The world’s largest privately-owned and independent port operator Gulftainer recorded a strong performance in 2015, with an overall growth of 4% across its global portfolio.
Khorfakken Container Terminal and Sharjah Container Terminal emerged as the company’s strongest performers in 2015; they collectively achieved a 9% surge in container volumes, while the former set a new record of handling a total volume of 19,561 teu for a single vessel.
In Iraq, Gulftainer’s Umm Qasr Logistics Centre marked another significant milestone, reaching one million teu over the five-year period since it commenced operations in 2010.
Flemming Dalgaard, chief executive of Gulftainer, said: “The container industry worldwide is witnessing challenges in growth volumes due to a slowdown in the Chinese and European markets.
“However, Gulftainer’s success in bucking this trend with positive and robust performances across our terminals underlines our ability to adapt to market volatilities and economic fluctuations.”
In addition to port activities, the company’s 3PL company Momentum Logistics, which operates freight forwarding, trucking, warehousing, container repair and contract logistics, also reported positive growth in 2015.
Looking ahead, Gulftainer has earmarked an ambitious growth strategy to triple volumes by 2026 and expand its operations through investment in infrastructure.
