New CEO appointed at Gulftainer

Former CEO Peter Richards will now serve on Gulftainer’s Executive Board and lead the expansion of the company’s footprint in the United States as CEO of Gulftainer USA.

Mr Richards said: “Given his experience in the industry and his previous position as Gulftainer’s CEO for International Operations, Flemming Dalgaard brings a wealth of industry experience to his new role as CEO of the Gulftainer Group.”

“As we continue to expand worldwide, his global industry knowledge and strong customer relationships will prove invaluable in consolidating this growth,” he added.

Mr Dalgaard joined Gulftainer in August 2015 to manage its international operations. In his new role, he will oversee the strategic growth of the company, which currently operates and manages ports and logistics businesses in the UAE and across Iraq, Brazil, Lebanon, Saudi Arabia and the USA.

With over 30 years in the international maritime industry, Mr Dalgaard also served as Senior Vice President for Group Strategy at DP World and CEO for DP World Europe and Russia region.

Badr Jafar, chairman of Gulftainer’s executive board, and CEO of Crescent Enterprises, said: “In his 30-year career with the company, Peter Richards has spearheaded efforts to ensure Gulftainer’s transition from a home-grown UAE company into an international player in the global port operations business.”

“The Board has great confidence in his abilities to further accelerate our growth within the US market, and we wish him many more productive years with the Gulftainer family,” he concluded.

Gulftainer has recorded consistent growth year-on-year over the past decade, averaging more than 12%, compared to global market growth of 8.6% during the same period.