Yilport Holdings unveils revised growth strategy and 2020-2025 business plan

Yilport Holdings unveils revised growth strategy and 2020-2025 business plan

Yilport has outlined its new business plans for 2020 and beyond, aiming to focus on organic growth and to start operations in two container terminals in 2020.

The two container facilities include Taranto Container Terminal in Italy, which the company plans to revamp and bring annual capacity up to 1.5m teu, and Gulfport Terminal in Mississppi, US.

At Gulfport, the company has committed to reach an annual throughput of 600,000 teu in two years with immediate investments once it has taken over the terminal in the second half of 2020.

A second 450 m long container berth is being constructed at Puero Bolívar, Ecuador, equipped with six new ship-to-shore (STS) cranes and 18 electric rubber-tyred gantries (e-RTGs) from Mitsui E&S.

Two STS cranes with a 22-row outreach plus six e-RTGs were shipped from Japan in January 2020, with the remaining for STS cranes with a 24-row outreach and 12 e-RTGs are scheduled for delivery at the end of 2020 or first days of 2021.

The terminal already has two Gottwald super-post-Panamax mobile harbour cranes (MHCs), delivered in October 2019, in operation.

In addition to the two MHCs at Puerto Bolívar, four e-RTGs were added to the Yilport Gebze terminal in Turkey which have helped to improve yard and berth productivity at the terminal.

The company has also ordered four new STS cranes with a 23-row outreach and six new e-RTGs for its Gemport terminal in Turkey.

Founder and chairman of Yilport Holding Robert Yuksel Yildirim, who also took on the role of CEO when Christian Blauert stepped down in December 2019, said that the group aims to prioritise efficiency increase across its current portfolio of 22 terminals in 10 countries.

He added: “After our intensive investments for terminal equipment and cranes in 2019 and 2020, Yilport will be ready to serve our customers more productively and more efficiently.

Yilport constructed a 400 m long additional container berth at its Swedish Gävle Container Terminal and it is preparing a new yard for automated e-RTG operations.

It has also ordered three STS cranes with a 22-row outreach from Mitsui E&S and six automated e-RTGs with 1-over-6 height and 7+1 wide from Konecranes which are expected to be delivered in the first quarter of 2021.

The company has made further e-RTG purchases from Konecranes for its Leixões Container Terminal in Porto and Liscont Container Terminal in Lisbon.

In addition, it has plans to sign an additional contract with Mitsui E&S to order four new STS cranes with a 22-row outreach for the first quarter of 2022.

For Puerto Quetzal in Guatemala, two Gottwald MHCs and two Liebherr MHCs were purchased to handle the super-post-Panamax container vessels.

Yildirim said: “In addition to organic growth, Yilport will continue its second round of acquisitions, especially pursuing gateway terminals in emerging markets. We will try to acquire one or two ports per year in lie with our typical growth strategy.”

In order to grow in the future, Yilport Holding will also reorganise its executive management structure in its Istanbul headquarters and regional offices.

Yildirim added: “We are looking forward to the new decade’s investments with excitement. We believe Yilport will become the niche global container terminal operator after our strategic investment projects with our unique game-changer can-do attitude and customer-orientated service.”