HHLA is to introduce a series of measures to minimise the impact of the current credit crunch and global economic downturn on its business.
Some planned investment will not take place, costs will be carefully managed and measures introduced to optimise performance and reduce costs of personnel.
The moves are in response to a reduction in containers being handled and transported and the negative influence that decline will have on the 2009 balance sheet.
However, group chairman Klaus-Dieter Peters stresses that HHLA is committed to its expansion programme in the long-term.
