HHLA invests in Trieste
(Posted on 02/10/20)
The Hamburger Hafen und Logistik AG (HHLA) is taking a majority stake of 50.01 percent in the multi-function terminal “Piattaforma Logistica Trieste” (PLT) in the Italian seaport of Trieste. An agreement was signed on 28 September. The investment will be allocated contractually and organisationally to HHLA International GmbH. With this investment, HHLA is positioning itself in a growing market on the Adriatic whose strategic position offers great opportunities for development. This will be HHLA’s third participation in a port outside Hamburg after Odessa (Ukraine) and Tallinn (Estonia).
Angela Titzrath, Chairwoman of HHLA’s Executive Board: “The Adriatic region has been developing very dynamically in the past few years. As the northernmost port in the Mediterranean, Trieste is the southern gateway to Central and Eastern Europe. The investment is a strategic expansion to our existing port and intermodal network. The terminal gives us the opportunity to actively participate in and help shape new and changing cargo flows and underline our ambitions to grow internationally. At the same time, we will continue to enhance our terminals in Hamburg by investing in facilities and technology. We are a Hamburg company, at home in Europe and operating globally.”
Francesco Parisi, Chairman of PLT's Executive Board: “HHLA's participation strengthens the growth prospects of PLT and of the entire Port of Trieste. Our development strategy in the direction of Central and Eastern Europe fits in with HHLA's orientation. The position of the new partners confirms us in the development of the terminal expansion we are pushing ahead with.”
The terminal facilities are within the Free Port of Trieste and take up a total area of 28 hectares. In the northern part of the facilities, mainly general cargo transports and logistic services are being handled. The new heart of the terminal is emerging in the southern part: the newly developed area will start operations in the first quarter of 2021 and is designed to handle container and RoRo traffic. There is also the option to significantly expand terminal capacity through additional adjacent areas.
The strategically relevant position of the Port of Trieste on the Adriatic also allows for excellent development opportunities in hinterland transport. The PLT terminal has its own rail connection. The HHLA rail subsidiary Metrans already connects the Port of Trieste with its European intermodal network.
The transaction is subject to various conditions precedent and is expected to close in January 2021.
Latest News
Antwerp-Bruges stands firm as geopolitical forces reshape trade flows
(Posted on 16/07/26)In the first half of 2026, Port of Antwerp-Bruges handled 133.9 million tonnes of maritime cargo, a... Read more
PD Ports announce Paul Foreman as new CEO
(Posted on 16/07/26)PD Ports, one of the UK’s major port and logistics businesses, announced today that Paul Foreman... Read more
New San Diego bulk sugar import facility to use only electric trucks
(Posted on 03/07/26)The Port of San Diego Board of Port Commissioners has approved an Option to Lease Agreement and authorised... Read more
Expanded partnership through bulk infrastructure development at Khalifa Port
(Posted on 30/06/26)AD Ports Group, an Abu Dhabi based, leading global enabler of integrated trade, industry and logistics... Read more
Port of Hamburg strengthens partnership with China
(Posted on 29/06/26)The Hamburg Port Authority (HPA) and SPG Qingdao Port Group have signed a Port Partnership Agreement... Read more
Contract awarded for Pilbara Ports Zone 5 Bypass Channel
(Posted on 29/06/26)The Cook Labor Government in Australia has welcomed the award of a dredging contract to Jan De Nul ... Read more
Netherlands Parliamentary rules out Maasvlakte II as location for new nuclear power plants
(Posted on 29/06/26)A parliamentary letter in the Netherlands on the selection of a site for the construction of two new... Read more
SSAB’s port operations in Raahe develop safety together with ESL Shipping
(Posted on 25/06/26)The long-term safety cooperation between ESL Shipping and the port of SSAB’s Raahe site is visible... Read more
Liverpool sees 200% rise in fertiliser imports interest amid ongoing uncertainty
(Posted on 22/06/26)The Port of Liverpool is experiencing a surge in demand from fertiliser importers as continued uncertainty... Read more
PD Ports strengthens Teesport bulk handling with £5.4m crane investment
(Posted on 18/06/26)PD Ports has further strengthened its bulk handling capability at Teesport with the arrival of... Read more
