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Gulftainer’s Sharjah terminal throughput rises by 23% in H1
posted on 23/08/2012: 995 views
Gulftainer Company, the largest privately owned ports operator in the world, on Wednesday said its throughput at Sharjah terminals rose 23 per cent in the first half as export volumes from Middle East countries increased.
The Sharjah-based company said that throughput at Khorfakkan Container Terminal (KCT) and Sharjah Container Terminal (SCT) are estimated to exceed 3.5 million twenty-feet equivalent units (TEUS) in 2012.
The company, which also operates port facilities at Ruwais in Abu Dhabi, expects to maintain the level of performance for the rest of the year, which would make it the Middle East's fastest expanding port operator. The company has also invested in Iraq, Russia and now Brazil.
"This remarkable performance, forecast to continue throughout the rest of the year, means that Gulftainer will continue to break its own records despite the global economy going through yet another difficult year,” a company statement said.
The accomplishment, according to published industry figures, means that Gulftainer's Middle East ports have been the fastest growing ports in the region over the last four years. While many regional players posted results of below 10 per cent, Gulftainer has continued to show double-digit growth.
"Gulftainer continues to work closely with our customers in order to continue this good work. We are absolutely delighted to have achieved such successful results for the year to date. The volume increases in KCT and SCT are an obvious reflection of the trust that customers place in us,” Gulftainer group managing director Peter Richards said.
"We can look forward to a prosperous year ahead as we improve our facilities and increase equipment levels to deliver consistent operational performance to all our stakeholders,” he added.
Gulftainer management put this sustained consistency down to the ability to be flexible and swift to act. An increase in export volume from the Middle East countries has also resulted in additional full volumes through Gulftainer's facilities.
"Gulftainer goes the extra mile to ensure that we are in contact with all customers on a regular basis,” Richards said.
Gulftainer Group has been operating in the UAE and around the world for over 35 years. The latest exciting development for the company is a joint venture to operate and manage Ust-Luga Port in Russia's Baltic region, with activity commencing late 2012. – Khaleej Times
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