Business & Money | Sunday 15 May, 2016 2:59 pm |

Gulf Stevedoring (GSCCO), celebrated the handling of 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

 

Thursday’s event was attended by His Excellency Dr Nabeel Al Amoudi, President of the Seaports Authority, Captain Abdullah Bin Awad Al Zami, Director General of Jeddah Islamic Port, along with several government representatives and representatives from shipping lines, agencies and trade organisations.

 

Speaking at the event, Flemming Dalgaard, CEO of Gulftainer said: “We are very proud to be celebrating Gulf Stevedoring’s momentous achievement today. We could not have reached such a milestone without our clients and 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.”

 

He added: “Gulf Stevedoring is committed to serving our partners in the years to come, to further progress the development of high quality operations in Saudi Arabian ports and maintain continued success for the lines and customers using them.”

 

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.

 

Gulftainer became a majority shareholder in Gulf Stevedoring in 2013, joining the partnership with ATHEEB Holding Company and KGL, the original founders of the company.