July/August 2020
Tank Containers
BULKDISTRIBUTOR
13
Hoyer’s Deep Sea business unit achieved 3.6 percent turnover
growth and earned 24.5 percent of the group’s overall turnover
Safe entry
guidelines
Hoyer reports higher turnover
Hoyer closed the 2019 fiscal year positively.
for Mexico, before being appointed as a member of the firm’s
The Hamburg-based group increased turnover to €1.177 executive board in 2001.
billion, up from €1.167 billion the previous year. The equity ratio In this function, he was responsible for managing the international
remained at the previous year’s level of 44 percent, while equity subsidiaries until 2011. He took over as chairman in 2012, a position
capital was strengthened by €25 million to €380 million. Earnings he held until March 2020.
before taxes was €38.052 million.
The global market’s economic development moved into a cooling www.hoyer-group.com
phase during 2019, the group said. The chemical industry in
particular showed production volume downturns. Contributions to
turnover came from larger volumes with service station supply
contracts in Great Britain, new business and transport growth in the
gas area, higher turnovers from tank container leasing, and currency
effects in overseas business with a strong US dollar.
Due to the economic slowdown in 2019, Hoyer reduced to €106
million the investments of €173 million planned for the year.
Nonetheless, total investment was above that of the previous two
fiscal years. The funds were used to rejuvenate and modernise the
tank container fleet, to equip with the latest generation of
telematics systems, and for transport equipment replacement and
expansion needs such as road tankers and IBCs.
The investment budget originally planned for 2020 was €146
million. Due to the COVID-19 pandemic, the planning was revised
and expenditure focused on essential strategic projects. Group
chairman Thomas Hoyer explained: “Hoyer will remain one step
ahead, even in times of crisis. The executive board manages
prudently and sustainably. That enables targeted investments even
in economically difficult times.”
This includes investments in a dangerous goods terminal, buildings
and technical installations, further expansion of the Smart Logistics
concept, information technology, international business acquisitions
and joint ventures.
The Hoyer Bulk LLC joint venture with the USA-logistics specialist
Dupré was begun in 2019 to strengthen the overseas business.
According to CEO Ortwin Nast: “Thanks to our global presence and
strong network, we can meet our customers’ regional and
international logistics needs along the supply chain in an optimum
way.”
Total turnover was generated by a total of five business units. The
Chemilog business unit contributed 34.1 percent of total turnover in
the past fiscal year. This business area achieved 0.6 percent higher
turnover compared to the previous year, and exerted a positive
effect on the result through increased capacity utilisation and
greater efficiency.
The Deep Sea business unit, responsible for overseas business,
achieved 3.6 percent turnover growth due to currency exchange
rate effects, and earned a total of 24.5 percent of the group’s
overall turnover.
The Petrolog business unit, which combines mineral oil supply
activities to service stations and airports, aircraft refuelling and
bitumen transport, contributed 22.8 percent of total turnover.
Earnings before taxes in this business area improved significantly,
despite declining turnover. Gaslog recorded turnover growth by
almost 6 percent, and generated 10.7 percent of total turnover.
Development in the transport logistics business with industrial,
chemical and special gases was pleasing, especially in Germany. The
Netlog business unit, responsible for global container management,
technical services such as cleaning and maintenance, and depot
services, contributed a 7.9
percent share of total turnover.
This business area again
increased turnover by 6
percent.
• Hans-Christian Sievers,
formerly chairman of Helm
AG, is joining the Advisory
Board of Hoyer.
ForT Vale.
Sievers brings expertise
Follow The leader.
from the chemicals sector. He
Visit us at www.fortvale.com
started his career at Helm and
rose from product manager to
Hans-Christian Sievers
managing director responsible
ITCO’s latest Technical Guidelines document is Safe Entry
into a Tank Container.
The document provides guidance for ITCO member companies
engaging in activities that require personnel to enter the interior of
a tank for purposes such as inspection and maintenance. Tank entry
presents inherent risks which need to be managed by implementing
a safe entry process.
Where possible, process changes should be introduced to permit
tasks to be carried out without entering the tank - for example, by
viewing the interior from the man-way or by the use of CCTV.
However, when personnel are required to enter a tank, appropriate
safety procedures should be in place to minimise the risk. These are
provided in the new Guidelines.
These guidelines (TG05) complement a number of others
published by ITCO, such as the recent TG04 Guidance for working
on top of a Tank Container.
www.itco.org
ToTal conTrol.
aT all Times.
The Fort Vale 2”BSP to 2.5”BSP Blower Relief Valve. Used primarily in Bulk Powder, Waste and
Vacuum tankers, is a safety valve that functions within the system.
The current design is robust and effective, and has been running on tanks for more than a year
(with no signs of self-destruction) - meaning fewer replacements - making the product more
cost effective.
With a quick ‘pop’ design to relieve pressure instantly, other improvements mean less vibration
and less wear. Seals are easy to change, and use standard O rings.
Successful and profitable tank operation relies upon the technical integrity of each and every
component. We ensure precision throughout so that you can rely on the performance of our
valves and your tanks.
®