In the first quarter of this year, the growth in container traffic at port terminals that make to the German Eurokai group, a period in which the volumes of 2.93 million TEUs, an increase in the number of by +11.9% over the first three months of 2023 that was produced from the increase in cargo handled both from the German terminals of the group from both Italian terminals and other foreign terminals.

In Germany, the traffic, which is operated by Eurogate, the an equal joint venture with compatriot BLG Logistics, is total result of 1.72 million TEUs (+8.0%), of which 1.12 million TEUs handled in the port of Bremerhaven (+14.3%), 466 thousand TEUs in the port of Hamburg (+1.4%) and 135 thousand TEUs in Wilhelmshaven (-12.7%). In Italy, where Eurokai operates through Contship Italia, which is 66.6% owned by Eurokai and 33.4% from Eurogate, traffic was A total of 376 thousand TEUs (+4.9%), of which 245 thousand TEUs handled in the port of La Spezia (+8.9%), 90 thousand TEUs in the port of Salerno (+5.2%) and 41 thousand TEUs in the port of Ravenna (-14.5%). In addition in the first quarter of this year in the Moroccan port of Tanger Med 735 thousand TEUs were handled (+26.0%) and in the Cypriot area of Limassol 97 thousand TEUs (+18.3%).

Eurokai has announced that the increase in volumes handled has generated quarterly revenue growth in excess of expectations for both Eurogate and Contship Italia, with the latter, which has also benefited from the effects of its Participation in terminal activities carried out in the port by Tanger Med. Eurokai expects both Contship Italia and Eurogate to will close the full year 2024 with profits in line with those of the previous year.