Turkey-based Yilport Holding is looking to significantly increase its annual container handling throughput in a bid to become one of the top 10 global container terminal operators by 2023.
The port management and logistics company is aiming to operate 50 container terminals across five continents to handle an annual total of 22 million teu – over ten times its current 1.96 million teu.
“Our centralised planning, global support centre, and intense focus on safety and training will translate into the sustainability of our steep growth trajectory,” said Sean Pierce, CEO, Yilport Holding.
Yilport is already the largest terminal operator in Turkey in terms of the number of ports operated and overall capacity. It recently saw an 11.7% increase in volumes for Turkish gateway container operations that was matched by a corresponding decrease in cost.
“The Yilport portfolio of the future will be built upon the strength our partnerships and delivery of port and logistics services that allow our customers to enjoy further competitive advantage and increased market share,” he added.
Focusing on “sustainable profitability”, the company is investing heavily for the continued expansion of its existing facilities to keep up with the increasing size of vessels.
Yilport is currently commissioning four MES cranes at its new Gemlik terminal that are capable of servicing 18,000 teu vessels. Four more of the modern, high quality cranes are in production in Japan and scheduled for delivery to Yilport Gebze later this year.
Its range of new terminal projects will be spread across the Middle East, Africa, Europe and North and South America.
