Gulftainer celebrates 20 million TEUs in KSA

Published: Sunday, June 5, 2016

Gulftainer the world’s largest privately-owned port operator recently celebrated the handling of a record 20 million TEUs at the Northern Container Terminal (NCT) in the port of Jeddah, KSA.

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

Thursday’s event was attended by His Excellency Dr Nabeel Al Amoudi, President of the Seaports Authority, Captain Abdullah Bin Awad Al Zami, Director General of Jeddah Islamic Port, along with several government representatives and representatives from shipping lines, agencies and trade organisations.

Speaking at the event, Flemming Dalgaard, CEO of Gulftainer, said,“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.