After adding three new services in the first quarter of the year - two at Khorfakkan Container Terminal (KCT) and one at Sharjah Container Terminal (SCT) - Sharjah-based Gulftainer achieved record volumes at the two terminals in April, experiencing its highest ever monthly throughputs.
This followed two successive years when both terminals experienced significant growth of around 10% per annum; the company is anticipating further successes in 2011.
Speaking of the achievement, Gulftainer Group managing director, Peter Richards, said, “We had a good start to the year and these record-breaking April volumes are further confirmation that the regional economies are expanding, particularly with the upsurge in investments in infrastructure and development in recent months”.
According to the company, SCT has had record volumes every month this year, all of which destined for the local market. “The evidence seems to suggest that the UAE business environment is improving, particularly in Sharjah and the Northern Emirates. We are confident that 2011 will be an excellent year for the region and business will continue to grow,” added Richards.
(Source:http://www.container-mag.com)