According to the company the consistent organic growth of Gulftainer is the largest of any Middle East port operator, with trade volumes more than tripling in the past decade.
Gulftainer’s portfolio covers three UAE operations; Khorfakkan, Sharjah and Ruwais as well as in Iraq at Umm Qasr, Recife in Brazil and the recently acquired Tripoli Port in Lebanon, with further expansion plans across the Middle East and internationally for 2013.
“The past year has seen growth across a number of our operations, as well as expansion of current and new locations,” said Peter Richards, group managing director, Gulftainer.
Khorfakkan Container Terminal accounted for a majority of the growth in volumes with an impressive throughput of more than 3.3m teu, up 28% on 2011 figures and similar double-digit growth anticipated again in 2013.
For 2013, Gulftainer has already moved forward with further expansion plans within existing operations to allow for greater capacity and the increasing size of vessels now requiring access to the ports.
“Our figures are indicative of the UAE’s growing influence as an import and export hub and even more so of the east coast’s popularity for container ship operators,” Richards added.