Gulftainer
Gulftainer logo
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| Limited Liability Company | |
| Industry | Port Operations & Management and Transport & Logistics |
| Founded | 1976 |
| Headquarters | Sharjah, United Arab Emirates |
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Area served
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United Arab Emirates, Iraq, Lebanon, Saudi Arabia, Brazil, Pakistan, and the United States |
| Products | Port investment, development, management and operations. Transport of all cargo types including: project cargo; Third party logistics; freight forwarding; contract logistics; container repairs and minor ship repairs |
| Services | Ports and logistics management |
| Parent | Crescent Enterprises |
| Subsidiaries | Momentum Logistics |
| Website | gulftainer |
Gulftainer is an independently owned, global port operator with its corporate head office in the United Arab Emirates (UAE). Established in 1976, the company today manages about 40% of all the major container terminal facilities in the Middle East and has business operations in seven countries around the world. The company's primary business is container, with additional and bulk cargo handling within port terminals and logistics cities.
Gulftainer was formed in 1976 to manage and operate the Sharjah Container Terminal (SCT) on behalf of the Sharjah Port Authority. Ten years later a concession was awarded to Gulftainer to manage and operate Khorfakkan Container Terminal (KCT) in Khorfakkan Port and the container terminal in Hamriyah Port, Sharjah. In 2004, Gulftainer expanded beyond the UAE, initially as a consultant to the Kuwait Port Authority. Later the same year, it inaugurated the purpose-built Sharjah Inland Container Deport (SICD) near the Sharjah–Dubai border. Further development continued into South Asia and Africa in 2006, as it commenced transport and logistics joint ventures with Pak Shaheen in Pakistan, and UAE based Al Marwan, to manage and operate Moroni Port in the Comoros Islands.
In 2008, a transport and logistics joint venture with Demas International in Turkey lead to Gulftainer launching Momentum Logistics, a full-service third-party logistics company. Momentum was soon awarded a contract to manage logistics and vessel operations at Ruwais Port in Abu Dhabi (UAE) in 2009.
The Iraqi Port Authority granted Gulftainer concessions to operate cargo facilities in Umm Qasr Port, the primary marine gateway into Iraq. Terminal operations started in 2010; and were expanded in 2012. In 2013, Gulftainer commenced development of a logistics city development in Umm Qasr, which is now fully operational.
In 2011, Gulftainer signed a major joint venture agreement with Prominvest, the financial and investment arm of Russian State Corporation, Russian Technologies to develop projects in Russia. The company made its first expansion into South America, by establishing terminal operations in the Port of Recife, Brazil in 2012. In the same year Gulftainer was awarded the concession to develop and operate a new container terminal at the Port of Tripoli in Northern Lebanon The concession is for 25 years with an investment of over USD 60 million in new equipment and machinery. In June 2013, Gulftainer completed a major acquisition by securing the majority shareholding in Saudi Arabia's Gulf Stevedoring Contracting Company (GSCCO) almost doubling the company size. This acquisition made Gulftainer the largest port operator in the Middle East with regard to the number of terminals managed.
In June 2014, Gulftainer signed a 35-year concession with the Canaveral Port Authority in Florida, USA to operate and develop its container and multipurpose cargo terminal. The terminal, is Gulftainer's first venture in the United States.
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Wikipedia