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Centro Studi Fedespedi Publishes Italian Container Terminal Report For 2019

Centro Studi Fedespedi publishes Italian container terminal report for 2019

Source: Autorita’ di Sistema Portuale del Mare Adriatico
Rome, Italy (PortSEurope) December 22, 2020 – Centro Studi Fedespedi has published its annual “Container terminals in Italy: an economic-financial analysis” report with the aim of analyzing the economic and financial performance of the management companies of the main terminals in 2019. The 12 terminals handled a total of 8.495 million TEU, equal to 78.8% of the Italian total ( 10.770 million TEU), an increase
of +1.4% on 2018. Traffic volume was handled on a total port area of ​​5.1 million m² and using 94 quay cranes. Positive results were recorded in Livorno (+11.6%), Ancona (+10.8%) and Trieste (+10%). On the other hand, Salerno was down (-20.7%).  Genoa, the leading container port at national level, recorded -0.9% at the SECH terminal and + 1.4% at the PSA Genova Pra ‘terminal. For Cagliari (-75.1%), the figure relates to the period of activity January-June 2019 and the sharp contraction recorded is connected to the decision of the shipping company Hapag-Lloyd to move operations to Livorno. With regard to the economic and financial performance of the terminal companies, nine terminals were analyzed as the 2019 financial statements for Cagliari cover only one semester of activity, while those of Gioia Tauro and Ravenna are not yet available. These are the most significant figures: the terminals achieved a total turnover of €590.9 million, with an added value of €316 million and a final result of €74 million euros, equal to 12.5% ​​of turnover. With a homogeneous number of companies, the 2019-2018 report shows a +1% increase in turnover (€590.9 million compared to €585.2 million). The results of the individual ports in terms of turnover follow the results of operating performance: Salerno recorded a -9.1%, while Ancona (+ 3%) and Trieste (+12%) recorded a consistent growth. The exceptions were the Genoese terminals which recorded results of the opposite sign in terms of turnover compared to the TEUs handled: SECH + 5.2% and PSA Genova Pra ‘-2.5%. The Italian language press release can be accessed here. Copyright (C) PortSEurope. All Rights Reserved. 2020.

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