Eurogate handling volumes remain stable

Despite a promising first six months in 2016, in the second-half of the year, the turbulences in the shipping industry impacted on the total handling volume of the EUROGATE group.

Overall, container handling volumes at all eleven EUROGATE Group locations totalled 14.6m teu. At its German terminals, the Group handled 8.2m teu altogether.

EUROGATE Container Terminal Wilhelmshaven reached 481,720 teu, representing a growth rate of 12.9%.

The Bremerhaven container terminals together recorded a throughput of 5.5m teu, while the figure for EUROGATE Container Terminal Hamburg stood at 2.3m teu.

Shipping company takeovers and the insolvency of Korean Hanjin Shipping led to a realignment within the major alliances in 2016.

Against this background, the Group was confident that 2017 would be an “outstanding year”.

Michael Black, chairman of the EUROGATE Group Management Board, said: “We are looking expectantly and confidently ahead to 2017, a year that will bring many changes. The shipping lines have formed new alliances. We view this optimistically. For with its three North German terminals, EUROGATE is excellently positioned to meet the requirements of the major shipping alliances and their mega container ships.

“This is not only key for the company, but for the entire North German coastal region. Our goal is clear: to successfully position ourselves in this intensely competitive environment.”