBIT due to flooding of the rivers Elbe and Danube and obligations from existing traction contracts
Revenue and earnings of continued operations developed positively and were largely in line with volume trend
January to December 2013
1 No impact of Intermodal realignment on first quarter results 2012 2 In thousand TEU 3 Applying the new ownership structure
1
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Appendix
23GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Logistics Segment
Business activities developed diversely in the different areas
Strong increase in EBIT includes a one-off gain of € 5.4 million for the sale of a logistics facility
Most of this one-off gain was used for restructuring measures in project and contract logistics
Adjusted for these items, EBIT was slightly higher than in the previous year.
January to December 2013
in € million 2013 2012 Change
Revenue 91.6 91.9 - 0.3 %
EBITDA 10.2 8.0 26.5 %
EBITDA margin 11.1% 8.8% 2.3 pp
EBIT 7.0 4.3 64.1 %
EBIT margin 7.7 % 4.7 % 3.0 pp
Segment assets 43.9 53.8 -18,4 %
Appendix
24
Challenges for the Logistics Chain are Growing
Record Throughput per CallUp to 12,000 TEU are currently discharged from resp. loaded onto a single vessel
Extreme Pressure on Storage SpaceThis volume is equivalent to over 40 % of the total storage capacity (CTA)
High Demands on Intermodal SystemsVolume is distributed to an average of 12 feeder ships, 60 block trains and approx. 3,000 trucks
Delay of VesselsBurdens caused by pile-up of export containers on the terminals due to substantial delays
Peak loads in throughput and transport become commonplace
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Appendix
25
Development of Alliances in Container Shipping Concentration in the shipping industry substantially increased
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Source: Alphaliner
MaerskMSCCMA CGMGrand Alliance= Hapag-Llyod, OOCL, NYK LineNew World Alliance= APL, MOL, Hyundai“Green Alliance”= Cosco, K Line, Yang Ming, HanjinEvergreenOthers
P3 Network
G6 Alliance
CKYHE
Others
Announced to start in H2/2014*
Formed in 2012
Formed in 2014
2011 2014
Build-up of alliances and cooperationstargeting at- an improvement of load factor and
- a decrease of slot costs
Deployment of largest vessel sizes andfocus on calls at gateway ports (hubs)
Around 90 % of shipping capacity in Far-East – Europe services is
expected to be run by three operators, approx. 47 % by P3.
Capacity breakdown on Far-East – Europe services by shipping line
* Subject to approval by antitrust authorities
For the time being effects for HHLA are not assessable due to pending approvals and limited
visibility on future service structures.
Appendix
26
Storage yard
Illustration of Terminal CapacityThroughput capacity mainly driven by yard utilisation
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Pre- and onwardcarriage
Berth
Ship size development boosts peak load conditions
Dwell time(average, in days)
100 %
Utilisation Capacity
Status quo(2013)
0 %
Economic Optimum
Storage capacity is determined by
volume (per call) and dwell time (in days)
Synchronised shuttle train services depend on a high degree of punctuality of all links of the transport chain
Potential to compensate for delays is limited
Appendix
27GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
BALTIC SEA / EASTERN EUROPE
Dense feeder connections via the
Kiel canal
CENTRAL ANDEASTERN EUROPE
Extensive rail network with own block trains and inland terminals
FAR EAST / ASIAStrong and
long-standing trade relations
Hamburg: interface with network
Hamburg links two of the most important emerging markets in the world economy: Asia and Eastern Europe
Potential to grow above-average
Cost advantages due to central location deep inland
Highly efficient infrastructure with excellent hinterland connections to Central and Eastern Europe
Favourable geographic location of Hamburg currently burdened by frequent restrictions to operations due to pending infrastructure projects, esp. the dredging of the river Elbe
Container throughput 2013 of HHLA by region
Connecting Emerging MarketsFavourable geographical location as most easterly North Sea port
Appendix
28GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
High density of port services along the Northern European coast (“North Range”)
Strongest competition between the major North Range ports, i.e. Hamburg (HHLA’s main hub), Bremen/Bremerhaven (Bremen ports), Rotterdam and Antwerp
Other handling sites are considerably smaller in terms of local freight volume and size of their catchment areas
Container throughput up 4.4 % to 7.5 million TEU outperforming the declining market trend in the North Range (+1.0 %)
HHLA market share in Hamburg approx. 80 % and approx. 20 % in the North Range
Competing Ports of the North RangeContainer throughput and market share in 2013
NORTH SEA
WILHELMSHAVEN<0,1 million TEU (Start: Oct. 2012)
0.2 % market share
ROTTERDAM11.6 million TEU (- 2.1 %)31.0 % market share
ANTWERP8.6 million TEU (- 0.7 %)22.9 % market share
BREMEN/BREMERHAVEN5.8 million TEU (- 4.7 %)
15.6 % market share
HAMBURG9.3 million TEU (+ 4.4 %)
24.7 % market share
KIEL CANAL
DENMARK
GERMANY
NETHERLANDS
BELGIUM
NORTH RANGE PORTS IN TOTAL37.4 million TEU (- 0.9 %)
ZEEBRUGGE2.0 million TEU (3.7 %)5.4 % market share
HHLA (incl. Odessa)7.5 million TEU (+ 4.0 %)
Appendix
29GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Growth in Ship SizesHandling of ultra large container vessels (ULCV) require extra effort
Implications► Nautical restrictions tightened by increasing
number of ULCV because of more width and draught
► Peak load conditions due to narrower time windows require more staff and equipment
► Capex requirements (suitable quay walls, gantry cranes etc.)
Counteraction► Enhancing service quality by continuous
investment in technology and efficiency► Expanding Feeder Logistics Centre (FLZ)
to optimise and accelerate feeder handling► Raising attractiveness of HHLA terminals
by expanding hinterland network
Ship size development at HHLA container terminals
Tripling of ULCV within three years
Source: alphaliner, Dec. 2013
ULCV fleet worldwide and order book until 2015 in service on order
Plus of more than 50 % within three years
Appendix
30
Capacities and Expansion in the North RangeFurther increase of terminal capacities despite overcapacities in the market
NORTH SEA
in million TEU Current capacity
Planned capacity1 in million TEU Current
capacityPlanned
capacity1
Rotterdam 15.5 20.6 Zeebrugge 2.7 3.3
Antwerp 14.5 14.9 Wilhelmshaven 1.0 1.6
Hamburg 14.2 14.5 London Gateway 1.6 1.6
Bremen ports 8.5 8.5 Gdansk 1.0 4.0
NORTH RANGE PORTS
Source: Ocean Shipping Consultants (2012)1 First stage of concrete short-term expansion programmes (2014/2015)
Capacity potential to 2025 in million TEU
56.4
79.0
2013 potential
Capacity development within the North Range in 2014/2015
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Appendix
31GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Short Ways – Less CostsHamburgs location offers cost benefits compared to other Nord Range ports
Appendix
Shanghai <> Hamburg (one-way: ~ 20,375 km)
+ 70 % of costs for about 97 % of total distance
No differentiation in freight rates between North Range ports
Hamburg <> Prague (one-way: ~ 690 km)
+ 30 % of costs for about 3 % of total distance
Clear differentiation between North Range ports
32GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
HHLA in the Port of HamburgAppendix
HHLA CONTAINER TERMINAL
BURCHARDKAI
HHLA CONTAINER TERMINAL
ALTENWERDER
HHLA LOGISTICS
HANSAPORT
HHLA CONTAINER TERMINAL
TOLLERORT
HHLA REAL ESTATE
FISCHMARKT
HHLA REAL ESTATE
SPEICHERSTADT
HHLA LOGISTICS
CRUISE CENTERHHLA LOGISTICS
ÜBERSEE-ZENTRUM
HHLA LOGISTICS
O’SWALDKAI
33GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Container Terminal ActivitiesIllustrative process chain – Container Terminal Altenwerder (CTA)
Appendix
Ship-to-shore crane
Rail-mounted gantries
Truck loading area
Vessel Surface transport by AGV
Container storage area
On-dock rail facility
34GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
IT-based control systemEnables an integrated terminal management in 24/7 shifts
State of CTB Modernisation4 new large ship berths, 8 automated storage blocks (aerial view from late 2012)
Tandem gantry cranesCan handle all sizes of ultra large container vessels up to 18,000 TEU
Container rail head8 tracks, each over 700 mlong, allow completeblock trains
Automatedstorage blocksBoosting capacity with high-density storage system
Appendix
35GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG
Elbe Waterway AdjustmentAdministrative steps by the public authorities in charge
Adjustment of navigation channel
EU statement on council directive“Flora Fauna Habitat”
Finalplan approval
EuropeanCommission
Federal Water and Shipping Authority
Dredging start subject to main proceedings on legal objections
Federal AdministrativeCourt
Enabling a higher load factor, extended time slots and more flexibility for mega carriers
Nov 2011 Apr 2012 Beginning of proceedings 15 July 2014
Initiation ofplan approvalprocess
Sep 2006
Federal Water and Shipping Authority
► Technical planning ► Environmental studies ► Public hearings
City State of Hamburg
&
14.50 m tidal dependent / 13.50 m tidal independent, widening boxes
Appendix
36
14 May 2014Interim Report January-March 2014
19 June 2014Annual General Meeting
14 Aug 2014Interim Report January-June 2014
13 Nov 2014Interim Report January-September 2014
Financial Calendar IR Contact
Phone: +49 40 3088 3100
Fax: +49 40 3088 55 3100
E-mail: [email protected]
Web: www.hhla.de
GS European Small & Mid Cap Symposium - London, 8 May 2014 © Hamburger Hafen und Logistik AG