Gulf Stevedoring (GSCCO), a member of the Gulftainer Group of Companies, celebrated the handling of a record 20 million TEU at the Northern Container Terminal (NCT) in the Port of Jeddah, KSA.
Flemming Dalgaard, CEO of Gulftainer, said: “We could not have reached such a milestone without our clients and on behalf of Gulftainer.
“Gulftainer, through the Gulf Stevedoring company are committed to serving our partners in the years to come, to further progress the development of high quality operations in Saudi Arabian ports and maintain continued success for the lines and customers using them.”
Gulf Stevedoring’s presence in Saudi Arabia, spanning over 30 years, has included cargo operations in Dammam, operations of the South Terminal before its concession and more recently, the opening and operation of the Jubail Container Terminal (JCT), making Gulf Stevedoring the only company to operate container terminals on both coasts of the Kingdom of Saudi Arabia.
In 2013, Gulftainer became the managing shareholder after entering into a partnership with GSCCO that saw the two companies combine their expertise to enhance port operations in Saudi Arabia.
Gulftainer recently released its 2015 results, which contained a positive outcome for the terminal operator, showing that it had seen overall growth of 4% across its global network.
Fact File: Gulftainer is the largest, privately-owned, independent port operator in the world. Established in the emirate of Sharjah, UAE in 1976, Gulftainer is a rapidly expanding, dynamic ports and logistics company now operating in various parts of the world.
Fact File: With a market share of almost 50%, Gulf Stevedoring’s Northern Container Terminal is the busiest container terminal in the Port of Jeddah and with its operation in Jubail Commercial Port, Gulf Stevedoring is also the largest terminal operator within the Kingdom of Saudi Arabia.