Middle East – Page 23
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Expansion at Beirut
The Lebanese government will issue a tender by the end of April for a $120m expansion of the port of Beirut. Work is due to take no more than 30 months and will boost capacity to 450,000 teu. A new 40,000 sq m piece of land will be reclaimed, increasing ...
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Congestion haunts Jeddah
Jeddah Islamic Port is currently experiencing very high levels of congestion, prompting some vessels to bypass the city and use regional alternatives. Importers are being offered an exemption from berthing fees due to delays.
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DP World remains profitable
DP World reported profits in 2008 of $621m, an increase of 48%. Revenue went up 20% to $3.23bn, while throughput rose 15% to 27.7m teu. Cash generated by operations rose 12% to $1.06bn.
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NewsGulftainer increases capacity
Gulftainer, operator of the container terminals at Sharjah (SCT) and Khorfakkan (KFT), is to boost combined capacity to 4m teu by the end of this year.
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Jebel Ali T2 to open
Jebel Ali port opened Terminal Two at the end of February, adding an additional 5m teu capacity, and upping the port''s overall capacity to 14m teu. In 2012, DP World will also open a new port at Taweelah.
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APL and Salalah team up
Shipping line APL and Oman''s Port of Salalah have joined forces to operate a new two-berth container terminal.
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TICT transhipment coup
Tartous International Container Terminal has been granted permission to handle transhipment traffic, a first in Syria.
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Itanian states backs port investment
Approximately $3.3bn has been invested in Iranian ports in recent years, claims the country''s Ports and Shipping Organisation.
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Doha to have Dutch design
The new Doha Port in Qatar is to be designed through a partnership between WorleyParsons Qatar WLL and Royal Haskoning, which will develop the port''s master plan and full engineering design.
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Gulftainer shows 2008 growth
Volumes at Gulftainer''s terminals in the United Arab Emirates - Khorfakkan Container Terminal and Sharjah Container Terminal - grew by over 15% in 2008, reaching 2.5m teu.
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Sohar bulk jetty to go ahead
Expressions of interest have been invited for companies interested in building a deep water bulk jetty at the Port of Sohar in Oman. The jetty will be 600 metres long and connected by a 700 metre long trestle to the existing breakwater.
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Easing congestion
Congestion was an issue at DP World''s flagship terminal at Jebel Ali for part of last year, but the company says the problems were resolved by a series of initiatives - including expanding yard capacity, working with customers to manage berthing times, and increasing storage fees to "encourage" shippers to ...
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NewsDP World set to cut costs
One of the largest global terminal operators, DP World, has just confirmed that although it increased throughput by 8% over 2007, it is preparing to cut costs and minimise cash outflow.
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Algerian agreements
DP World signed agreements with the Algerian government in November, to take over the operation of the ports of Algiers and Djen-Djen.
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NewsLondon Gateway under way
DP is starting work on the biggest development within the Port of London for more than 100 years. The 1,500 acre London Gateway will combine a fully automated deepwater container terminal and Europe''s largest logistics park.
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NewsDP upbeat on Aden
Expansions into Yemen and Algeria in recent months have taken DP World''s network to a total of 48 terminals in 27 countries. Felicity Landon finds out about the latest moves
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Strike greets DP World handover at Aden
DP World has now officially taken over management of box handling at the Port of Aden under a joint venture with the Yemen Gulf of Aden Port Corporation.
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DP World unfazed by economic downturn
DP World says that the economic downturn will not have any impact on completion of the new international transhipment terminal at Kochi in India.
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Salalah expansion signs up tractors
Kalmar has been awarded a contract to supply 42 Ottawa 4x2 terminal tractors for the expansion of the Port of Salalah, located in the southern region of Oman.
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DP World in Algerian venture
DP World (50%) and Entreprise Portuaire d''Alger-EPAL ed Entreprise Portuaire de Djen Djen (50%) have put together a joint-venture to manage a container terminal in the Algerian Port of Djen Djen. In the first stage development, a 200-metre quay will be built to serve a back area of 150,000 square ...
