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GT USA launch Canaveral Container Terminal

GT USA, a subsidiary of the UAE's Gulftainer, officially launched the Canaveral Container Terminal in Florida
CMA CGM Jamaica enters Port Canaveral as part of the container terminal opening
CMA CGM Jamaica enters Port Canaveral as part of the container terminal opening

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Gulftainer’s new Canaveral Cargo Terminal at Port Canaveral in Florida, USA, officially opened for business Saturday with a major launch ceremony attended by more than 300 local, state, and national public officials, alongside leaders of business and trade across the Florida region.

The new cargo terminal opening comes one year after Canaveral Port Authority signed a 35-year agreement with GT USA, the US arm of UAE-based global ports and logistics company Gulftainer, to operate and further develop the container and multipurpose cargo terminal.

GT USA, which has established its headquarters at the Canaveral Port Authority offices, expects to contribute more than US $630-million to the local economy, creating 2,000 direct and indirect jobs when fully developed.

The ceremony was attended by HE Yousef Al Otaiba, Ambassador of the United Arab Emirates to the United States of America; HE Lana Nusseibeh, Permanent Representative of the United Arab Emirates to the United Nations; Ambassador Vinai Thummalapally‎, Executive Director of the International Trade Administration of the U.S. Department of Commerce; and Richard Biter, Assistant Secretary of the Florida Department of Transportation.

Canaveral Port Authority Commission Chairman Jerry Allender, opened the ceremony by saying, “the United Arab Emirates and the United States have fostered great partnerships in trade, culture, and education. Today represents one example of our nations’ great partnership.”

Yousef Al Otaiba, Ambassador of the United Arab Emirates to the United States of America highlighted the growing trade between the UAE and the US.

“Bilateral trade between the UAE and US has grown almost 80% since 2005,” he said. “In fact, last year the US benefitted from a US$19 billion trade surplus with the UAE, and was the largest market for US goods and services in the region.”

Al Otaiba added: “Now we’re here to celebrate another milestone in the UAE’s expanding trade and commercial relationship with Florida. And I am proud to count the Gulftainer and Port Canaveral venture among the finest examples of the UAE-US relationship.”

GT USA is part of Gulftainer’s strategic vision to triple its global cargo capacity in the next decade across five continents. The Company is a subsidiary of UAE-headquartered multinational Crescent Enterprises, which is also active in a number of other industry sectors.

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