Decided rise of the economic performances of the terminalista group Eurogate



In the 2011 economic results of the terminalista group German Eurogate they have recorded a decided rise and the exercise anniversary has been archived item with a profit clearly of 78,0 million euros on revenues for 656,8 million euros, with increments respective of 26.6% and 9.6% on 2010. The EBITDA is piled to 173,0 million euros (+10.0%) and the profit before taxes to 82,8 million euros (+23.2%).

In the 2011 German group it has carried out investments for 79 million euros, in great part addressed to the preparation of the new container terminal of Wilhelmshaven, regarding 24 million euros in the year precedence.

Last year the operated harbour terminals from the group have enlivened altogether a traffic of the container pairs to 13.286.054 teu, with a progression of 5.2% regarding 2010. Emphasized it has been the increase of the traffic in the terminals of the German ports, where a total of 7.954.762 teu (+13.8%), of which 5.900.341 teu to Bremerhaven (+21.1%) and 2.054.421 teu is enlivened to Amburgo (- 3.1%). In increase also the traffic in the terminal of the portuguese port of Lisbon, that it has enlivened 244,002 teu (+5.8%), and in the Moroccan port of Tanger Med, where the consortium Eurogate Tanger, participated from Eurogate with the participated Contship Italy and shipowning societies MSC, CMA CGM and Comanav, has enlivened 844,007 teu (+24.0%). In bending, instead, the containerized trade enlivened in the Italian terminals from Contship Italy (33% Eurogate - 67% Eurokai), than have been attested altogether to 4.243.283 teu (- 10.2%), of which 2.264.798 teu in the port of Gioia Tauro (- 18.8%), 1.069.274 teu in the port of (+2.7%), 539,840 teu in the port of Cagliari (- 2.3%), 198,410 teu in the port of Ravenna (+14.0%) and 170,961 teu in the port of Salerno (- 0.3%). The decrease of 18.8% to the Medcenter Container Terminal (MCT) of the port of Gioia Tauro is determined by the abandonment of the port of call calabro by the ships of the Danish Maersk Line, world leader of the containerized marine transport. Contship Italy has reacted to this defection having strengthened the relationships with group MSC: according to world-wide operator: at the beginning of this year, in fact, the society has yielded 50% of its participation in CSM Italy-Gate Spa, that it possesses 66.7% of the capital stock of MCT, to the Terminal Investment Ltd. (TIL) of group MSC ( on 17 January 2012).

Introducing today the results of the exercise the 2011 president of the German group, Thomas Eckelmann, has emphasized that "in the 2011 Eurogate he has obtained an optimal operating result that, in consideration of the situation of the market, has exceeded all the expectations". "The evolution of the price of the oil and the decrease of the marine hires - it has observed Eckelmann - has done so as that the navigation companies have had to support of the losses although the increase of the transported volumes of container". The president of Eurogate has found that "in the near future the changes in existence in the structures of the containerized services of line could have consequences for the container terminal. Since also the impact of the crisis of the debit of the single nations on the world-wide economy is difficult to preview - it has added - we continues to live in the perspective of an uncertain future".

However Eckelmann has emphasized that "Eurogate is in a solid position in order to face the challenges. With the start of the activity of Eurogate Container Terminal Wilhelmshaven, the only terminal for container in deep waters of Germany (that the next August will become operating, ndr) - he has explained - we will contribute to assure the economic future of Germany which center of the marine business. Ill-fatedly to Bremerhaven and Amburgo we are still waiting for the dredging of the navigation channels of Elba and the Weser. There is also the urgent necessity to assume initiatives in order to upgrade the connections with the outback, as for example through projects which the construction of the freeway A20, so-called "Y-Draw" between Amburgo, Bremen and Hanover and the highway connection for the port of Amburgo".