Friday , 22 June 2018
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Yilport records 2016 throughput growth
Robert Yuksel Yildirim, president and CEO of Yildirim Holding

Yilport records 2016 throughput growth

The Turkish Yildirim Group’s port operating and logistics subsidiary Yilport Holding has recorded a 5% year-on-year growth to 3.9m teu in its gross container volumes last year.

Volumes at the company’s terminal in Turkey, Yilport Gebze, went up by 6% year-on-year to 400,000 teu in 2016.

Growth was also registered at Yilport’s Nordic terminals, especially following the company’s acquisition last year of the remaining 20% shares in the Gävle Container Terminal (GCT), Sweden, where volumes grew by 18% to 202,000 teu.

Volumes at Yilport’s second container terminal in Scandinavia, Sjursøya Container Terminal (SCT) in Oslo, Norway, also went up following the company’s takeover, with a 15% rise to 205.000 teu last year.

In early 2016, the port operator also took over Tertir’s portfolio of ten ports, including five container terminals.

Following the acquisition, Port of Paita, Peru, reported a 7% year-on-year rise in volumes to 113.000 teu for 2016.

In Portugal, the Port of Lisbon’s TCL reported a negligible 1% rise in volumes to 622.000 teu, while throughput in Sadoport, Setúbal, went up by 5% year-on-year to 127.000 teu in 2016.

Equity-based volumes  at Malta Freeport (MFTL), which is 50% owned by the company, went up by a negligible 1% to 1.55m teu in 2016.

Robert Yuksel Yildirim, chairman of Yilport Holding, said: “[In 2016] we have resolutely implemented both our medium-term and long-term strategic plans. We heavily invested in state-of-the-art technology in superstructure and IT, achieving productivity and efficiency well over the industry average.”

He added: “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.”