Gulftainer unit to develop, operate US port

Dubai

Gulftainer, a port operator and logistics company, has said that the US Federal Government has completed a review of a deal that grants a Gulftainer subsidiary the rights to operate and develop a port in Delaware.

The deal allows GT USA Wilmington rights in the state for the Port of Wilmington for 50 years.

The announcement follows an earlier preliminary deal between Gulftainer and the State of Delaware to grant GT Wilmington the exclusive concession rights.