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Logistics firm sees 15% rise in business amid global crisis

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Thursday, 08 January 2009
PORT POWER: Gulftainer says it has seen a 15 percent increase in handling volume in 2008. (Getty Images)
PORT POWER: Gulftainer says it has seen a 15 percent increase in handling volume in 2008. (Getty Images)

UAE-based Gulftainer claims the economic crisis has not affected its logistics handling business at local ports in 2008.

The port management and logistics company said volumes at Khorrfakkan Container Terminal and Sharjah Container Terminal (SCT) grew 15 percent compared with 2007.

Peter Richards, group director and general manager of Gulftainer, said the company hoped for continued growth this year, reported news agency WAM.

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The company has been operating in the UAE since 1976. Its Khottfakkan Container port is located on Sharjah’s Indian Ocean coast near the east-west shipping routes.

The SCT lies adjacent to Sharjah’s industrial area and handles containers for 30 shipping lines.

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