Gulftainer and VertomCory Partner to Form Strategic Shipping Joint Venture

Sharjah, United Arab Emirates, 13 November 2024: Gulftainer, a leading international ports and terminals operator and, supply chain and logistics solutions provider, together with VertomCory, a global port agency company providing worldwide services to the shipping and logistics sector, announced yesterday their intention to form a strategic shipping joint venture in the Middle East and USA.

The aim is to provide a wide range of services. These will include vessel and port agency services, customs clearance, logistics, offshore supply, consumables, bunkering, ship-to-shore equipment, and diving services. Additionally, the joint venture will offer insurance, husbandry, hub services, as well as information and documentation management. This shipping agency will look to start operations in the UAE, with a progressive expansion plan across other GCC countries, providing innovative digitally-led services to ship owners, charterers and cargo owners.

The announcement was made by Gulftainer and VertomCory during a reception event at the Sofitel Dubai Jumeirah Beach Hotel, Dubai, UAE – attended by 120 regional and international customers from both companies. Peter Wilson, CEO of VertomCory and Simon Aynsley, Chief Commercial Officer (on behalf of Peter Richards, Group CEO of Gulftainer) highlighted the advantages of working with the new shipping agency.

Simon Aynsley, Chief Commercial Officer of Gulftainer, said: “We look forward to working together on delivering this strategic joint venture with VertomCory, which will enhance Gulftainer’s value proposition and further provide a seamless experience to our regional and international customer base. This partnership will leverage our complementary capabilities and build on our extensive network and experience. The joint venture will be an extension of our existing service offering and deliver additional value to our customers further enhancing Gulftainer’s position as a leading end-to-end supply chain and logistics provider.”

Peter Wilson, CEO of VertomCory, said: “We are pleased to join forces with Gulftainer in this strategic partnership, which will significantly strengthen our presence in the Middle East market. Gulftainer’s strong local expertise combined with VertomCory’s innovative solutions creates a powerful synergy that allows us to better serve our clients and accelerate growth in this dynamic region.”

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