Shippers looking for an alternative East Coast terminal through which to send container cargo may soon have the option of an expanded facility in Wilmington, Delaware, which is 30 miles closer to the sea than Philadelphia.
US Rep. Duncan D. Hunter, R-Calif., has asked the Trump administration to block Gulftainer from acquiring a 50-year concession at the Port of Wilmington, Delaware, in the latest of a series of controversies over foreign investments in US ports.
Container traffic at Gulftainer grew 4 percent year-over-year in 2015, as a strong performance at its two United Arab Emirate facilities helped keep volume growth steady despite weakness in the European and Chinese markets.
Gulftainer has tapped Flemming Dalgaard, head of company’s international operations, to take the helm of the company's international operations as CEO of the independent port operator.
Gulftainer has appointed a former Maersk Line and DP World executive as CEO of its international operations as the container terminal operator expands its global footprint.
Gulftainer said it handled 19,561 20-foot-equivalent units of containers in 54.4 hours on a single call at its Khorfakkan Container Terminal in at Sharjah, United Arab Emirates.
Gulftainer’s goal to triple volume over the decade through aggressive investment came a step closer in 2014 after the terminal operator increased handling 8 percent year-over-year.
Terminal operator Gulftainer is a step closer to readying its Al-Sharjah Emirati terminal for mega-ships after it received $60 million of new crane equipment for the Khorfakkan Container Terminal.
Port Canaveral has been cleared by the Treasury Department to proceed with the 35-year lease of the Florida port’s planned container terminal to United Arab Emirates-based Gulftainer.