Logistics firm sees 15% rise in business amid global crisis

Sharjah-based Gulftainer chief aims for continued growth at UAE ports in 2009.
Logistics firm sees 15% rise in business amid global crisis
By Rob Morris
Thu 08 Jan 2009 12:22 PM

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.

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.

For all the latest transport news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.