October 20, 2014 9:56 AM ET

Marine

Company Overview of GCT Global Container Terminals, Inc.

Company Overview

GCT Global Container Terminals, Inc. operates container terminals in North America. It engages in containerized and general cargo handling. GCT Global Container Terminals, Inc. was founded in 2007 and is based in Vancouver, Canada with container terminals in Vancouver and Delta, Canada; Staten Island, New York; and Bayonne, New Jersey.

375 Water Street

The Landing

Suite 610

Vancouver, BC V6B 5C6

Canada

Founded in 2007

Phone:

604-267-5200

Fax:

604-915-9557

Key Executives for GCT Global Container Terminals, Inc.

Chief Executive Officer and President
Chief Financial Officer
President of Global Container Terminals Canada
President of Global Container Terminals USA
General Counsel and Corporate Secretary
Compensation as of Fiscal Year 2014.

GCT Global Container Terminals, Inc. Key Developments

GCT Global Container Terminals, Inc. Expands Semi-Automated Facility in Bayonne

GCT Global Container Terminals Inc. celebrated the grand opening of its newly expanded, semi-automated facility in Bayonne. Global Terminal will be the most productive marine terminal on the US East Coast once complete in summer 2014. Global Terminal was designed with safety in mind. The semi-automation of container handling combined with the comprehensive training is a major contributor to improved terminal safety and the development of skilled opportunities for the workforce. For customers, innovations implemented into Global's expansion provide carriers the best infrastructure and most reliable technology to service the large vessels transiting the Suez and Panama canals.

Global Container Terminals Announces Management Changes at GCT USA

GCT Global Container Terminals Inc. announced the retirement of James J. Devine, President & CEO of GCT USA, at the end of June. Devine's retirement brings a distinguished 13-year tenure with GCT to a close, where he was instrumental in revitalizing the US operations. The company also announced the appointment of John Atkins to succeed Devine as President of GCT USA, effective July 1, 2014. Currently the Chief Operating Officer for GCT USA, Atkins has held successively senior positions since joining the company in 2002.

Global Terminal Completes Latest of Ten Stacks of Additional Capacity

Global Terminal announced that the latest of ten stacks of additional capacity has been completed on time. Global took delivery of the last 5 of its 20 Rail Mounted Gantry (RMG) cranes last Thursday. The ten stack expansion will more than double the capacity of the terminal to 1.1 million lifts annually, and is slated to be fully operational by the end of this summer. After more than four years of planning and construction, the expanded Global Terminal is now open. Importers and exporters to the New York/New Jersey harbour now have the best Big Ship Ready alternative to service cargo to the region faster, and more efficiently.

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