HHLA takes over Muuga CT
Hamburger Hafen und Logistik (HHLA) has acquired the Estonian terminal operator Transiidikeskuse and together with it the control over the Muuga Container Terminal.
The 600k TEU of annual handling capacity facility in Muuga offers four 12.5-14.5 m deep quays with a total length of 1,094 m. There are 404 reefer plugs on the site.
The 38 ha big terminal is equipped with three ship-to-shore cranes, one rail-mounted and six rubber-tyred gantries, nine reachstackers, and 11 shuttle carriers.
Apart from containerised freight, also wheeled cargo (ro-ro), break-bulk, and dry bulk goods are handled at the terminal.
"Estonia is one of the fastest-growing economies in Europe and a pioneer when it comes to digitisation. We are therefore pleased to be integrating Transiidikeskuse AS - already a profitable and high-performing company - into the HHLA family," Angela Titzrath, Chairwoman, HHLA's Executive Board, commented.
She also said, "One of HHLA's targets is to grow internationally. The successful conclusion of this contract shows that we are doing just that. The acquisition enables us to enter a promising regional market that offers growth potential as a result of its geographic position and its link to the New Silk Road."