In the third quarter of this year, the growth in container traffic in port terminals that make part of the German Eurokai network, a positive trend that has shown an accentuation in the group's German terminals, while eased slightly in the Italian terminals and recorded a more significant moderation in the other terminals port workers of the group.

Overall, in the period July-September 2024, the traffic amounted to 3.11 million TEUs, with a An increase of +9.9% compared to the same quarter of the previous year year. In Germany, traffic was 1.87 million TEUs (+13.6%), of which 1.10 million TEUs handled in the port of Bremerhaven (+3.1%), 483 thousand TEUs in the port of Hamburg (+6.2%) and a Record traffic of 282 thousand TEUs was handled in the port of Wilhelmshaven (+136.6%). In Italy, the total traffic is state of 393 thousand TEUs (+6.8%), including 273 thousand TEUs handled in the port of La Spezia (+9.7%), 81 thousand TEUs in the port of Salerno (+4.9%) and 39 thousand TEUs in the port of Ravenna (-7.1%). In addition, 737 thousand TEUs handled in the Moroccan port of Tanger Med (+2.9%) and 110 thousand TEUs in the Cypriot port of Limassol (+12.0%).

In the first nine months of 2024, traffic in Germany where Eurokai operates port terminals through Eurogate, joint venture 50:50 venture between Eurokai and compatriot BLG Logistics, is amounted to 5.36 million TEUs, up +10.0% on the previous year. corresponding period of 2023, of which 3.35 million TEUs handled in Bremerhaven (+9.6%), 1.43 million TEUs in the port of Hamburg (+1.8%) and 580 thousand TEUs in Wilhelmshaven (+40.6%). In Italy, where the German group is present through Contship Italia which is 66.6% owned by Eurokai and 33.4% by Eurogate, A total of 1.22 million TEUs (+6.9%) were handled, of which 818 thousand in La Spezia (+11.1%), 263 thousand in Salerno (+3.0%) and 134 thousand in Ravenna (-8.0%). Traffic in Tanger Med totaled 2.22 million TEUs (+12.5%) and in Limassol 331 thousand TEUs (+18.4%).

Eurokai announced that, in view of the increase in the traffic in the port of La Spezia, a significant increase in Contship Italia's contribution to net profit consolidated of the group, a positive contribution that is expected also from Eurogate following the increase in containerized volumes in Germany.

Meanwhile, work continues on the completion of the container terminal in the Egyptian port of Damietta that will be operated by the Damietta Alliance Container Terminal, the consortium participated in Eurogate and Contship Italia, with both shares of 29.5% of the capital, by the German shipping company Hapag-Lloyd with the 39% and the Egyptian Middle East Logistics & Consultants Group (1%) and Ship & C.R.E.W. Egypt (1%). Eurokai announced today that the first elements of the main cranes intended to equip the terminals have already been taken over, but at the moment - has specified the German group - "It cannot be ruled out a slight delay in the start of operations, which in reality is expected for the beginning of April 2025".