Terminal operator Gulftainer has reached another significant milestone with a combined throughput of 1 million TEU handled at its terminals in Umm Qasr Port in Iraq.
The one millionth unit was discharged from the MSC Didem, a regular caller at the Iraq Project Terminal.
Gulftainer Iraq has experienced booming growth and a compound annual growth rate of around 100.78%, since beginning operations from a standing start in August 2010.
Rob Smith, Operations Manager, Gulftainer Iraq, said: “Umm Qasr Port has always been and will remain the dominant container hub in Iraq, due to its strategic location on the Arabian Gulf.
“We are uniquely positioned, having terminals in both the North and South Ports in Umm Qasr, each of them with strong selling points that have helped us achieve a steady growth since we started operations in the country.”
As part of a US$150 million investment programme made in the country by Gulftainer, the Iraq Container Terminal is the largest terminal within Umm Qasr port and the only facility that has its own entry and exit points, along with a customs office and relevant facilities.
Smith explained: “We have made substantial investment, and continue to do so, in order to improve the operational capacity and productivity of both our terminals in Umm Qasr, as well as at Umm Qasr Logistics Centre (UQLC), a unique facility within Iraq, providing a direct bonded connection with the North Port through a bonded road.”
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. Besides its terminals in Iraq, Gulftainer’s current portfolio covers UAE operations in Khorfakkan Port and Port Khalid in Sharjah, as well as activities at Recife in Brazil, along with Jeddah and Jubail in Saudi Arabia.