Gulftainer’s Trade Volume Rose 24 Percent in 2012

Gulftainer, the United Arab Emirates-based port operator, recorded a 24 percent increase in volume for 2012 verses a year earlier.

The port management and logistics company’s Sharjah ports posted the greatest volume throughout for the year, with Khorfakkan Container Terminal showing a 28 percent year-over-year increase to more than 3.3 million 20-foot-equivalent units.

“The past year has seen growth across a number of our operations, as well as expansion of current and new locations,” Peter Richards, Gulftainer’s group managing director, said in announcing the results.

The Sharjah-based company is proceeding with expansion plans to boost capacity and allow it to handle larger vessels.

 

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