Gulftainer posts robust growth in 2014

In a year defined by international expansion and investments in new infrastructure to enhance operational efficiency, Gulftainer recorded robust growth across its entire terminal portfolio.

By Staff Report

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Published: Thu 26 Mar 2015, 12:01 AM

Last updated: Fri 26 Jun 2015, 12:21 AM

Dubai — Gulftainer, a privately-owned, independent terminal operating and logistics company, recorded an eight per cent growth in container volume in 2014, achieving a total of 6.4 million twenty-foot-equivalent units, or TEU, across its global portfolio.

In a year defined by international expansion and investments in new infrastructure to enhance operational efficiency, Gulftainer recorded robust growth across its entire terminal portfolio.

Iain Rawlinson, group commercial director of Gulftainer, said: “The positive growth recorded by Gulftainer across its terminals globally underlines the confidence of our partners in our ability to meet their requirements efficiently. Our extensive network and technological expertise are the strengths that have enabled us to expand our footprint to new locations. We continuously invest in enhancing our infrastructure, thus boosting reliability, operational efficiency and productivity.”

He added: “The growth in volume achieved throughout our terminals is strong testament to the expertise and dedication of our employees and the strong productivity levels we are able to achieve on a consistent basis. In the dynamic global trade routes linking Asia and Europe, our terminals today play an increasingly significant role. Even as we expand and grow our business, we also remain committed to the communities we serve in by creating new jobs and supporting the domestic economy.”

In global markets, Gulftainer’s Saudi terminals recorded impressive growth with Northern Container Terminal, accounting for 1.9 million TEU, sustaining previous-year trends, while Jubail Container Terminal noted a growth of 22 per cent to over 396,000 TEU. The total volume at Saudi terminals was over 2.29 million TEU.

Gulftainer’s Umm Qasr terminal also accomplished a significant growth of 46 per cent in 2014, while the Recife terminal in Brazil marked a growth in volume of seven per cent.

Gulftainer’s UAE terminals recorded a total volume of 3.8 million TEU in line with the all-round growth in business. The company marked another significant milestone, with Sharjah Container Terminal, or SCT, surpassing 400,000 TEU in annual throughput for the very first time.

The only fully-fledged operational container terminal in the UAE located outside the Strait of Hormuz, Khorfakkan Container Terminal, or KCT, has today emerged as one of the most important transshipment hubs for the Arabian Gulf, the Indian Subcontinent, the Gulf of Oman and East African markets.

— business@khaleejtimes.com



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