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Wednesday, 07 February 2018

Gulf Stevedoring Registers Container Volume of Over 680,000 TEUs at Saudi Arabia’s Jubail Container Terminal in 2017

Richard James, Managing Director of Gulf Stevedoring (GSCCO) Richard James, Managing Director of Gulf Stevedoring (GSCCO)

· Port operator achieved record monthly throughput at Jubail Container Terminal in August 2017

· Terminal sees 26 per cent throughput growth rate in 2017

· Terminal receives maiden call of 14,424-TEU EMC Taurus, largest container vessel to arrive in Jubail till date

Jubail-Saudi Arabia:4 February, 2018 – Gulf Stevedoring (GSCCO), which is part of the Gulftainer group of companies, has recorded a strong performance at the Jubail Container Terminal (JCT) in Saudi Arabia, registering a container volume of over 680,000 twenty-foot equivalent units (TEUs) in 2017.

JCT also recorded its highest-ever monthly throughput at 79,074 TEUs in August 2017 – an impressive 33 per cent hike on July 2017, also one of the terminal's best-performing months. With Jubail's petrochemical plants now in full production, the ports in the coastal city are experiencing a steady increase in activity.

In November 2017, JCT received the largest container vessel to arrive at Jubail till date with the maiden call of Evergreen Marine Corporation's (EMC's) 14,424-TEU EMC Taurus. The 369-metre-long vessel completed 813 container moves on its maiden call.

At a reception held by GSCCO to mark the 2017 milestones, Captain Fahd bin Ahmed Al Amer, Director General of the Jubail Commercial Port, congratulated the team on the remarkable feat. The event drew the participation of senior officials from Saudi Customs, Saudi Coast Guard and the Jubail Commercial Port Authority.

Speaking on these achievements, Richard James, Managing Director of GSCCO, said: "The milestones we have achieved at JCT are an indication of our commitment to consistently delivering best-in-class performance. The Jubail port remains a key gateway for incoming and outgoing container traffic in the burgeoning Saudi market."

He added: "As we identify new opportunities for growth, we remain focused on engaging our customers and partners as well as governments for long-term impact. We will also continue to invest in new talent and technologies to enhance operational excellence and increase terminal productivity."

In addition to JCT, GSCCO also operates the Jubail Industrial Port (JIP) and the Northern Container Terminal (NCT) in Jeddah. To keep pace with the anticipated growth across its Saudi facilities, GSCCO has deployed three additional rubber-tired gantry (RTG) cranes to boost the capacity of the terminal and maintain its excellent productivity rates.

About Gulftainer
Gulftainer is the world's largest privately owned independent port operator. Established in the emirate of Sharjah in 1976, the rapidly expanding ports and logistics company has built up a strong presence in various parts of the world. Gulftainer won the 'Technology Implementation of the Year' category in the Logistics Middle East Awards 2017. In 2016 and 2017, The Seatrade Maritime Awards named Gulftainer the Terminal Operator of the Year in the Middle East, Indian Subcontinent and Africa region.
In the UAE, the company operates three main ports on behalf of the Sharjah Port Authority – Sharjah Container Terminal (SCT) and Khorfakkan Container Terminal (KCT) and Hamriyah Port. Its flagship terminal, KCT, was recognised by the Journal of Commerce as the fastest terminal in the MENA region and the third-fastest in the world.
Outside the UAE, the Gulftainer Group operates and manages ports and logistics businesses in several countries including Iraq (Iraq Container Terminal, Iraq Project Terminal and Umm Qasr Logistics Centre), Pakistan (GTL-MTI), Brazil (Recife Port), Lebanon (Tripoli Container Terminal) and Turkey (Momentum Logistics). In Saudi Arabia, Gulftainer acquired a 51 per cent stake in Gulf Stevedoring Contracting Company (GSCCO) in June 2013, and operates the Northern Container Terminal in Jeddah, Jubail Industrial Port and Jubail Commercial Port. The company's latest facility, Canaveral Cargo Terminal in Florida, USA, opened in June 2015 following the signing of a 35-year agreement that made Gulftainer the first port management company from the Middle East to operate in the United States.
Currently handling an annual throughput of 6.4 million TEUs, Gulftainer aims to expand its global portfolio in the next 10 years to triple business volume worldwide to more than 10,000 vessel calls and triple container handling to 18 million TEUs. 

About GSCCO
Gulf Stevedoring Contracting Company (GSCCO), part of Gulftainer group of companies, was founded in 1985 as a company specialised in the management, operation and maintenance of seaports and airports.
The company is now one of the leading operators in the port services sector currently handling 3 port projects in the Kingdom - Northern Container Terminal (NCT) - Jeddah Islamic Port (JIP), Jubail Container, Bulk & General Cargo Handling project in Jubail Commercial Port (JCP) and Operations & Maintenance Project in King Fahad Industrial Port (KFIP)Project.
Jubail Commercial Port (JCP) is the fastest growing port in Middle East in 2017 and is considered to be the most cost effective ports to serve the construction and food stuff industries. With the fastest crane productivity rates in the Gulf and an import volume growth of 83%, Jubail Commercial Port would have handled about 650,000 TEUs in 2017. With the fastest customs processes in the Kingdom, the terminal calls 10 shipping lines with direct weekly services. The terminal is strategically located at the heart of Jubail industrial facilities providing direct linkage to its customers with global maritime trade. It is positioned just 80 km north of Dammam and with direct inland connections to the Riyadh, providing alternate gateway to the ever growing Saudi Arabian market.
GSCCO also operates two projects in NCT – Jeddah Islamic Port (JIP) and Jubail Industrial Port (JIP) in the King Fahd Industrial Port.

Press Release Date 4 February 2018

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