21SEP2018 - NEWS - UAE based port operator Gulftainer inks 50-year lease agreement to operate Port of Wilmington

UAE based port operator Gulftainer has recently signed a concession agreement with the US state of Delaware to operate the Port of Wilmington for a period of 50 years. As part of the agreement, Gulftainer will invest up to $600m in the port to upgrade and expand the terminal. Gulftainer plans to further develop all the cargo terminals at the port to improve the facility’s overall productivity.
 

Published by Editor - www.Livebunkers.com at 21-Sep-2018 06:20:40 [UTC] , contact editor at editor@livebunkers.com