What's happening in Europe ?

 

Europe Trade Specialists 

 

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Worldex Logistics Qingdao Co., Ltd.

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Jaguar Freight Services

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J.E.T International Air Cargo (ShenZhen) Co., Ltd.

Fast and reliable supply chain solutions for your air and
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High hopes for Wilhelmshaven terminal amidst Europe gloom

 


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Looking to the group's wider business activities, which span the breadth of Europe, and extend even into North Africa, Mr Egger admits that talk in the liner industry of consolidation going forward could have an impact on Eurogate's business.

"The good thing for us is that we do have all of the top 25 shipping lines as our customers. We don't have them in each of our facilities, but we have all of them at least somewhere," he said.

This at least saves them, to some degree, from having business pulled away because of a new alliance or a business merger between a shipping line that doesn't call at its facilities with one of its existing customers.

Another advantage Eurogate possesses is that it is not just a terminal operator¡Xa fact that Mr Egger argues will make its Wilhelmshaven project even more successful.

"We are not only providing the terminal operation, but also additional supplementary services. We are running our own intermodal systems. We are the biggest private German rail operator. So we are connecting our terminals, our ports to the hinterland, to the eastern European region, to the Italian and German industrial regions," he said.

Eurogate is also a great advocate of the need for partnerships with the lines and other supply chain operators¡Xsomething that the likes of Maersk has greatly emphasised in recent years.

In fact Eurogate is working with Maersk at a number of its terminals, including Wilhelmshaven, as well as Geneva-based shipping giant MSC.

Looking to the full year result for 2012, Mr Egger said he expects that volumes were more in line with the previous year's final figures across all terminals, but he expects reasonable growth at some facilities, including Bremerhaven.

"We are quite confident and quite happy with the actual development. Although let's say the total economy is slower and there are more challenges to come," he said.

For the time being, however, the greatest challenge for the terminal operator is to ensure that all of the natural advantages of its newest terminal are leveraged into making it the success that Eurogate and its fellow investors believe it can be, particularly in light of the influx of ultra large containerships going forward.

"We are going to show that our facility in Wilhelmshaven will be the one [that] can provide excellent services for these strong peaks that we're going to face with the bigger vessels. We're going to have the Triple-E class from Maersk Line from July and this will be the next step into the next generation," he said.

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With more and more terminal capacity coming online
throughout Europe is there an oversupply of terminals there,
or do you believe the various expansions at existing terminals
and the opening of new ones such as Wilhelmshaven are
necessary? Explain?
 

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