THE Saudi arm of UAE port operator Gultainer is spending US$50 million on new equipment and other assets to raise capacity at the Persian Gulf's Jubail Commercial Port, reports Bahrain's Gulf News.
The project will be supervised by Gulf Stevedoring Contracting Company (GSCCO). It involves dredging up to 14 metres, 'employing and training young saudis in key positions and revamping the port's IT system'.
This will help raise Jubail port's export and import operations. These are projected to contribute to Jubail's GDP by more than $100 million.
The arrival of the new equipment - including three super postpanamax quay cranes, five rubber tyre gantries, and 18 reefer gantries - increased the handling capacity of the port by up to 1.8 million TEU.
This will help the port handle the one million TEU export market in the province, and prepare for the upcoming growth in the polymers expansion and general cargo imports for the oil and gas sector.
Currently, the Jubail port has quay crane rates of more than 35 moves per hour (MPH) for containers, 'making GSCCO one of the most productive terminal operators in the Gulf'.
Currently, the port has quay crane rates of more than 35 moves per hour (MPH) for containers, making GSCCO one of the most productive terminal operators in the Gulf region.
SeaNews Turkey
The project will be supervised by Gulf Stevedoring Contracting Company (GSCCO). It involves dredging up to 14 metres, 'employing and training young saudis in key positions and revamping the port's IT system'.
This will help raise Jubail port's export and import operations. These are projected to contribute to Jubail's GDP by more than $100 million.
The arrival of the new equipment - including three super postpanamax quay cranes, five rubber tyre gantries, and 18 reefer gantries - increased the handling capacity of the port by up to 1.8 million TEU.
This will help the port handle the one million TEU export market in the province, and prepare for the upcoming growth in the polymers expansion and general cargo imports for the oil and gas sector.
Currently, the Jubail port has quay crane rates of more than 35 moves per hour (MPH) for containers, 'making GSCCO one of the most productive terminal operators in the Gulf'.
Currently, the port has quay crane rates of more than 35 moves per hour (MPH) for containers, making GSCCO one of the most productive terminal operators in the Gulf region.
SeaNews Turkey