2017 March 9 17:36

Yilport Holding posts 2016 results

The portfolio of Yildirim Group reached 20 marine terminals and 6 dry terminals across the globe with huge business results in 2016. Yilport’s container terminals reported 5% year-on-year volume growth to 3.93 million TEU on the equity basis.

Yilport Holding reported a 5% year-on-year increase in container throughput for the full year of 2016, led by its 10 container handling terminals in Turkey, Scandinavia, Iberia, and Latin America. Gross volume for Yilport increased to 3.93 million TEU in 2016, displaying 5% increase on 2015 volume.

Yilport’s marine terminals portfolio includes 5 terminals in Turkey, 7 in Portugal, 2 in Sweden, 2 in Spain, 1 in Norway, 1 in Malta, 1 in Peru, and 1 in Ecuador. In addition, Yilport’s dry terminals portfolio includes 3 in Gebze, and 2 in Gemlik in Turkey, and the Stockholm Nord Dry Terminal in Sweden. Yilport Gebze, Yilport’s home terminal in Turkey, recorded 400,000 TEU for 2016 that reflects 6% increase on 2015 volume.

Yilport’s Nordic terminals displayed strong growth after the company acquired the remaining 20% shares in the Gävle Container Terminal (GCT) in Sweden. GCT recorded 202.000 TEU, showing a sharp 18% growth on 2015’s 172.000 TEU throughput. Yilport’s second container terminal in Scandinavia, Sjursøya Container Terminal (SCT) in Oslo, Norway also recorded 205.000 TEU gross handling after Yilport takeover, 15% higher than 2015 volume of 179.000 TEU.

In the first days of 2016, Yilport took over Tertir’s portfolio of 10 ports, 5 of which are container terminals. After Yilport acquisition, Port of Paita in Peru recorded equity-based 113.000 TEU for 2016, 7% higher than 2015 volume. The flagship terminal among Portuguese assets, TCL in Port of Lisbon recorded 622.000 TEU, 1% over 615.000 TEU throughput in 2015. Sadoport in Setúbal recorded 127.000 TEU in 2016, 5% higher compared to 120.000 TEU in 2015.

Yilport owns 50% shares in Malta Freeport (MFTL), which recorded 1.55 million TEU equity-based volume in 2016. The throughput is 1% higher than 1.53 million TEU recorded in 2015.

Yilport’s consolidated annual handling capacity is calculated over 10 million TEUs in containers, 22 million tons of dry bulk and general cargo, 2.15 million cubic meters of liquid cargo, and RORO capacity of 850,000 CEUs.