Breaking News

EXPANSION OF JUBAIL COMMERCIAL PORT PAVES THE WAY FOR A GREENER, SAFER, AND MORE COST-EFFICIENT TRANSPORT OPTION. 

November 23, 2021
finance & economy

$50 million upgrade enables the entire Eastern Province export market to ship through Jubail port

Gulf Stevedoring Contracting Company (GSCCO), part of the Gulftainer group of companies, has announced enhancements to Jubail Commercial Port. With the completed upgrades, the port now has the capacity to process 1.8 million twenty-foot containers (TEU's) per year.

By increasing export volumes in Jubail, The Kingdom of Saudi Arabia exporters will have the ability to directly reduce carbon emissions. According to the World Economic Forum, moving cargo by truck accounts for approximately 25 percent of global transport emissions. Although 60 percent of containers processed by cargo operators in the Jubail region are currently moved via the port, the remaining 40 percent is transported via the Dammam highway. Exporters with ambitious carbon neutrality goals can take an average of 101 km off the road with each container moved over Jubail.

Congestion and traffic accidents on the highway frequently delay access to the Eastern Province and congest the surrounding hinterland. By upgrading Jubail's throughput capabilities, cargo owners will be able to directly improve road safety and ensure the integrity of KSA's critical oil and gas supply chain.

Jason French, Managing Director of GSCCO, said: As we upgrade the Jubail Commercial Port, we continue to work with the Saudi Ports Authority, Mawani, and other key stakeholders, including SABIC and Sadara, to divert the transportation of containers to the port. GSCCO is committed to the principles outlined in the Saudi Vision 2030 and the Saudi Green Initiative, under the patronage of HRH Crown Prince Mohammed bin Salman, to offset the impact of fossil fuels and reduce adverse effects on the climate. According to our in-house experts, moving containers by truck to Dammam instead of using the local Port of Jubail accounts for the emission of 26.1 million kilograms of carbon per annum. It clearly makes economic and environmental sense to transport goods via Jubail Port.

Strategically located, this multipurpose port can handle container, bulk, and general cargo and is critical to the economic development in the Kingdom of Saudi Arabia.

About GSCCO

Founded in 1985, the Gulf Stevedoring Contracting Company (GSCCO) is one of the most notable port operators in Saudi Arabia. Based in the heart of the Berry Oil Field in Jubail, the company has a history of over 35 years of managing 14 port concessions.

GSCCO is an expert in providing efficient supply chain solutions, making it a leading figure in the KSA maritime port sector. It is the only terminal operator in the country that has handled over 35 million TEUs and 10 million tonnes of general cargo.

In 2013, GSCCO became part of Gulftainer group, one of the leading privately owned and independent terminal operators in the world, which is based in Sharjah, UAE. For more information on GSCCO, visit https://www.gulfstevedoring.com/website/

About Gulftainer

Established in 1976, Gulftainer is a privately owned, independent port management and 3PL logistics company based in the United Arab Emirates (UAE) and for more than 45 years it has been delivering a world-class performance to its customers. Its global footprint including operations in the UAE, Iraq, Saudi Arabia, and the USA.

Gulftainer is excited to create an open, collaborative platform to lead the port industry’s revolution, engaging startups, entrepreneurs, and other stakeholders to create the future of the ports and logistics industry. For more information on Gulftainer, visit www.gulftainer.com

For further information please contact:

Gulftainer

Global:

Neena Dominic, Gulftainer Communications

(M) +971 50 2861274 (E) communications@gulftainer.com

US:

Kathryn Bradley, Gulftainer Communications

(M) +1 302 354 4096 (E) communications@gulftainer.com

Top News



finance & economy

UAE foreign trade over five decades tota...
December 6, 2021
UAE's strategy for cultural and creative...
December 6, 2021
UAE's new strategy for creative industry...
December 6, 2021