THE POWERPOINT PRESENTATION

Promoting the Italian Port System
Port Terminals & Retro Ports AreasFebruary 24TH , 2021

INDEXITALIAN PORT SYSTEMSTATISTICS; FINANCIAL PERFORMANCEI O
N P
V P
E O
S RT T
M UE NN I
T TIESREADY TO GO TERMINAL & RETRO PORT AREAS
PORT OF CAGLIARINEW DEVELOPMENTS
PORT OF LEGHORN; PORT OF RAVENNAOTHER TERMINALPORT OF BRINDISIThe Italian Ports•57 ports of national relevance in Italy, overseen by 16 Port Authorities (AdSP); over8.000 km of coastline.

•Port Authorities are public entities in chargeof managing the state owned Port territory.
most of their income comes from the fees ofthe concessions of the port spaces.

•Overall turnover from the management of port
activities: €1.1 billion in 2019.

•Ports play a key role in the management ofgoods entering and leaving Italy: 55.4% ofimports and 41% of exports use the maritime
connection (Source: ISTAT, 2019 figures).
3

Italian Ports Main Statistics

107 MLN TONS

238 MLN TONS

490 MLN
TONS

RO-RO TRAFFIC

DRY & LIQUID BULKSECTOROF GOODSHANDLED

16 PORT
NETWORKAUTHORITES
56 MLNPASSENGERSITALY RANKS
1° IN SSS INMED€ 253 BLNMARITIMEIMPORT-EXPORT

4Source: Assoporti 2019; Italian Maritime Economy 2019

Italian Ports System in Europe & MED Context
SSS Transported Goods in Europe (mln tonns)

400
300
200
1000

SSS in the MED (mln tonns)

ITALY
246
41%
Italy

HollandSpainFranceGermany

Source: European Sea Ports Organization (ESPO) based on Eurostat data

SPAIN
105
17%

GREECE
8614%

FR5910%BE OTHER
7430
5% 12%

Which are the Most Important Ports in Italy &Which Goods do they Handle?

1°
TRAFFIC %Liquid Bulk

Dry Bulk

Container

RoRo

Other

2°3°
Other4%
RoRo
21%

Container
23%

Liquid Bulk
38%

Dry Bulk
14%

Source: Contship elaboration on Assoporti Data 2019

Covid-19 Effects
In all the main TRAFFIC
segments there
was a decrease TOTAL PORTS MOVEMENTS
in volumes, BUT
thecontainer
traffic held up TOTAL TEU MOVEMENTS
well:

2019

2020

%VAR

490

441

-10,7%

10,7

10,5-0,9%

Genova2.600.000

2.300.000-10%Gioia Tauro3.190.000

2.052.000+26%

La Spezia

1.490.000

1.200.000-15%

Trieste688.648687.921-1%Livorno789.00700.00-12%

Civitavecchia

112.249

106.305-5%

Ravenna

183.000

170.000-12%

Savona - Vado

54.542160.000+193%

Napoli

1.091.000

1.021.000-3%TEU PER SINGLE PORT:

Source: Covid-19 Impact, Fedespedi 2020

Private foreign investors in Italian ContainerTerminals (CT)•

Savona – Vado CT (50,1%)•

Voltri Terminal Europe-Sech in Genoa•

Vecon Terminal in Venice•

La Spezia Container Terminal•

Medcenter Container Terminal in Gioia Tauro•

Lorenzini Terminal, in Leghorn•

Roma Container Terminal, in Civitavecchia•

Conateco, in Naples•

Adriatic Container Terminal, in Ancona•

Terminal Intermodale Venezia, in Venice•

Trieste Maritime Terminal, in Trieste•

Calata Bettolo Terminal, in Genoa•

La Spezia Container Terminal•

Ravenna Container Terminal•

Salerno Container Terminal

INFRACAPITAL (UK)INFRAVIA (FRANCE)•Leghorn Terminal Darsena Toscana

YILPORT (TURKEY)•San Cataldo Terminal, in Taranto

HAMBURGER HAFEN UND LOGISTIK AG (GERMANY)•Logistics Platform, Trieste

MAERSK GROUP(DENMARK))
PORT OF SINGAPORE AUTHORITY

MEDITERRANEAN SHIPPING COMPANY(MSC - SVITZERLAND)CONTSHIP ITALIA –EUROGATE/EUROKAI (GERMANY)

Economic Performance of Italian Ports
SOCIETY

TOTAL
Total
turnover turnover% VAR
20182019
2018/2019(x’000 €) (x’000€)

VALUE
ADDED
(x’000€)EBITDA(x’000€)EBIT(x’000€)FINAL
RESULT(x’000€)EMPLOYEESVTE-GE

170.290166.049-2,5%88.98945.78928.77125.683655

LSCT-SP

166.778161.628-3,1%

98.59261.74050.33233.041621

MCT-RC83.818

n.d.

n.d.

n.d.

n.d.

n.d.

n.d.

n.d.

TMT-TS

68.36376.551

12,0%24.144

9.127

6.578

4.272

295

TDT-LI

48.83149.9522,3%26.708

7.718

4.266

3.315

295

CON -NA 38.563

41.9128,7%22.232

6.902

1.643

76

n.d.

SECH-GE 33.993

35.7725,2%20.798

3.917

60

192

238

VCT-VE

28.36929.7905,0%19.20912.310

9.026

6.112

83

TCR-RA

21.097

n.d.

n.d.

n.d.

n.d.

n.d.

n.d.

n.d.

CICT-CA

15.071

n.d.

n.d.

n.d.

n.d.

n.d.

n.d.

n.d.

ACT-AN

6.374

7.843

23,0%

2.394

1.338

1.182

839

18SCT-SA23.620

21.460-9,1%13.2373.074

970

586205TOTAL

705.167590.957

1,0%316.303151.915102.77174.116

2.410

Source: Fedespedi Container terminals analysis 2019

INDEXITALIAN PORT SYSTEMSTATISTICS; FINANCIAL PERFORMANCE
I O
N P
V P
E O
S R
T T
M U
E N
N I
T T
I
E
S

READY TO GO TERMINAL & RETRO PORT AREAS
PORT OF CAGLIARINEW DEVELOPMENTS
PORT OF LEGHORN; PORT OF RAVENNAOTHER TERMINALPORT OF BRINDISIPort & Port Areas Investment Opportunities
The State manages the major ports throughdedicated Public bodies – the Port NetworkAuthorities. This means that the Port Authorities
have the right to temporarily transfer portions ofthe port territory, equipped or not, to private
subjects against payment of a concession fee.

PROJECT FINANCING – PRIVATE PROPOSER• 3 steps

PPP SCHEME:• Private operator presents a complete proposal• The Administration evaluates and eventually approves• The Administration publishes a tender on the base of thereceived propsal• The Private operator has the right to present an offer
equal to the winner if not selected in the tender (right offirst refusal)

IN BOTH CASES:
Balance between risks
heldby Public and Privatemust
be as follows:
PUBLIC: 49%
PRIVATE: 51%

PROJECT FINANCING - PUBLIC• 2 steps• Approval of the project• Tendering procedure

All the decision making concerning the proposal
is up to the Public Administration.
There's no dialogue with private sector
operators.

The Shipping Alliances – Market Dynamics

The Processes:
1. Specialization

2. First step integration process e.g.

3. Entire integration process e.g.

Who We Are Looking For
We are looking for:

SUCCESS STORIES:••••• MSCPort terminal operators
shipping lines
investment Funds
real estate developers

Euromed area numbers are growing, international players
are continuing to invest in the MED Area:
e.g.HHLA (Italy), QTERMINALS (Ukraine).
There are several investment opportunities available, lets
work on the market targets together!

GIOIA TAURO – CONTAINER TERMINAL

Total investment: 117 mlm €Employment Impact: 151 employees• YILPORTTARANTO – MULTIPURPOSE TERMINAL

Total investment: 74 mlm €Employment Impact: 250 employees

INDEXITALIAN PORT SYSTEMSTATISTICS; FINANCIAL PERFORMANCE; FDII O
N PV PE OS RT T
M UE NN IT TIESREADY TO GO TERMINAL & RETRO PORT AREAS
PORT OF CAGLIARINEW TERMINAL DEVELOPMENTS
PORT OF LEGHORN; PORT OF RAVENNAOTHER TERMINALPORT OF BRINDISI; PORT OF CIVITAVECCHIAPORT OF CAGLIARI
Concession for Container
Terminal

16

Transhipment Hub
The Industrial Port extends over a totalsuface of 435,000 sqm and 3,000 sqmof stretch of water.
• Quay length: 1,3000 meters• Depth: 16 meters
THE CONTAINER TERMINAL:- 2 M/TEU capacity- 1,300 m of quay
- 388,479.00 sqm of yard area hosting 6 electricalsubstations and ancillary infrastructures- 3 buildings used for administrative offices,cafeteria and changing rooms and equipment
storage- a Border Inspection Point (BIP), authorised as
Designated Point of Entry (DPE), pursuant toEuropean Commission letter No 430881 of 22January 2016.

The terminal is equipped with cranes and container handlingequipment, owned by CACIP (Industrial Consortium of theProvince of Cagliari) which may be leased and/or purchased
under terms to be agreed with the Consortium.

17

Port Planimetry

Special Economic Zone
38 HA
There are three types ofbenefits for companies settlingin a SEZ:
1.tax credit for companies
initiating their economic
activities or investments inspecial areas.
2. faster procedures andtiming for the release ofauthorizations.
3.reduced administrative andsubmission charges.
18

INDEXITALIAN PORT SYSTEMSTATISTICS; FINANCIAL PERFORMANCE; FDI
I O
N P
V P
E O
S RT T
M U
E N
N IT TIESREADY TO GO TERMINAL & RETRO PORT AREAS
PORT OF CAGLIARINEW DEVELOPMENTS
PORT OF LEGHORN; PORT OF RAVENNAOTHER TERMINALPORT OF BRINDISI; PORT OF CIVITAVECCHIAPORT OF LEGHORN
Port Network Authority of theNorth Tyrrhenian Sea

Geographical Positioning
These ports comprise one of the largest systems of Italianports for the total traffic handled with over 42 million tonsof goods and 9 million passengers every year.
The network’s most important nodes (the Port of Livornoand “A. Vespucci” freight village), are well connected withthe secondary nodes of the network and are part of theScandinavian Mediterranean Corridor;

the Port ofPiombino, Pisa Airport, Florence Airport andthe freightvillage of Prato, being on direct road and rail links, are also
connected to the ScanMed Corridor, with a high capacity
for penetration into the markets ofEurope.

Central and North
21

The Port Today - Livorno

22

Europa Dock:
main numbers
THE LARGEST PROJECT IN ITALY:•3 km of new piers•

2 million square meters of total area•

2 large new terminals•18 m draught•

A new channel capable of handling thelatest generation of ships.

•The largest expansion project availablein Italy•

Phase A: container terminal•

Phae B: Motorways of the Sea: Ro-RoRo-Pax23

Europa Dock- Container Terminal•

Total surface: 800,000 m2•

Quay length: 1200 m•

Terminal surface: 620,000 m2•

Terminal capacity: 1,6 – 2,0 MTEU•

Project dredging depth: -20 m•

Initial dredging depth: -16 m•

Electrified railway connection: available,•

ready to accommodate trains with a length of 750 m

Already secured financing:• 450 M€, as follows:• 50 M€ + 200 M€ Italian State funds• 250 M€ Tuscany Region• 50 M€ from the Port Authority
TOTAL: 500 M€
The Public sector will cover all the infrastructure investments concerning dredging, breakwaters and soil consolidation.
Public works (dredging, breakwaters) will start during 2022.
The investment in the container terminal is up to the private sector.

24

PORT of RAVENNAPort Network Authority of theNorthern Centre Adriatic Sea

Geographical Positioning

The Port of Ravenna is the port of the EmiliaRomagna Region.

By virtue of its strategic geographic position, the Portof Ravenna is a leading port in Italy for its trade withthe markets of the Eastern Mediterranean and BlackSea (almost 40% of the national total and excludingcoal and oil products) and plays an important role as
regards trade with the markets of the Middle and Far

East26

Port Connections

MONTHLY TRAIN
CONNECTIONS:
ITALY

529

GERMANY27

7,300 trains per year from Ravenna terminals to Italy

FRANCE

14

and North Europe carrying 3,5 Million tons, 13,5% ofHUNGARY

14POLAND

13SERBIA

10AUSTRIA

1total cargo handled in the port.

Container Lines❑East Med17 weekly services
Ro-Ro Lines❑Ravenna-Sicily❑Ravenna - Albania
27

Exhisting Container Terminal

Future Development

L1 Logistics Area•

Area «Logistica 1» on Sapir Property for 46
ha (26,2 HA for logistic development)•Direct connection with San Vitale quays byrail and road•

Sapir quay 500 meter long and equipment
just suitable for 2 Mtons of goods•

Very large Railway Station next Logistica 1
connects to Ravenna Central Station with
one track prepared for double or triple tracks,electrified in next future•

Access to Logistica 1 from three different
road connected to main road to north andsouth highways•Expansion of Logistica 1 buying residentialarea (plus 5 ha)

About 26,2 ha for logistic development with 80% of covered surface

Business model: no sale of full ownership. But, strategic Partnership:
1. Right of surface; e.g. 40 years duration, the client develops the area
2. JV, NEWCO, Partnership30

New Container Terminal-trattaroli Peninsula▪ Area «Trattaroli» on Sapir Property for 38 ha▪ Direct connection with existing and new Trattaroli
quays▪ Sapir quay 1.000 meter long and 12,5 mt depth(Phase 1) and 14,5 (Phase 2)▪ Connection with Very large Railway Station next
Logistica 1 connects to Ravenna Central Station
with one track prepared for double tracks▪ Possibility to electrified railway in next future
About 38 ha for logistic development with 80% of covered surface

Esp1: Port expansion area for various industrial activities of 59,120
square meters equipped with a 301 meter dock at the current height of
2.5 meters and a future of 3.5 meters;
Esp2: Area of harbor expansion for various industrial activities of 101.300
square meters equipped with a 328 meter high platform of 2.5 meters;
Esp3: Expansion area for the future Container Terminal of 180,000
square meters equipped with a future dock of 684 meters of height 3.531meters.

INDEXITALIAN PORT SYSTEMSTATISTICS; FINANCIAL PERFORMANCE; FDII O
N P
V P
E O
S RT T
M U
E N
N I
T TI
E
SREADY TO GO TERMINAL & RETRO PORT AREA
PORT OF CAGLIARINEW DEVELOPMENTS
PORT OF LEGHORN; PORT OF RAVENNAOTHER TERMINALPORT OF BRINDISI; PORT OF CIVITAVECCHIAPORT OFBRINDISIPort Network
Authority of theSouthernTyrrhenian Sea

Operating Costa Morena
Intermodal Terminal

COSTTARGET€. 21.750.000,00 COMPLETION 100 %. DURATION 1,5 years
AVAILABILITY OF LARGE AREAS (approximately 200,000 sq. M) forintermodal and multipurpose stocking of containers, liquid andsolid bulk for about 750.000 teu/year. Quay length about 1,4 km.
Draught from 12 to 14 m.

COST€. 7.100.000,00

COMPLETION

100 %. DURATION

5 years

TARGET Enhancing rail infrastructure with new 1,5 km of railway into the portarea.

34

THE POWERPOINT PRESENTATION

Thank you:
Massimiliano Maurizi mmaurizi@invitalia.it
Ambra Nicole Strub astrub@invitalia.it