The Eurokai group increased traffic by just shy of 1 percent in the first nine months of the year, with its Italian terminals posting the strongest growth.
BLG Logistics grew its revenue in 2016 with its automobile, container and logistics sectors all posting higher sales, but the Bremen-based transport group posted a marginally lower operating profit.
German container terminal group Eurogate warned of growing headwinds in the container handling market due to reduced global traffic growth and the forthcoming reshuffle among liner shipping alliances, after it reported increased earnings in 2015.
Contship Italia, Italy’s largest container terminal operator, has signed a strategic memorandum of understanding with Sina Port and Marine, Iran’s biggest port company, to take advantage of moves by the U.S. and the EU to ease sanctions following the nuclear deal with Tehran.
Eurogate boosted container traffic by 4.2 percent in 2014, driven by surging volumes at its Tangier terminal and increased calls by ultra-large ships that consolidated its ranking as Europe’s largest container handler.
Eurogate, Europe’s largest container stevedore, last year handled more than 14 million standard containers for the first time since the global recession in 2008, as a strong performance by its Mediterranean terminals outweighed a decline in its domestic German market.
After more than five years of inertia in the marine terminal business, the industry is beginning to churn. Some investors who spent billions of dollars in the mid-2000s to buy into container terminals want out, while others see this as a good time to invest in the industry.
Contship Italia boosted traffic at its five Italian container terminals by almost one-fifth in 2013, despite a stagnating Italian economy, while its part-owned Moroccan terminal handled more than...
Eurogate, Europe’s largest container stevedore, saw profit shrink 30 percent in 2012 due to start-up costs for Germany’s first deep-sea terminal in the port of Wilhelmshaven and lower investment income.
The official inauguration today of Germany’s first deep-water container terminal, in the Port of Wilhelmshaven, sets the stage for a fierce battle for cargo with the neighboring ports of Bremen/
Eurogate, Europe's largest container terminal operator, increased 2010 net income 28.9 percent from a year ago to $89.3 million, as revenue grew just 1.4 percent to $870 million.
Eurogate, Europe's biggest container terminal operator, boosted 2010 traffic 5.2 percent from a year ago, trailing double digit increases at rival terminals due to lower Hamburg volume and sluggish gr