SECH Terminal: 25 years of growth
The SECH terminal in the port of Genoa is celebrating 25 years in operation with a forecast 355,000 TEU moved in 2018 against 300,000 in 2017 and a projection of 395,000 in 2019 thanks to the new Maersk and Hapag Lloyd services acquired in the current year. Understandable then the satisfaction of Giulio Schenone, CEO at Gruppo Investimenti Portuali, on looking back over a quarter of a century of business. “We’ve been pioneers rather than just entrepreneurs. SECH was the first container terminal to obtain a concession, as far back as June 1, 1993, when law 84/94, which was to allow private enterprise in ports, still hadn’t been introduced.” After last year’s acquisition of 95% of GIP by equity funds Infracapital and Infravia and the exit of the Negri, Magillo and Cerruti families, Schenone has maintained a 5% interest. “To have reached this point and be investing in the future is a fine achievement, considering the epochal changes we’ve seen in world shipping.“