The world’s larger independent port operator, Gulftainer, has revealed Charles Menkhorst as its new CEO.
Gulftainer’s former CEO Peter Richards will continue to serve on the company’s board and lead the expansion of the company’s footprint in the US as CEO of GT USA.
In his new role as CEO of Gulftainer, Menkhorst is tasked with oversight of the strategic growth of the company, which currently operates and manages ports and logistics businesses in its home base in the UAE, and internationally across Iraq, Lebanon, Saudi Arabia and the USA.
Badr Jafar, chairman of Gulftainer and CEO of Crescent Enterprises, said: “Charles Menkhorst brings a wealth of supply chain experience with him, which will prove invaluable in driving Gulftainer into its next chapter of growth. Charles will also lead Gulftainer’s digital transformation strategy and the development of sustainable infrastructure across our operations globally.”
Peter Richards, CEO of GT USA, said: “Charles Menkhorst joins us with a proven track record in supply chain and ports management. I am confident in his credentials and ability to lead Gulftainer’s global mission, cementing our position as one of the world’s most productive port operator and third-party logistics provider. I would like to reiterate my gratitude to Gulftainer’s shareholders and Board of Directors for their unwavering trust in my role over the years since I joined Gulftainer in 1987. I look forward to a new chapter of expansion and growth for Gulftainer in the USA and globally.”
On assuming his role as Gulftainer’s new CEO, Menkhorst commented: “Gulftainer is entering an exciting phase of development. We have a team of empowered professionals who are ready to write the next chapter of Gulftainer’s globalization, thereby focusing on existing and new geographies and developing new services to deliver world-class maritime supply chain solutions to our clients.”
With over 25 years of experience in the international maritime industry, Charles Menkhorst has served in several key roles for international conglomerates DHL Worldwide Express and APM Terminals. His previous role was Group CEO at Luxemburg-based ports infrastructure group Euroports.