Yilport’s Global Volumes Continue Growing in 2018

Gebze Terminal, TurkeyImage Courtesy: Yilport Holding

Turkish port operator Yilport Holding delivered a “golden year” as its business results and volumes continued growing in 2018.

The company’s worldwide terminals handled 6.41 million TEU containers in 2018, reporting 5% year-on-year volume growth compared to 6.11 million TEU reported in 2017.

The main drivers of growth were Turkey’s growing seaborne trade and the Latin American region.

In 2018, Yilport Holding terminals around the globe also recorded 11.86 million tons of general cargo volume, 444,973 CEU ro-ro operations, and 3.51 million cubic meters of liquid cargo volume.

In Turkey, the container volume increase was driven by the strong export performance of the Turkish economy. Yilport Gebze and Yilport Gemlik terminals each recorded a volume rise of 11% year-on-year, handling 554,223 TEU and 524,652 TEU, respectively.

Yilport Puerto Bolívar in Ecuador, the one and only deep-sea container terminal of the country, helped boosting Latin American container handling to 380.276 TEU, displaying 23% growth compared to 2017.

Nordic container terminals also added to the overall growth as the company’s terminal portfolio in Sweden and Norway grew by 2% to 474.535 TEU compared to 2017 volumes. General cargo in the region were up by 8% at 2.22 million tons.

Container volume was flat in Iberian terminals, while the leading terminal of the Iberian portfolio Yilport Leixões closed 2018 with 660,835 TEU, recording 6% growth. Consolidated general cargo grew by 5% to 4.15 million tons in Yilport’s Iberian portfolio.

Yilport also owns 50% shares in Malta Freeport (MFTL), which recorded 3.31 million TEU volume in 2018.

The company said it closed in on its target to rank among top 10 international container terminal operators by 2025 as it was listed in the 12th place, according to 2018 Drewry’s Global Container Terminal Operators Annual Review and Forecast Report.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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 31 1 2 3 4 5

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 >

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >