Sharjah Update Sharjah business & Investment News from Invest in Sharjah (Sharjah FDI Office)
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Sharjah-headquartered terminal operator Gulftainer has reported that the Sharjah Container Terminal (SCT) handled 400,000 TEUs (20-foot equivalent units) during 2014, recording double-digit growth compared to previous year’s volumes. SCT is managed and operated by Gulftainer on behalf of the Sharjah Port Authority.
The terminal operator credited the arrival of new services throughout the year with boosting throughput, including UASC’s Gulf India Service (GIS1), which now connects Sharjah with Sohar in Oman, Mundra in India and Karachi in Pakistan.
SCT was the first container terminal in the United Arab Emirates, beginning operations in 1976 and has experienced strong growth during the past few years. The terminal has a 750,000 TEU capacity means that it is well positioned for further growth in traffic. SCT introduced an online application last year to help streamline the movement of containers through the port, reducing shipment delivery times for consignees.
Gulftainer, the largest privately owned terminal operator in the Middle East, operates Sharjah Container Terminal (SCT) located at Port Khaled in the heart of the city of Sharjah, Khorfakkan Container Terminal (KCT) on Sharjah’s east coast and an inland container depot on the emirate’s border with Dubai.
The Gulftainer Group is privately-owned by the UAE-based conglomerate Crescent Enterprises and also manages ports and logistics businesses in Pakistan, Brazil, Lebanon, Turkey and Saudi Arabia. Gulftainer’s US subsidiary recently signed a 35-year agreement with Port Canaveral in Florida to operate the port’s new container and multipurpose sea cargo terminal.
Source: Gulftainer
