Independent journal on economy and transport policy
18:25 GMT+1
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Container traffic at Eurokai's port terminals fell by -14.1% in the second quarter
Traffic in the Italian terminals of Contship Italia was 366 thousand teu, with a decrease of -28.1% (down -24.7% net of the volumes moved to Gioia Tauro and Cagliari)
September 29, 2020
Eurokai operates container terminals in Germany through the Eurogate, of which it owns 50% of the capital and containers terminals in Italy through the subsidiary Contship Italia holds 66.6% of the capital as well as container terminals in other nations through the two participants.
In the April-June period of this year, the German terminals of the 1.75 million teu (-9.9%), 1.15 million of which were handled in the port of Bremerhaven (-7.6%), 481 thousand in the port of Hamburg (-10.7%) and 117,000 teu in the port of Wilhelmshaven (-25.6%).
The traffic that was handled in the Italian port terminals of Contship Italia was equal to 366 thousand teu, with a decrease of -28.1% in the second quarter of 2019 (decrease in -24.7% excluding the volumes that were handled last year in the ports of Gioia Tauro and Cagliari). In the port of La Spezia alone, 220,000 teu (-35.5%), in the port of Salerno 103 thousand teu (5.8%) and in the port of Ravenna 43 thousand teu (-10.1%).
The group's other foreign terminals have moved 463 thousand teu (-15.9%), of which 344 thousand teu in the Moroccan port of Tanger Med (-11.7%), 92,000 teu in the Cypriot port of Limassol (-13.5%), 14,000 teu in the port Lisbon (-64.3%) and 12,000 teu in the Russian port of Ust-Luga (-12.1%).
In the first half of 2020, the Eurokai Group recorded revenues of 95.3 million euros, a decrease of -36.2% on early last year. Operating profit 17.4 million euros (-69.5%) net profit at 3.5 million (-93.2%).
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