Middle East – Page 28
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DP WORLD TO INVEST $8.2BN
DP World has announced investment of more than $8.2bn in the development of 10 new ports and upgrade work at three others. Among its largest schemes are a $459m new box terminal in Qingdao and a $302m container terminal development in Djibouti.
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MAERSK MONOPOLY FEARED
Existing companies at the port of Tema have called upon Ghana Ports and Harbours Authority to scrap an agreement that it has with a foreign consortium, Meridian Port Services (MPS), to operate the container terminal.
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Iran boosts capacity at ports
By 2010, capacity across all Iran is ports will have reached 150m tonnes, compared with 115m tonnes at present.
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Eight in for Khalifa
Eight consortia have sought prequalification to bid for the Khalifa and Industrial Zone project, with initial infrastructure work scheduled to commence by mid-year, claims Abu Dhabi Port Company.
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NewsSohar attracts serious investment
The port of Sohar in Oman has attracted $12bn of industrial and infrastructure investment in under three years, prompting its corporate communications manager Dirk-Jan de Vink to note that it was now the ''fastest-growing port project in the world''.
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NewsBrazilian for Khorfakkan terminal
CMA CGM has opted for Gulftainer''s Khorfakkan Container Terminal as a Middle East call on its Vasco service, covering Brazilian ports to and from the Middle East and South Asia.
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REDUNDANCY OPPOSED
The plan announced by Liberia''s National Port Authority to lay off 350 workers because of financial difficulties has been challenged by the Dock Workers Union.
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DPW to boost traffic by 50% over three years
DP World''s chairman, Sultan Ahmad Bin Sulayem,has revealed that over the next three years the company intends to boost its global container throughput by 50%.
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BOSKALIS WINS LNG CONTRACT
Dredging company Royal Boskalis has secured a contract for the construction of an export terminal for liquefied natural gas in Soyo, Angola.The contract, worth $390m, involves creating new land at sea as well as dredging an access channel.
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Third Jeddah box terminal confirmed
The Saudi Trade & Export Development Company (Tusdeer) and Seaport Terminal of Malaysia, which helped established the successful transhipment port of Tanjung Pelepas, have signed a joint venture agreement to develop a third container terminal at Jeddah Islamic Port (JIP).The Malaysian company will hold a 20% stake in the project. ...
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NewsOICT inaugurates Sohar expansion
At the end of January, Oman International Container Terminal inaugurated Phase 1 of its Terminal B expansion at the port of Sohar.
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DP World to re-brand P&O Ports
DP World is to unify its port and terminal operation under a single brand name, which is expected to be revealed within the next six months. Currently, both the DP World and P& O Ports brands are used at the 51 terminals operated by the group in 24 countries.
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SAUDI ARABIA BIG ON BOXES
Saudi Arabia claims it will develop the largest container terminal in the Middle East at Emaar Economic City.This will be capable of throughputs in the region of 10m teu annually, as well as being able to accommodate breakbulk and dry bulk vessels.
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DUNCA BACK IN BUSINESS
Nigeria''s Dunca inland container terminal has recommenced services after a 14-month shutdown. New owners are AP Moller, Greenview and ENL Terminals.
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JEBEL ALI CAPACITY HIKE
Jebel Ali Port has announced that it will boost capacity from around 8m teu to 67m teu by 2030.This reflects a 41% increase in exports from the adjacent free zone.
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NewsMiddle Eastern riches
The Gulf is a hotbed of port development as nations vie for cargo business.Alex Hughes makes sense of the frantic pace
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NewsWin-win for Sharjah
Sustained growth in throughput at Sharjah''s key arteries has been attributed to the changing logistics environment in the United Arab Emirates, particularly the core industrial and commercial corridor between Jebel Ali and Sharjah/Ajman.
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One to watch
While Dubai, Abu Dhabi, Fujairah and Sharjah have led the way in port development in the United Arab Emirates,Ras Al Khaimah has played something of a secondary role. However, rising cargo volumes have prompted the Emirate to announce the development a second port facility costing ¢ 23m.
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NewsAqaba's changing fortunes
APM Terminal''s helping hand has lifted throughput at Jordan''s primary port.
