duisport Group: positive financial statement 2011
Duisburg, 22.03.2012 | Total output in 2011 reaches new record at around 149 million Euros / Container handling sets new record / Record growth in cargo handling of 18 per cent / Stable revenues at high level
The duisport Group achieved total output of around 149 million euros in the last financial year. The result, including sales from strategic investments, was slightly above the previous year’s overall level. Earnings before interest, tax and amortization (EBITDA) stabilized at a high level of 27.8 million euros (previous year 27.7 million euros). Earnings before tax of 10.5 million euros were significantly higher than the previous year’s value of 8.7 million euros, improving by 20 per cent. “The good total output and disproportionately increased total cargo handling impressively prove the dynamic development of the location,” said Erich Staake, Chief Executive Officer of Duisburger Hafen AG, commenting on the result.
Without the pro rata sales from strategic investments, consolidated sales (including changes in inventory) reached 133.1 million euros in 2011 (2010: 130.2 million euros). The business sector infra- and superstructure increased its sales last year from 36.3 million euros to 38.0 million euros. At 49.4 million euros packing logistics was able to complete sales just below the previous year’s level of 50.1 million euros. The sector transshipment and logistics services posted a positive sales development from 42.3 to 44.5 million euros.
Readiness to invest in the Port of Duisburg
The intermodal logistics turntable Duisburg also impressively proved its attractiveness for companies willing to relocate last year.
Thus the duisport Group is currently building an additional logistics complex for Kühne + Nagel on one of the last undeveloped plots in logport I. By the end of July 2012 three halls and one office block will come into being here with a total of 22,000 m² of hall space. Kühne + Nagel is thus expanding its location in the Port of Duisburg to 190,000 m² of hall space and is extending what is its most important distribution location worldwide.
The international logistics company Samskip is expanding its activities in the port together with its subsidiary Van Dieren. The leading European short sea and multimodal operator has already been active in the port for many years and processes its on-ship traffic via the DeCeTe-Terminal. The company has agreed with the duisport Group to build a new CT terminal in Hohenbudberg so that it will also be possible to process the Samskip subsidiary’s rail traffic via Duisburg in future. On a total area of around 100,000 m² this facility will start operations during the course of 2012. This will make it possible for the company located in Chempark Krefeld-Uerdingen (Bayer / Lanxess) to have direct access to the national and international CT network.
The Port of Duisburg is concentrating its acquisition efforts not only on national and international logistics service providers, but also on companies in manufacturing industry.
In Siecop, a subsidiary of the worldwide global player Metal One (Japan), a Japanese steel group is locating in Ruhrort. Currently an administrative building and a roughly 5,500 m² service center for steel processing and distribution are coming into being there on a 22,000 m² plot.
The construction work on a new industrial operation is also starting soon on the Mercatorinsel. The Al-Tuwairqi Group of Companies from Saudi Arabia is setting up the new German headquarters here for its subsidiary, ATG Deutschland GmbH. The steel processing company is locating here on a 27,000 m² plot. It will be an approximately 9,000 m² complex with three crane-equipped bays, making direct ship and rail handling of up to 150,000 tonnes per year possible using in-house cranes over the water. The planned investment volumes amount to around four million euros.
“The variety of customers of the Port of Duisburg is continually growing,” enthused Erich Staake. “With the location of the subsidiary of an important group from Saudi Arabia we are intensifying our customer relationships in the Arab world.”
Successful marketing of space in Duisburg and the region / logport I nearly completely marketed
Overall, dusport was able to market almost 300,000 m2 of space in the Port of Duisburg in 2011. In the joint venture logport ruhr as well as the Rütgers Chemie site on the Rhein-Herne canal among others, the duisport Group is well positioned to offer logistics space at short notice. These areas, which have at least multimodal connections, define the best logistics background conditions. “With our subsidiary Tarlog, a joint venture between the duisport Group and Rütgers Chemie, a first location has already been realized,” said Erich Staake. “In the next 5 years we want to make approximately 200 ha available in the Ruhr region for logistics and industrial location.”
International range of services for growth markets
Developing international activities has gained great significance. “We have to commit ourselves where industrial production is increasingly taking place and where high quality logistics services and consultancy are in demand,” explained Staake.
In this connection duisport only recently submitted a study carried out in 2011 on behalf of the Brazilian government on a comprehensive logistics and infrastructure concept for the Sao Paulo-Santos corridor. This corridor is the main channel for Brazilian goods flows between Santos, the most important port in South America, and the most important industrial region in Brazil. A joint venture with a Brazilian partner for packing logistics is planned.
In China duisport Industrial Packing Services Ltd. – dpl-China – is already offering its German customers packing and logistics services for export and the Chinese domestic market. A subsidiary of dpl GmbH based in Shanghai and Wuxi realizes services and packing services in accordance with European standards throughout China at two locations.
Increase in total handling and record result in container handling
For all Duisburg ports including the private ports, the duisport Group posted increased total cargo handling of 125.6 million t. in 2011. Thus in all ports almost 12 million t more was handled than in 2010.
The duisport Group itself increased handling in its ports by 18 per cent to 64 million t. (previous year: 54 million t) thus achieving a new record. Of this 17 million t (previous year: 14 million t) was due to ship handling. 16 million t (previous year: 14 million t) of cargo was moved by rail. This is equivalent to a plus of 22 per cent in ship and 14 per cent in rail handling.
The most important cargo segment, containers, achieved very pleasing growth of 2.5 million TEU (standard container size). It was possible to increase the high level of the previous year by a further 10 per cent. Thus duisport achieved a new record in 2011. “Of course, reaching this level again in 2012 is our target. But the overall economic situation and the global weakening tendencies will not make it easy for us,” said Erich Staake.
In the period 2012 to 2014 the Port of Duisburg Group is planning to invest around 100 million euros in developing its business. “As before we see very positive perspectives in our logistics business fields and want to grow stronger than the market, as we have up to now,” continued Erich Staake.