The global port terminal management and logistics subsidiary of Yildirim Group handled 3.93 million TEUs at its container terminals for the full year in 2016, according to a statement from the company.
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Yilport Holding’s newly acquired TCL terminal in the Port of Lisbon saw volumes tick up 1 percent to 622,000 TEUs in 2016.
Yilport Holding container terminals handled 3.93 million TEUs for the full year in 2016, a 5 percent increase from the previous year, according to a statement from the company.
The global port management and logistics subsidiary of Istanbul, Turkey-based Yildirim Group in early 2016 closed on its 335 million euro (U.S. $374 million) acquisition of the terminal assets of Portugal’s Tertir. The Tertir portfolio included 10 terminals in Portugal, Spain and Peru, five of which are container facilities, bringing Yilport’s total network to 20 marine terminals and six dry terminals.
The former Tertir terminal Port of Paita in Peru handled 113,000 TEUs for the year, a 7 percent increase from 2015, while its flagship terminal in Portugal’s assets, TCL in the Port of Lisbon, saw volumes tick up 1 percent to 622,000 TEUs. Sadoport in Setúbal posted a throughput of 127,000 TEUs in 2016, a 5 percent year-over-year increase.
In addition, Yilport acquired the remaining 20 percent stake in Gävle Container Terminal (GCT) in Sweden, which reported throughput growth of 18 percent to 202,000 TEUs during the year. Yilport’s other Nordic terminal, Sjursøya Container Terminal (SCT) in Oslo, Norway, handled 205,000 TEUs in 2016, a 15 percent jump from 2015 volumes.
Yilport Gebze, the company’s home terminal in Turkey, saw volumes increase 6 percent year-over-year to 400,000 TEUs in 2016.
Robert Yuksel Yildirim, chairman of Yilport Holding, said in a statement the company will continue to grow through both organic and acquisitive means, and looks to become a top-10 global port terminal operator by 2025. Yilport is currently the 15th largest terminal operator worldwide, according to Drewry’s Global Container Terminal Operators Annual Review and Forecast 2016 report.
“The year of 2016 was one of the golden years for Yilport Holding in port industry,” said Yildirim. “We have resolutely implemented both our medium-term and long-term strategic plans. We heavily invested in state-of-the-art technology in superstructure and IT, achieving productivity and efficiency well over the industry average.”