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Richards said 2012 was a positive year and the company is confident to record strong growth in 2013. The consistent organic growth of Gulftainer is the largest of any Middle East port operator, with trade volumes more than tripling in the past decade. “Both terminals — the Khorfakkan Container Terminal [KCT] and the SCT — performed exceptionally well in 2012 and have seen increase of 28 per cent in cargo volumes. Whilst Khorfakkan serves the region at large, Sharjah provides a very specialised and valuable service for businesses in Sharjah and neighbouring emirates.” “Over the past few years, we have continuously grown at a stronger rate than the global market average. With new contracts recently confirmed, including at the Port of Tripoli, we would anticipate that company growth in 2013 will be strong and over 18-20 per cent for containerised traffic alone. We expect much stronger growth for non- containerised traffic especially in Brazil and Iraq,” he added. In reply to a question, he said the SCT is now hosting berths of a depth of 12.5 metres and 180,000 square metres of storage, with additional storage facilities planned for 2013. About Khorfakkan, he said a new container freight station has been created for additional container packing and unpacking services, with additional handling equipment to support these activities. “At Khorfakkan, there has been a recent multi -million dollar investment in ship-to-shore cranes, reachstackers, tugmaster and trailer combinations. Terminal layouts have been reviewed and revised to ensure the best use of space and facilities,” he added. In reply to a question, he said Hanjin- NYK FMX and CSAV Norasia’s Galex services were additional services secured in 2012, with all now calling at the KCT. “We have long standing relationships many of the world’s major shipping lines, including but not li mited to CMA- CGM, UASC, MSC, Hanjin, China Shipping and Maersk Line.” He said the introduction of ultra-large container carriers that can be handled at the KCT was a key reason for Gulftainer’s success in 2012. “In January 2013, our KCT team handled the CMA CGM Marco Polo, presently the world’s largest container ship at 16,020 TEUs, in record time.” He said Sharjah continues to grow in terms of its position as a business hub for the UAE, particularly within the industrial sector. Sharjah houses 29 per ce nt of the UAE’s industrial industry companies, and contributes eight per cent of the UAE’s non -oil gross domestic production. “Gulftainer has always been proud to have its roots in Sharjah and contribute to its growing economy.” UAE SHIPPING STAYS BUOYANT Richards said the UAE’s shipping industry has generally been buoyant, largely due to the country’s position as an international business hub and with a significant volume of cargo being transported through its ports.
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