Gulftainer appoints new CEO

Gulftainer appoints new CEO
Gulftainer’s new CEO, Charles Menkhorst

Gulftainer has appointed Charles Menkhorst as its new CEO, tasked with oversight of the strategic growth of the company, which currently operates and manages ports and logistics businesses in its home base in the UAE, and internationally across Iraq, Lebanon, Saudi Arabia and the US.

He replaces Peter Richards, who will continue to serve on the company’s board of directors and lead the expansion of its footprint in the US as CEO of GT USA.

Menkhorst has 25 years of experience in the maritime industry including roles at DHL Worldwide Express, APM Terminals and most recently, as CEO at Luxemburg-based ports infrastructure group Euroports.

He stated: “We have a team of empowered professionals who are ready to write the next chapter of Gulftainer’s globalisation, thereby focusing on existing and new geographies and developing new services to deliver world-class maritime supply chain solutions to our clients.”

Badr Jafar, Chairman of Gulftainer and CEO of parent company Crescent Enterprises, said: “Charles Menkhorst brings a wealth of supply chain experience with him, which will prove invaluable in driving Gulftainer into its next chapter of growth. Charles will also lead Gulftainer’s digital transformation strategy and the development of sustainable infrastructure across our operations globally.”

He praised Richards’ role in spearheading Gulftainer’s transition from a home-grown UAE company into an international player in the global port operations business.

“We will continue to rely on his dynamism to further accelerate Gulftainer’s growth within the US market, and we wish him many more productive years with the Gulftainer family,” added Jafar.

The operator has recently launched a challenge to identify start-ups from across the globe with the ambition to lead the transformation of the port management and logistics industries.

The initiative features a partnership with the Global Silicon Valley Labs (GSV Labs), to engage start-ups in tech opportunities related to the internet of things (IoT), robo-doctors, artificial intelligence (AI) and autonomous drones, big data and advanced analytics, and blockchain.

In response to the pandemic-related lockdown in March-May 2020, Gulftainer launched complimentary Express Service Lanes to accelerate the delivery of over 200,000 metric tons of medical and essential supplies through its Sharjah Container Terminal in the UAE.

The company is currently providing temporary storage for shipments, helping to assist thousands of SMEs across its operations in five countries that face outlet flow restrictions.