EUROGATE throughput falls 2% in 2015

The container terminal operator handled 14.5 million TEUs at its terminals in 2015, a 2 percent decline from 2014.    The EUROGATE Group handled 14.5 million TEUs at its terminals in 2015, a 2 percent decline from 2014, the container terminal operator said.
   Overall, EUROGATE operates terminals at 11 different ports, according to the company’s website. EUROGATE operates one terminal each at these ports, except for at the Port of Bremerhaven, where the company operates three terminals, two of which are joint ventures.
   EUROGATE’s German terminal’s combined, located in Hamburg and Wilhelmshaven in addition to Bremerhaven, handled 8.2 million TEUs in 2015, a 1.5 percent year-over-year increase.
   In Wilhelmshaven, EUROGATE’s terminal throughput skyrocketed 536.2 percent from 2014 to 426,751 TEUs. The company’s volumes in Hamburg inched up 0.5 percent year-over-year to 2.3 million TEUs, while its volumes in Bremerhaven dropped 4.3 percent year-over-year to 5.5 million TEUs.
   EUROGATE’s terminals in Italy handled 4.8 million TEUs in 2015, a 5.5 percent decline from 2014. In Italy, the company operates terminals in La Spezia, Gioia Tauro, Cagliari, Ravenna and Salerno.
   In Tangier, Morocco, EUROGATE’s volumes totaled 1.2 million TEUs in 2015, while in Ust-Luga, Russia its volumes reached 85,871 TEUs, a year-over-year decline of 9.1 percent and 17 percent, respectively.
   However, at the company’s terminal in Lisbon, Portugal, volumes rose 5.6 percent from 2014 to 207,317 TEUs.
   “EUROGATE handled over 200 container vessels >18,000 TEUs at its North Sea terminals in 2015. Our container terminals are predestined to handle the new megacarriers, something our customers have in the meantime recognised as well. This has enabled us to stand our ground against the market trend, EUROGATE Group Management Board Chairman Emanuel Schiffer said in a statement. “The market environment continues to be challenging and is characterised by overcapacities and weakening global demand, triggered by the slump in Chinese Export trade. For 2016, we are again anticipating a difficult year.”