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Port operators HHLA and Eurogate stay on course with container throughput

The two largest German port service providers, HHLA and Eurogate, have reported an increase in container throughput in the first nine months of this year. Volumes at one of Eurogate's three German locations have even risen by 40 per cent compared to the same period last year.

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19.11.2024

Hamburger Hafen und Logistik AG (HHLA) reports a 0.9 per cent increase in container throughput at the HHLA container terminals, rising to 4.49 million standard containers (TEU) compared to the same period last year (previous year: 4.45 million TEU).

At the Hamburg container terminals, throughput was almost on par with the previous year, increasing by 0.2 per cent to 4.29 million TEU (previous year: 4.28 million TEU). While volumes in the Far East and Middle East trade lanes declined in overseas traffic, volumes for the North and South America trade lanes, particularly to the United States, increased significantly. This was announced by the port and logistics group on 14 November.

Additionally, cargo volumes with other European deep-sea ports developed positively against the backdrop of temporary route changes due to the military conflict in the Red Sea.

In addition to Swedish and Polish feeder traffic, container handling from Lithuania and within Germany, in particular, recorded a strong increase in feeder traffic volumes. In contrast, Finnish and Danish cargo volumes declined. The feeder share of waterside handling was 19.0 per cent (previous year: 18.4 per cent).

Container throughput also increases at international HHLA locations

According to Group information, the international container terminals HHLA TK Estonia and CT Odessa also recorded a strong increase in throughput volume, rising by 20.2 per cent to 203 thousand TEU (previous year: 169 thousand TEU). This was driven by strong volume growth at the multifunctional terminal HHLA TK Estonia and the resumption of waterside handling at the Container Terminal Odessa in the third quarter of 2024.

Eurogate: Wilhelmshaven drives throughput result

Container throughput also increased at the three German locations of port operator Eurogate. In particular, volumes increased in Wilhelmshaven in the first nine months. Throughput totalled just under 580,000 TEU, an increase of 40 per cent compared to the same period last year.

The Eurogate terminal in Hamburg saw an increase of 1.8 per cent compared to the same period last year, while almost 10 per cent more containers were handled in Bremerhaven.

Location

Jan – Sept 2024

(in TEU)

Jan – Sep 2023

(in TEU)

Change
Hamburg 1.428.495   1.403.550 +1,8 %
Bremerhaven 3.350.240  3.056.423 +9,6 %
Wilhelmshaven 579.967  412.634 +40,6 %
Total Germany 5.358.702  4.872.607 +10,0 %

Source: Eurokai-Holding

Locations in Italy with mixed results

Volumes did not increase at all three locations in Italy of HHLA’s competitor Eurogate in the first nine months.

Location

Jan – Sept 2024

(in TEU)

Jan – Sep 2023

(in TEU)

Change
La Spezia  818.336 736.497 +11,1 %
Salerno 263.545 255.746 +3,0 %
Ravenna 133.839 145.515 -8,0 %
Total Italy 1.215.720 1.137.758 +6,9 %

Significant increase internationally

Eurogate’s international terminals also performed better, according to Eurokai Holding, which holds a 50 per cent stake in the port operator. Accordingly, the two Eurogate locations in Morocco and Cyprus recorded significant growth.

Location

Jan – Sept 2024

(in TEU)

Jan – Sep 2023

(in TEU)

Change
Tangier (Morocco) 2.220.608 1.973.574 +12,5 %
Limassol (Cyprus) 330.914 279.529 +18,4 %
Total 2.551.522 2.253.103 +13,2 %

 

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