The operator is aiming to expand its global portfolio to 35 terminals by 2020 handling 18m teu annually across five continents. This would in essence make it one of the top six global terminal operators.<\/p>\n
Some may say that this is an over optimistic target, but Peter Richards, managing director, Gulftainer, said it\u2019s perfectly do-able. Apparently the operator has more than 70 port and logistics opportunities in the pipeline which it\u2019s currently looking into.<\/p>\n
\u201cGulftainer has a good reputation for efficiency. Location is not a restriction for us but the majority of opportunities coming our way are in south America and Africa,\u201d Mr Richards told Port Strategy<\/em>.<\/p>\n He pointed out that Gulftainer has two acquisitions in the pipeline for the first quarter of 2014 \u2013 including one on the east coast of the United States.<\/p>\n \u201cI have been asked why we would do this in the economic climate. But the truth is that the east coast of the US is a good proposition for future growth. The best time to acquire lower end assets is before they start rising in value. We\u2019re not aiming to acquire a 1m teu terminal each time but for the more niche 200 to 300,000 teu range. These terminals are readily available, it\u2019s just a case of opening your eyes and looking around.\u201d<\/p>\n Currently, Gulftainer has 11 terminals worldwide, 15 if you take into account dry ports.<\/p>\n Mr Richards said to PS<\/em> that there are two important opportunities on the table that could increase the Gultainer portfolio by 20 terminals \u2013 if these came to fruition by 2015, the operator could slash its growth target by five years.<\/p>\n","protected":false},"excerpt":{"rendered":" Gulftainer has set out an optimistic strategy for future growth to fit with its expanding footprint into new international markets.<\/p>\n","protected":false},"author":8,"featured_media":8982,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,63],"tags":[],"sponsor":[],"class_list":["post-8981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-equipment","category-products-services"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/8981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=8981"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/8981\/revisions"}],"predecessor-version":[{"id":8983,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/8981\/revisions\/8983"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media\/8982"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=8981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=8981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=8981"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=8981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}