Sharjah-based port operator Gulftainer has announced that it has opened berth 8 at Umm Qasr port in Iraq, according to a report from MEED.
In September, the firm expects to introduce two mobile harbour cranes designed to handle all forms of cargo, that will ensure high efficiency at the berth.
In February, the firm won the concession to operate berth 8 and has since been renovating it.
Gulftainer later won the concession to operate two more berths at the port. It will take over the completion of berths 10 and 11 as they are currently only half complete. Once the berths are finished, Gulftainer will order gantry cranes with the aim of starting operations one year later.
As we previously reported, Gulftainer's Momentum Logistics unit has opened a branch in the northern city of Zakho. The company also sponsors Basra's Al Mina’a Football Club.
Gulftainer was established in 1976 in the Emirate of Sharjah, in the United Arab Emirates.
(Sources: MEED, Gulftainer)
Upper Quartile view:
Gavin Jones, of Upper Quartile, commented: Excellent to see Gulftainer in here - they first came in to see the lie of the land almost 2 years ago with Upper Quartile on a trade mission in 2008; now 18 months later they are there and investing, wonderful! Umm Qasr will be pivitol in the development of Basra - the French are in there, Middle East companies investing away ...... even the Italians; Where are the Brits?