Gulftainer appoints new Commercial Director

20 Mar 2012

Gulftainer, the largest privately owned port operator in the world based in Sharjah, has recently appointed Jay New as its new Commercial Director. Jay will be based in the Sharjah headquarters, overseeing and progressing the company's commercial operations in the region and worldwide.

Jay has worked in the ports, shipping and logistics field for over 20 years and brings with him an abundance of knowledge gained from across the entire transport supply chain. He holds an Honours Degree from the University of Leeds as well as being a graduate from the London Business School in the UK.

Jay spent 10 years with Maersk Line working as both Line Manager for 4 major global traders and then as a Managing Director of a Maersk Line Shipping Agency and Logistics business. Jay left Maersk Line in 2007 and moved into the port industry working for Hutchison Port Holdings, where his most recent position was as Chief Representative for the Africa region. Jay's background will allow him to grow the existing business within the current Gulftainer portfolio and to work on increasing the presence of Gulftainer in business ventures across the globe.

With a strong commercial background and experience in contract negotiations and competitive analysis, Jay has been responsible for setting the strategic direction and targets of organizations, in addition to managing overall performance.

Gulftainer has been able to maintain a strong position in the UAE through its ports at Sharjah and Khorfakkan, and in recent years it has invested in Iraq and Brazil. This trend is expected to continue and Jay is already working on many opportunities where Gulftainer will bring its experience in pure container management, but also in the development of multipurpose ports into modern functioning facilities.

Peter Richards, Gulftainer MD, said: "In keeping with our growing operations and expansion in the region and beyond, we are delighted to appoint Jay as Commercial Director at Gulftainer, with responsibility for all commercial activities within the company. Jay has a wealth of experience in international shipping and logistics and brings with him a range of skills and expertise that will enable him to empower the team in pursuit of a clear and positive strategy."

"I am delighted to have joined Gulftainer at such an exciting time in the company's history," said Jay "They have an incredible reputation for excellent service and productivity around the region and I am looking forward to taking that reputation onto the global stage."

Gulftainer Group has been operating in the UAE and around the world for over 35 years. In the UAE it operates three main UAE ports: two on behalf of the Sharjah Port Authority - Sharjah Container Terminal (SCT) and Khorfakkan Container Terminal (KCT); and one in Ruwais, Abu Dhabi, on behalf of the international plastics solutions company, Borouge.

Gulftainer also operates and manages a number of projects and investments in several countries, including Iraq, Pakistan, Brazil, Africa and Turkey with other ventures worldwide currently being investigated. Gulftainer's logistics subsidiary, Momentum Logistics, was established in 2008 to take over the group's transportation and logistics operations and has offices throughout the Middle East.



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