Middle East

Gulftainer plans global expansion

Dubai: Sharjah-based Gulftainer has laid out plans to triple port throughput by 2020 to become a top six global container terminal operator. Gulftainer unveiled a new brand and vision yesterday, outlining plans to invest in a total of 35 terminals across the world, which together could handle around 18m teu. Currently, it has invested in 11 terminals with an expected 2013 throughput of 6m teu.
Gulftainer, which will now go via the brand GT, aims to boost revenues by 500% by 2020.  [16/12/13]

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