Gulftainer's subsidiary, the UAE-based Gulf Stevedoring Contracting Company (GSCCO), is planning a $50m expansion in Jubail's Commercial Port (JCP) on Saudi Arabia's east coast. The expansion will include the installation of new equipment, together with the acquisition of new assets that will significantly improve the port's handling capacity.
GSCCO has been collaborating with Saudi Arabia since 2008 and is now one of the major port operators in the country. Through previous expansions, GSCCO has already contributed to increasing Jubail's port capacity from 50,000 twenty-foot equivalent units (TEUs) to 700,000 TEUs.