Venture to Offer Services Including Logistics, Offshore Supply and Bunkering
UAE-based terminals operator Gulftainer and port agency VertomCory have unveiled plans to set up a joint venture (JV) to boost shipping services in the Middle East and the U.S.
The JV is expected to offer a range of services including customs clearance, logistics, offshore supply, consumables, bunkering, ship-to-shore management and diving services. It will also provide insurance, husbandry, hub services and information and documentation management.
The venture is slated to start operations in the UAE before expanding across other Gulf Cooperation Council (GCC) countries, and will target ships owners, charterers and shippers.
“We look forward to working together on delivering this strategic joint venture with VertomCory, which will enhance Gulftainer’s value proposition and further provide a seamless experience to our regional and international customer base,” said Simon Aynsley, chief commercial officer at Gulftainer.
“This partnership will leverage our complementary capabilities and build on our extensive network and experience. The joint venture will be an extension of our existing service offering and deliver additional value to our customers further enhancing Gulftainer’s position as a leading end-to-end supply chain and logistics provider.”
Gulftainer operates in the UAE, Saudi Arabia and Iraq, as well as in the U.S. with its Canaveral Cargo Terminal in Florida. The company is billed as the first and only Middle East-based operator to manage U.S. ports.
Gulftainer will be exhibiting at Breakbulk Middle East 2025.
PHOTO: Gulftainer's Jubail Container Port in Saudi Arabia. CREDIT: Gulftainer
