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Kuwait's container terminals continue to make strides, reporting exceptional full year 2006 statistics, according to the Kuwait Port Authority (KPA).
There has been year on-year-growth since 1995 with a marked increase each year since the year 2000, when 307,795 TEU (twenty-foot equivalent units, or standard shipping containers) were handled. Last year, the combined cargo through the terminals at Shuwaikh and Shuaiba reached 753,334 TEU.
The Sharjah-based port management company Gulftainer, which also operates Khorfakkan container terminal in the UAE, have a team working in Kuwait with KPA to improve container handling facilities in the country.
"Improvements in efficiency and operational performance enabled the combined terminals to handle record breaking throughputs in 2006," explains Ted Malone, manager, Gulftainer Kuwait in reference to KPA's achievement.
This year has also seen improved throughput for Kuwait's ports, with early indications suggesting an overall higher growth rate. The first quarter figures are 15% higher in terms of container moves, and 19% higher in TEUs than the same period in 2006. The Kuwaiti economy is rapidly expanding, with the ports in particular benefiting from their strategic location as cargo gateways into Iraq.
Plans initiated by KPA have already been made for expanding the container handling capabilities to cater for future cargo increases. "New gantry cranes and yard equipment, redevelopment of stacking areas, and installation of enhanced computer systems are all in the pipeline, in addition to the deepening and widening of the approach channel to allow larger ships to use the terminals," explains Malone.
I totally agree with Akbar Al Baker. Trade unions were created with splendid ideas then became political entities and take sides regardless of logics.... more
Friday, 17 May 2013 7:05 PM - N.S.It is so sad to see Kuwait deteriorate in this way...can it not learn for its neighboring countries such as UAE and Qatar. So what are the values that... more
Saturday, 18 May 2013 8:47 PM - MikeYes - you're missing something. There was already at least one loan on the property of $700m plus Kerzner's 50% stake of $250m and Istithmar's $250m stake... more
Saturday, 18 May 2013 7:18 PM - Jerry YamateOh Come on ...guys, I wonder how come this news became the most commented news headline...this isn't a social issue at all, this is just a news about... more
Saturday, 18 May 2013 4:56 PM - BaijuIslam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more
Tuesday, 14 May 2013 9:58 AM - graemeWorkers rights - there are none anywhere in the Gulf and I have been here over 20 years. You are still merely a 'temporary expatriate worker' whether ... more
Monday, 13 May 2013 9:40 AM - StevenOh Come on ...guys, I wonder how come this news became the most commented news headline...this isn't a social issue at all, this is just a news about... more
Saturday, 18 May 2013 4:56 PM - BaijuIslam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more
Tuesday, 14 May 2013 9:58 AM - graeme
Who cares.......the most powerfull Arab is this NEWS
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