NON-vessel operating common carrier, CargoGulf, has signed an agreement with MFC Cargo Container Concepts, a division of Modern Freight Company, to lease their containers.
Under the contract, CargoGulf is to boost its number of containers by more than 400 TEUs to facilitate the NVOCC’s growth in the Arabian Gulf and Indian Subcontinent markets.
“Working with a large and strong container provider like MFC Cargo Container Concepts allows us to respond quickly to market demands due to their proximity to our largest market,” said Hans-Henrik Nielsen, CargoGulf global director.
MFC Cargo Container Concepts has been operating a large container depot near Jebel Ali Port for the past quarter of a century.
It is used for sales, leasing and repair of thousands of containers yearly.
The depot is located on a 30,000m2 dedicated plot and can store 7,000 TEUS at any one time.
Modern Freight Company general manager Laurance Langdon, said MFC Cargo Container Concepts works with some of the top names in the industry.
“We are excited to partner with CargoGulf to provide them with high quality containers to help drive their business growth,” Mr Langdon said.