Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

GSCCO’s NCT Jeddah passes 20m teu milestone

GSCCO’s NCT Jeddah passes 20m teu milestone
Saudi Arabia’s Gulf Stevedoring (GSCCO) has passed the 20m teu milestone for containers handled at Jeddah Islamic Port’s Northern Container Terminal (NCT).

GSCCO is owned by UAE-based Gulftainer, believed to be the world’s largest privately-owned, independent port operator.

GCSSO claims a market share of almost 50% at NCT. It also owns Jubail Commercial Port, making it the largest terminal operator in the kingdom.

“We could not have reached such a milestone without our clients and I would like to thank you all for your confidence and support in handling your cargoes through NCT over the years,” said Flemming Dalgaard, ceo, Gulftainer.

“I would also like to thank all the government agencies of Saudi Arabia for their cooperation and support in realising this success in Jeddah Islamic Port.”

Gulftainer took a 51% stake in GSCCO, now in business three decades, in 2013, joining original founders, Atheeb Holding Company and Kuwait’s KGL, in the venture.

Gulftainer also operates ports and logistics concerns the Iraq Container Terminal, the Iraq Project Terminal and Umm Qasr Logistics Centre in Iraq, Karachi in Pakistan, Recife in Brazil, Tripoli in Lebanon, and Canaveral Cargo Terminal in Florida, US, latest facility to begin operations last June.