Gulftainer on track for growth

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Gulftainer, a private and independent port management and logistics company, announced significant growth in its global operations, particularly at its terminals in Khorfakkan, United Arab Emirates and Wilmington, United States. Successfully leveraging its multiple ports across the Middle East, the award-winning company increased its UAE bulk cargo volumes by 290% year-over-year; and by demonstrating its highly productive operational capabilities, it increased its bulk cargo volumes by 57% in the United States.
As businesses and economies around the world have felt the impact of the pandemic, the transportation and logistics industry has not only encountered challenges that have affected supply chains globally, but it has also created growth opportunities to meet the growing demand for e-commerce. Capitalizing on business opportunities and attributing its success to the skills, dedication and capabilities of a 4,000 strong workforce, Gulftainer has emerged in a stronger position than most.

Peter Richards, Managing Director of Gulftainer, expressed his gratitude for the commitment and determination of the entire Gulftainer team: “As a company, we have experienced a remarkable turnaround over the past eight months. It’s a fact that very few companies have emerged unscathed from the past few years, but amidst these trials and tribulations, we have identified and relentlessly pursued definite growth prospects. We underwent a management restructuring, which allowed us to seize the opportunity and get the business back on track sooner than expected. This has resulted in turning the past two underperforming years into a distinctly positive first half of 2022. Gulftainer is now back where it should be and on track for major growth. The entire Gulftainer team has been working tirelessly since the start of 2022 to produce new, innovative continuous improvement initiatives to significantly improve efficiency, customer service levels and reassess resource and equipment allocation. to maximize potential.

Offering reliable services, fast vessel turnarounds, competitive rates, and fast customs clearance, Gulftainer has earned an industry-wide reputation for the best service delivery, productivity, and exceptional customer service.

“All of our global ports have achieved significant increases in productivity. UAE and US throughput levels have increased 12% since last year in ship-to-shore crane throughput, far exceeding internationally recognized industry levels. Additionally, it has reduced its environmental impact, with a combined reduction of 27% per TEU in fuel burn and emissions. Our global ports also experienced significant volume growth in 2022, with new customers importing cargo never before handled at our ports. Once again, this underscores how the company has come together to deliver this needed turnaround,” added Peter.

Gulftainer has also launched a new initiative called Project Blue Box, a containerized, in-house designed and built power supply solution for its ports in the United Arab Emirates. This power supply solution will support up to sixty reefer containers and help reduce a terminal’s reliance on diesel-burning generators during peak periods. Additionally, it will increase the overall capacity of the terminal and provide additional space for municipal food inspectors. The Blue Box project will be launched in our US terminals next year.

To combat supply chain issues, Gulftainer offered a cost-effective solution to diversify into KCT, providing importers with a revised strategy for importing products on bulk carriers. Gulftainer has stayed ahead of the industry trend and identified new opportunities to facilitate this transition, while simultaneously opening KCT to handle a multitude of bulk commodities, including finished and raw steel products, plywood and wood and copper cathodes.

Gulftainer is an internationally recognized and established port management and operation company based in the emirate of Sharjah. Since its inception in 1976, the company has made great strides in expanding its footprint in the world’s major economies, fulfilling its role as a catalyst for global commerce backed by the unwavering trust and support of its customers.
Source: Gulftainer Company Limited

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