the terminalista society Gulftainer, that it takes part of the Crescent Enterprises group and that has center to Sharjah in the United Arab Emirates, has acquired 51% of the capital stock of the Saudi Gulf Stevedoring Contracting Company (GSCCO), company that work terminal in the three Saudi ports of Dammam, Jeddah and Jubail.

Gulftainer has emphasized as the acquisition allows with the society to become the main harbour operator of the Middle East like number of terminals managed in the region operating 40% of all main the container terminals of the Middle East that are able to receive portacontenitori ships of the ability at least 12,000 teu.

With the Gulftainer transaction obtains the control of the terminal for Northern containers Container Terminal (NCT) of the port of Jeddah let alone of the harbour areas of Jubail: Jubail Commercial Port (JCP) and Jubail Industrial Port (JIP). In the United Arab Emirates the Gulftainer group manages terminal in the ports of Khor Fakkan (Khorfakkan Container Terminal), Ruwais and Sharjah (Sharjah Container Terminal); moreover the group is present in the Iraqi port of Umm Qasr and the Brazilian port of Recife and other harbour structures estere.