UAE port container traffic up
Port operator expects to post double digit increases in container volume this year.
June 23, 2010 10:54 by Rasha Reslan
Sharjah ports handled 23 percent more container traffic from January to May than in the same period last year, Zawya.com reported Wednesday.
Gulftainer, the UAE-based port operator, cited quick turnaround times for their success, particularly as other terminal operators around the world showed declines in performance. The company said it handled 1.25 million containers in the first five months of the year, a volume that puts the port on track to post double digit growth in volume, the report said. The increases follow a ten percent rise in container traffic last year, compared with 2008 traffic.
Gulftainer handled 2.75 million TEU (twenty foot equivalent) containers last year, primarily at Khorfakkan Port on the UAE’s east coast and at Khalid Port in Sharjah. Gulftainer’s managing director said that the company was among the few major terminal operators worldwide to register increased performance, advancing in the rankings of the world’s top terminals, Zawya.com said.
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1 Comment
this seems to follow the pattern of increased shipping container sales in many of the world’s ports over the last several months.