{"id":75019,"date":"2023-11-21T00:00:00","date_gmt":"2023-11-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/11\/21\/gulftainer-extends-concession-agreement-for-sharjah-and-khorfakkan-terminals\/"},"modified":"2023-11-21T00:00:00","modified_gmt":"2023-11-21T00:00:00","slug":"gulftainer-extends-concession-agreement-for-sharjah-and-khorfakkan-terminals","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/11\/21\/gulftainer-extends-concession-agreement-for-sharjah-and-khorfakkan-terminals\/","title":{"rendered":"Gulftainer extends concession agreement for Sharjah and Khorfakkan terminals"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Gulftainer reboots concession agreement for Sharjah + Khorfakkan terminals:<\/strong>Sharjah-based ports and terminal operator <a target=\"_blank\" href=\"https:\/\/www.gulftainer.com\/\" style=\"\" rel=\"noopener\">Gulftainer<\/a> has extended its concession agreement with <a target=\"_blank\" href=\"https:\/\/sharjahports.gov.ae\/\" style=\"\" rel=\"noopener\">Sharjah Ports, Customs and Free Zones Authority (SPA)<\/a> for two terminals in the UAE for a further 35 years, according to a <a target=\"_blank\" href=\"https:\/\/www.gulftainer.com\/press-release\/sharjah-ports-customs-and-free-zones-authority-and-gulftainer-extend-concession-agreements-further-enhancing-the-five-decade-strategic-partnership-with-the-emirat\/\" style=\"\" rel=\"noopener\">press release<\/a>. The agreement will allow Gulftainer to manage, operate, and develop <a target=\"_blank\" href=\"https:\/\/www.gulftainer.com\/terminals\/uae\/sharjah-container-terminal\/\" style=\"\" rel=\"noopener\">Sharjah Container Terminal (SCT)<\/a> and <a target=\"_blank\" href=\"https:\/\/www.gulftainer.com\/terminals\/uae\/khorfakkan-container-terminal\/\" style=\"\" rel=\"noopener\">Khorfakkan Container Terminal (KCT)<\/a> well into the century. Gulftainer and SPA\u2019s partnership goes back five decades, the statement added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Gulftainer and the terminals:<\/strong> Gulftainer was established in 1976 to operate the newly built SCT and later expanded to operate KCT and other port facilities in the UAE, Iraq, KSA, and the US, according to the <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/1045.pdf\" style=\"\" rel=\"noopener\">company\u2019s brochure (pdf)<\/a>. SCT handles container, bulk, Ro-Ro and general cargo shipments for the UAE. KCT leverages its strategic position on the Indian Ocean beyond the Strait of Hormuz to service east-west shipping routes in addition to the GCC market, the statement also said. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gulftainer will operate two terminals in Sharjah for another 35 years<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[190],"tags":[17,44,123,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-75019","post","type-post","status-publish","format-standard","hentry","category-shipping-maritime","tag-enterprise-logistics","tag-investment-watch","tag-shipping-maritime","tag-uae","wpautop","entry"],"acf":{"mongo_id":"633ab0a5-8c63-414d-b755-5788e8cb4220","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/11\/1040.jpg,https:\/\/www.gulftainer.com\/press-release\/sharjah-ports-customs-and-free-zones-authority-and-gulftainer-extend-concession-agreements-further-enhancing-the-five-decade-strategic-partnership-with-the-emirat\/","photo_position":"above","homepage_title":"","full_issue_title":"Gulftainer extends concession agreement for Sharjah and Khorfakkan terminals","related_issue":[75014],"teaser":"Gulftainer will operate two terminals in Sharjah for another 35 years","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.2697bbdc-1228-4527-a25a-54243b74b962.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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