Yilport celebrates year to remember

It’s container terminals reported a 5% year-on-year volume growth to 3.93m TEU on equity basis – led by its 10 terminals in Turkey, Scandinavia, Iberia and Latin America.

Yilport’s marine terminals portfolio includes five terminals in Turkey, seven in Portugal, two in Sweden, two in Spain, one in Norway, one in Malta, one in Peru, and one in Ecuador.

Robert Yuksel Yildirim, chairman of Yilport Holding, said: “The year of 2016 was one of the golden years for Yilport Holding in port industry. We have resolutely implemented both our medium-term and long-term strategic plans.”

He added: “We heavily invested in state-of-the-art technology in superstructure and IT, achieving productivity and efficiency well over the industry average.”

In the first days of 2016, Yilport took over Tertir’s portfolio of 10 ports, five of which are container terminals.

After Yilport acquisition, Port of Paita in Peru recorded equity-based 113.000 TEU for 2016, 7% higher than 2015 volume. The flagship terminal among Portuguese assets, TCL in Port of Lisbon recorded 622.000 TEU, 1% over 615.000 TEU throughput in 2015.

Yilport owns 50% shares in Malta Freeport (MFTL), which recorded 1.55m TEU equity-based volume in 2016.

Mr Yildirim concluded: “Our global growth took steady steps forward returning proud business results. Yilport will progress further in the upcoming period. We will embrace both organic and inorganic growth opportunities, advancing step by step to rank among top 10 international terminal operators by 2025.”