1999: foundation of EUROGATE
In the mid-1990s the global container shipping lines form an increasing number of alliances. This development necessitates strategic rethinking on the part of container terminal operators. Following many years of negotiating between EUROKAI (Hamburg) and the BLG Logistics Group (Bremen) the two companies consolidate their container activities. EUROGATE was founded, giving rise to Germany’s biggest container terminal group. As part of the negotiations, EUROKAI brings 33.4 percent of the shares in Italy’s biggest container terminal operator Contship Italia into the newly established company.