Yilport on a Growth Course

Port and terminal operator Yilport Holding, part of Yildirim Group, recorded a 9% year-on-year increase in container volumes in 2017.

Volumes rose to 4.3 million TEU in 2017 from 3.93 million TEU handled in 2016.

As explained, the increase was led by Yilport’s ten container handling terminals in Turkey, Scandinavia, Iberia and Latin America.

In Turkey, the volume increase was attributed to strong exports. Yilport Gebze, the company’s home terminal, recorded 501,284 TEU for 2017, reflecting 26% YOY increase. Gemlik and Gemport terminals also closed 2017 with record-breaking volumes.

Yilport’s Nordic terminals handled 13% more cargo in 2017 due to strong Swedish exports. In addition, the terminals absorbed volume from competitor’s corridors during labor disputes, Yilport said.

In Yilport’s Iberian terminals, volumes surged by 5.8%.

What is more, the company’s Latin America terminals displayed a 22.6% YOY growth.

Yilport also owns a 50% stake in Malta Freeport whose throughput rose by 2% to 1.75 million TEU in 2017.

The company revealed that 2018 will be the year of Yilport Turkey with a focus on development projects to increase its operational efficiency.

“The year is expected to be bright in both container and general cargo volumes as regards to the consolidations of the alliances and increasing demand for the general cargo flow across Turkey,” Yilport concluded.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >

MARITIME INDUSTRY 2020

The future of the maritime sector is the point of focus during Maritime Industry 2020.

read more >