Gulftainer hits 20m TEU milestone at Jeddah terminal
Gulf Stevedoring (GSCCO), a member of the Gulftainer Group of Companies, has celebrated the handling of a record 20 million TEUs at the Northern Container Terminal (NCT) in the port of Jeddah, KSA.
Gulftainer is the world’s largest privately-owned, independent port operator based in the UAE.
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.
“We are very proud to be celebrating Gulf Stevedoring’s momentous achievement today,” said Flemming Dalgaard, CEO of Gulftainer. “We could not have reached such a milestone without our clients and on behalf of Gulftainer, I would like to thank you all for your confidence and support in handling your cargoes through NCT over the years. I would also like to thank all the government agencies of Saudi Arabia for their cooperation and support in realising this success in Jeddah Islamic Port. Our achievements are also your achievements.”
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.