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23 October 2021 The on-line newspaper devoted to the world of transports 15:52 GMT+2

September 29, 2021

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In the second quarter of this year, container traffic in the port terminals of Eurokai has grown of +20.7%

In the Italian terminals of Contship Italia the increase is status of +30.0%. The new container terminal in Damietta will have a capacity of 3.3 million teu

Archived three semesters of accentuated decline in the economic performance, in the first half of this year the German terminalist group Eurokai recorded a significant increase in the values of the main items of the financial statements half-yearly thanks also to the comparison with the first six months of the 2020 when the impact of the effects was most blamed of the Covid-19 pandemic. In the first six months of 2021 the tour Eurokai's business amounted to EUR 117.2 million, in growth of +22.9% on the same period last year. More contained the increase in costs which amounted to 92.2 million of euros (+12.0%). Operating profit was EUR 30.1 million of euros (+73.3%) and net profit of 32.2 million euros (+814.9%).

The increase in revenues was substantially contributed by the increase in the volumes of containerized cargo handled by port terminals of the German group, which in the first six months of this year they were pairs to 6,25 million teu (+19.0%).

In the second quarter of 2021 alone, containerized traffic enlivened amounted to 3.11 million teu, with a progression of +20.7% on the period April-June last year. Traffic in German ports alone amounted to 1.98 million teu (+12.9%), of which 1,26 million teu in the port of Bremerhaven (+9.2%), 548 thousand teu in the port of Hamburg (+14.0%) and 168 thousand teu in the port of Wilhelmshaven (+44.5%). Very much supported the growth in the Group's Italian port terminals that are operated by Contship Italia, of which Eurokai directly owns and indirectly 83.3% of the capital: the total traffic is state of 476 thousand teu (+30.0%), of which 346 thousand teu enlivened in the port of La Spezia (+57.6%), 47 thousand teu in the port of Ravenna (+9.5%) and 83 thousand teu in the port of Salerno (-20.0%). Other terminals foreign eurokai group have enlivened globally 661 thousand teu (+42.9%), including 512 thousand teu enlivened in the Moroccan port of Tanger Med (+48.8%), 114 thousand teu in the Cypriot port of Limassol (+23.9%), 29 thousand teu in the Portuguese port of Lisbon (+101.4%) and 7 thousand teu in the Russian port of Ust-Luga (-46.6%).

On the occasion of today's presentation of the results achieved in the first half of this year, the Eurokai Group has announced that the new container terminal in the Egyptian port of Damietta for whose management Contship Italia are in negotiations together with Eurogate, of which Eurokai holds 50% of the capital ( of 13 September 2019), also sees as a third partner a primary international containerized shipping company of which it is not the name has been revealed. Eurokai specified that the contract of concession will have a duration of 30 years and the terminal, when will be fully operational, will have a capacity of annual traffic equal to 3.3 million teu and depth of the bottom of -18 meters.

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