Middle East – Page 31
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NewsSalalah to add two berths
Salalah: more berths, more cranesIssued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn 2.83% interest per annum, both payable semi-annually.Salalah is to add two further berths at ...
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News..whilst JA gets an injection of new equipment
Jebel Ali Port has begun the commissioning of the world''s largest quayside gantry cranes.
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NewsKuwait appoints Drewry
The Kuwait Fund for Arab Economic Development has retained Kuwait Consulting & Investment Co. (KCIC) and Drewry Shipping Consultants to analyse the prospects for a new US$1.2bn port at Bouyban Island.
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..'but older facilities not forgotten either..
Neither Port Rashid nor Hamriya Port are to close to enable commercial development of what are Dubai''s oldest harbours to go ahead, even though extensive property development is taking place around them.
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DPA to up capacity to 55m TEU by 2030?
Dubai Port Authority (DPA) will have the capability of handling 55m TEUs by 2030.
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MINA ZAYED
Much of this will come from the opening of the initial phase of the new Jebel Ali Terminal 2 which will add 5m TEU capacity in July 2007. This will be a deep draught facility with gantry cranes capable of handling fifth and sixth generation container vessels.Dubai Port Authority (DPA) ...
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NewsThomas E. Falknor 24 March 1944 - 10 August 2005
Ask Thomas ''To m '' Falknor a serious question and in all probability you would receive a playful answer. Humour was one of his strong points as was his humanity, ability to command respect and astute business brain which he deployed to such good effect in the international world of ...
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DPI CRACKS DOWN ON UNETHICAL PRACTICES AT KOCHI
The Indian subsidiary of DPI, India Gateway Terminal, which is operating the container terminal at Kochi port, is taking legal action against alleged unethical practices which include bribery. A worker accused of accepting bribes from a clearing agent has already been suspended.
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DPA TOOLS UP FOR 14,000TEU SHIPS
Nevertheless in the meantime, infrastructure bottlenecks are creating major congestion.Dubai Ports Authority's (DPA) executive director of operations, Mohammad Majid Bin Theniyah, noted recently that the addition of new berths at Jebel Ali Port would allow Dubai to accommodate ships of 14,000 TEU capacity and beyond. This was prompted by the ...
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NewsAussies eye Israel's Eilat
Representatives of an Australian shipping company have visited Israel with a view to purchasing Eilat Port. The group is also reportedly interested in investing in the proposed rail link between Eilat and Ashdod which could provide an alternative to the Suez Canal. Also interested in acquiringAlso in the bidding for ...
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DPI PREFERRED FOR ADEN
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.DPI Terminals (DPI) has been named preferred bidder for the 30 year concession to manage and develop terminal operations at Aden. ...
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VOLUMES UP IN SAUDI ARABIA
Saudi Arabian ports handled 119m tonnes in 2004, a 6.3% increase. Exports of 76m tonnes were up 7.3%, while imports grew by 4.6% to 43m tonnes. Container throughput was 3.18m TEUs, an increase of 30.5%.
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NewsSalalah Free Zone draws investment
The new Salalah Free Zone is drawing significant investor interest according to chief operating officer, Tony Restall.
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NewsKCT expanding to 2mTEU capacity
Work to expand Khorfakkan Container Terminal and raise its potential throughput to over two million TEUs per year is underway. Completion of the multi-million dollar programme is scheduled for the end of 2005. The project, which will increase KCT''s present 1,060 metres of quay front by a further 400 metres ...
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ISRAELI DOCKERS THREATEN STRIKE
First phase investment will require US$100m to develop roads, a 600 metre long quay, a reservoir, a bonded warehouse and upgraded power supply, allowing the facility to open by 2007.Dockers at Israel's three state-owned ports of Haifa, Eilat and Ashdod are continuing to threaten a national strike to prevent reform ...
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HPH EYES ISRAELI PORTS
Difficulties in reaching the tsunami stricken areas can be overcome with the use of the multimodal facilities available in Johor which is close to Sumatra. The port says the multimodal synergy between Senai and PTP will enable effective redistribution of essential relief items by sea or air.Hutchison Port Holdings has ...
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FRENCH AND MALAYSIANS INVEST IN IRAN
Difficulties in reaching the tsunami stricken areas can be overcome with the use of the multimodal facilities available in Johor which is close to Sumatra. The port says the multimodal synergy between Senai and PTP will enable effective redistribution of essential relief items by sea or air.Iran's South Pars gas ...
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ISRAELI DOCKERS LOSE VETO OVER LABOUR
Difficulties in reaching the tsunami stricken areas can be overcome with the use of the multimodal facilities available in Johor which is close to Sumatra. The port says the multimodal synergy between Senai and PTP will enable effective redistribution of essential relief items by sea or air.The Be'er Sheva Labour ...
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DPI signs MOUs with Gulf neighbours
Dubai Ports International (DPI), has signed Memoranda of Understanding with the port authorities of Abu Dhabi and Fujairah. These agreements could later lead to possible management contracts or concessions for port operations at these two UAE ports.
