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INFRASTRUCTURAL DEVELOPMENT - SEAPORTS & SHIPPING

DP World to build Turk port

Posted on 05/11/2005

DP World announced the acquisition of a green field coastal site at Yarimca, Turkey, which the company will develop into a new container terminal facility. he completed 48-hectare site, on the Sea of Marmara, will enable DP World to build and operate a 1 million plus TEU terminal with a planned quay length in excess of 1,200 metres. DP World, one of the world's leading port operators, has agreed to acquire the existing site from Turkish steel producer Erdemir for a net cash consideration ...  >>MORE

Dubai 'poised to make £3b buyout bid for P&O ports'

Posted on 31/10/2005

Dubai Ports World, the world's sixth-largest port operator, is set to make a £3 billion bid this week to take over P&O, Britain's biggest ports and ferries group, the Sunday Times News Service reported from London yesterday. The news service said Dubai Ports World (DPW), owned by the Dubai government, had hired Deutsche Bank to advise it on a bid. It quoted banking sources in Dubai as saying on the weekend that a preliminary meeting between the two sides was likely to take place within ...  >>MORE

DP World awards Dh1.85b container terminal 2 contract

Posted on 18/10/2005

Dredging and reclamation work for Dubai's new container terminal 2 at Jebel Ali Port has commenced with the awarding of a Dh1.85 billion contract to a major European company, it was announced yesterday. DP World said the contract has been given to Jan de Nul Dredging Limited, a Belgian global dredging contractor and civil construction company. The reclamation and dredging work is scheduled for completion by the end of 2007. Terminal 2 will have a first phase capacity of five million 20-foot ...  >>MORE

Dubai Ports reorganised

Posted on 30/09/2005

The Dubai Ports Authority ("DPA") and DPI Terminals (DPI), today announced that they have merged to create a single new global port operator - DP World. A new regulator - the Dubai Ports and Jebel Ali Free Zone Authority - has been created to oversee the regulation and administration of Dubai's port operations. The Jebel Ali Free Zone Authority (JAFZA) and its international arm, JAFZA International have also combined into a single entity. In order for DP World to become a single ...  >>MORE

PCFC renews certification

Posted on 25/09/2005

Dubai Ports, Customs and Free Zone Corporation (PCFC) has achieved recertification of ISO 14001 from Lloyds Register Quality Assurance. "The accreditation reaffirms our commitment to efficient environmental management," said Ahmad Abdul Hussain, group executive director of the Environment, Health, Safety and Security Division of PCFC. (The Gulf News) ...  >>MORE

World's largest containership calls at Jebel Ali

Posted on 03/09/2005

The world's largest containership called at Jebel Ali Port on Thursday. The MSC Pamela, 337 metres long, 107,200 gross tonnes and a breadth of 45.6 metres, can carry up to 9,200 TEUs (20-foot equivalent units). The vessel is also the widest, capable of loading 18 containers abreast. Dubai Ports Authority is one of the world's few ports equipped to handle these giant ships. (The Gulf News) ...  >>MORE

DPA starts Dh5b mega expansion at Jebel Ali

Posted on 21/08/2005

Dubai Ports Authority (DPA) has announced the commencement of stage one of the mega expansion project at Jebel Ali Port. The stage one expansion costing Dh 5 billion will increase storage handling capacity at the port by 5 million Twenty Foot Equivalent Units (TEUs) and add 2.5 kilometres of quay length. The value of the contract was estimated at Dh 250 million. Moreover, the total container terminal area at Jebel Ali Port will be extended by approximately 173 hectares. The announcement ...  >>MORE

Dubai Drydocks awarded major ship conversion deal

Posted on 09/08/2005

Dubai Drydocks has been awarded a US$25 million (Dh92 million) contract, one of its largest this year, to convert a giant tanker into a floating production storage and offloading (FPSO) vessel. Work on Knock Adoon, a 240,000-tonne very large crude carrier (VLCC) owned by Fred Olsen Production (FOP), will begin in early November and be completed within 12 months, said Jens Richard Larsson, marketing manager of Dubai Drydocks. FOP, which is indirectly wholly-owned by Oslo-based Ganger Rolf ...  >>MORE

Jadaf Dubai posts 6.5 % growth of operations in Q2

Posted on 07/08/2005

Jadaf Dubai, the oldest ship repair yard in the Arabian Gulf area, is continuing its strong performance with a 6.5 per cent increase in ship lifting operations during the second quarter of 2005, compared to the same period last year. The Dock No.1 at Jadaf Dubai which handles all types of sea faring vessels weighing up to 250 deadweight tonnes (DWT), was involved in the docking and undocking of 429 ships in the second quarter, while Dock No. II handled 177 ships. Metal vessels and ...  >>MORE

Dubai Maritime City to house the first ship registry office in the Middle East

Posted on 06/08/2005

Dubai Maritime City has announced that it will house the first ever ship registry office in the Middle East aimed at a creating a significant boost to the maritime community in the region. The registry office will work in conjunction with the government in establishing the standards that ships will be required to maintain, which will coincide with international standards. The registry office will operate on an international level by accepting national and foreign ownership of vessels. The ...  >>MORE

DPI sets new productivity record at terminals facilities

Posted on 03/08/2005

DPI Terminals (DPI), one of the world's leading port operators, continues to break productivity records at ports under its management, demonstrating its commitment to service excellence and performance. On 7th July at Constanta, DPI's container terminal operation in Romania, the port operator turned around the ZIM Marmara Sea in a total number of 2,425 moves within 33.33 work hours. This is the largest number of moves per single vessel ever handled at the Port of Constanta. This new record ...  >>MORE

DPA reports 22 per cent growth in container traffic in first half of 2005

Posted on 01/08/2005

Dubai Ports Authority (DPA) has announced that it has achieved a 22 per cent increase in container traffic in the first half of 2005 compared to the same period last year, continuing its progressive performance in port operations. DPA handled a total of 3,631,108 Twenty Foot Equivalent Units (TEUs) in the first six months of the year. Over the same period, DPA handled 7,651 vessels of all types, which was an 11 per cent increase compared to the same period last year. Container vessels made ...  >>MORE

Mina Zayed and Dubai Ports Execute Management Agreement

Posted on 01/08/2005

The Abu Dhabi Seaport Department and Dubai Ports Authority (DPA) executed yesterday a Management Services Agreement for the operation of Mina Zayed. The parties had executed a Memorandum of Understanding in January 2005 for joint cooperation. The agreement was signed by Sheikh Saeed Bin Zayed Al Nahyan Chairman of the Abu Dhabi Seaport Department, and Sultan Ahmed Bin Sulayem Executive Chairman of Dubai's Ports, Customs and Free Zones Corporation (PCFZC). Under the terms of the agreement, ...  >>MORE

Dubai Maritime City announces completion of new Dubai Drydocks channel

Posted on 01/08/2005

Dubai Maritime City has recently announced the completion of the Dubai Drydocks channel, situated in the area between the Dubai Drydocks breakwater and the offshore breakwater. The channel is specially designed to facilitate access by allowing larger vessels to safely enter Dubai Drydocks. Measuring approximately 600m with an average depth of 13.00m and width of more than 420m, the channel is protected by the main breakwater of the Dubai Drydocks, which has been moved significantly ...  >>MORE

DPI terminal handles first vessel at Asia container terminal

Posted on 13/07/2005

DPI Terminals (DPI), one of the world's leading port owners and operators, handled the first vessel at its new facility in Hong Kong, Asia Container Terminal (ACT) - CT 8 on 4 July. The feeder vessel, MV Soga, called to discharge 121 containers for transshipment to mainline vessels that will call at the terminal. It is expected that the terminal will handle over 1 million TEU in its first year of vessel operations under DPI Terminals ownership, a press release said today. With a quay length ...  >>MORE

DPI achieves new record berth productivity at Dominican port

Posted on 06/07/2005

DPI Terminals (DPI), one of the world's leading port operators, has demonstrated its commitment to service excellence by continuing to set productivity records at its facilities in the month of June. On 14th of June at Caucedo, DPI's container terminal operation in Dominican Republic, the company achieved a new berth productivity record of 108.76 moves per hour, turning around the MSC Panama with 906 moves in 8.33 hours. Net crane productivity was over 50 moves per hour. This achievement ...  >>MORE

Biggest cargo carrier in Ras al-Khaimah

Posted on 05/07/2005

An Antonov 124, the world's biggest cargo aircraft, landed at Ras al-Khaimah International Airport yester with 44,700 kilograms of cargo from Kuwait. Mohammad Al Kader, head of the airport's operations department, said the giant aircraft took on 22,000 gallons of jet fuel. The aircraft made in Ukraine carries 16 crew. Many international cargo carriers use the airport as transit point for refuelling and other ground handling services. (The Gulf News) ...  >>MORE

276-metre-long container vessel arrives at the Jebel Ali Port

Posted on 05/07/2005

Dubai Ports Authority (DPA) has achieved a remarkable accomplishment in handling large container vessels, which have capacities between 4,000-8,000 twenty foot equivalent units (TEUs), in a record time. The achievement reflects the world-class standards of DPA's service, and underlines Dubai's status as a leading global maritime hub. DPA has announced the arrival of CHILLAN, a large container ship, from Europe. CHILLAN is the latest addition to the portfolio of Norasia Container Lines, which ...  >>MORE

Jafza gets its first woman CEO

Posted on 27/06/2005

The Jebel Ali Free Zone (Jafza) has become the first free zone in the Middle East North Africa region to have a woman as its chief executive officer. Jafza yesterday announced the appointment of Salma Ali Saif Bin Hareb at its helm. "We are delighted to welcome Salma Hareb as Jafza's new CEO. Educated in the UAE and the United Kingdom, Hareb has diverse experience. She has wide business exposure through the various roles she performed during her career, having worked in operations, ...  >>MORE

Jafza to manage free zone in Tangier Med

Posted on 22/06/2005

Dubai's Jafza (Jebel Ali Free Zone Authority) International has been awarded a 10-year concession to manage the logistics free zone at Tangier Med, the port complex under development in Morocco. The concession is the third free zone management contract won by Jafza outside Dubai, the other two being Djibouti and Malaysia's Port Klang Free Zone. The management contract follows the completion of a four-month feasibility study by Jafza International into Tangier's suitability for a logistics ...  >>MORE

RAK customs signs deal to develop port

Posted on 22/06/2005

The Ras Al Khaimah Customs and Ports Department has signed a Dh35 million deal with a professional marine company to build a new quay and increase the port's draught. Mohammad Al Mehrizi, director-general of the department, said the first phase of the deal included the construction of a 307-metre quay and increasing the draught of the port to 10 metres. He said the company would provide facilities to load and unload vehicles. In the second phase of the project, which includes the expansion ...  >>MORE

Jebel Ali becomes first to commission big gantry cranes

Posted on 17/06/2005

Dubai's Jebel Ali Port has become the first port in the world to commission super post-Panamax tandem-lift gantry cranes capable of handling giant ships of the future, officials said yesterday. Late last year, Dubai Ports Authority announced its decision to buy 16 to 18 super cranes, the largest in the world, for about $240 million (Dh883.2 million). "The new cranes are designed for these large ships as they can handle four TEUs [twenty-foot equivalent unit] or two forty-foot containers at a ...  >>MORE

Dubai Ports Authority announces participation at Terminal Operation Conference in Belgium

Posted on 14/06/2005

Dubai Ports Authority (DPA) has announced its participation at the Terminal Operation Conference (TOC), the world's leading forum for maritime trade, port and terminal professionals, to be held in Antwerp, Belgium, from 14-16, June 2005. DPA's participation in TOC comes in the wake of the remarkable success it has achieved in recent years following its acquisition of the most innovative container handling equipment available in the worldwide market. The new equipment has helped DPA to ...  >>MORE

DPI plans to invest US$370m in Yemen

Posted on 11/06/2005

DPI Terminals (DPI), a leading international port owner and operator, has been named preferred bidder by the Council of Ministers for the 30-year concession to manage and develop terminal operations at the port of Aden, Yemen. The concession covers the management and operation of both Aden and Ma'alla Container Terminals. DPI's development plan includes investing over US$370m during the life of the concession in new equipment, infrastructure and management systems in order to increase capacity ...  >>MORE

Dubai company to acquire tanker fleet worth US$1b

Posted on 21/05/2005

Dubai-based Gulf Energy Maritime (GEM) plans to double its tanker fleet within four years to become the largest independent tanker owner-operator in the region. It aims to build a fleet of 20 tankers, including its current three tankers and eight new vessels on order. The cost of the entire fleet will be at least US$1 billion (Dh3.67 billion). The fleet will include liquid petroleum gas (LPG), liquid natural gas (LNG) and chemical tankers, a top company official told "Gulf News” yesterday. ...  >>MORE

DPA wins Best Seaport Award in ME for 11th

Posted on 17/05/2005

Dubai Ports Authority (DPA), one of the fastest-growing ports in the world, recently won the 'Best Seaport Award in the Middle East' for the 11th consecutive year at the Asia Freight and Supply Chain Industry Awards (ASFCA) 2005. Dubai Ports emerged the winner after being locked in a triangulated ballot between the Port of Jeddah in the Kingdom of Saudi Arabia and Salalah Port in the Sultanate of Oman. The award, which is in its 19th year, is instituted by Cargonews Asia, Asia's leading ...  >>MORE

Dubai Cargo Village voted best in ME

Posted on 17/05/2005

Dubai Cargo Village (DCV) has been voted 'The Best Airport in the Middle East' for its cargo facilities and services, winning the Asian Freight and Supply Chain Awards (AFSCA) 2005 for the 12th consecutive year. This award is very special because it is the only Asian freight award when customers — readers of the Hong Kong-based cargo trade publication Cargonews Asia — and not a panel of judges, were asked to choose the best service providers. Ali Khalfan Al Jallaf, Director of DCV, said: ...  >>MORE

PCFC signs agreement with US Department of Energy

Posted on 17/05/2005

Dubai Ports, Customs and Free Zone Corporation (PCFC) has entered into an agreement with the United States Department of Energy to install special equipment at Dubai Ports to detect and stop hidden shipments of nuclear and other radioactive materials. The agreement also ensures specialised training for the staff of Dubai Customs and will result in regular exchange of information on radioactive materials between the two parties, according to a press release issued yesterday. Sultan Ahmed ...  >>MORE

Sharjah to build new container terminal

Posted on 17/05/2005

Sharjah is building the UAE's newest container terminal at Hamriyah Port, scheduled to become operational by September, Hamriyah Free Zone's director-general said yesterday. The terminal will be a valuable addition to the services provided to the Zone's investors, Dr Rashid Al Leem, Hamriyah Free Zone's director-general, told Gulf News on the sidelines of a news conference. It will be Sharjah's third container terminal after Port Khalid and Khor Fakkan. The Hamriyah port has a depth of 14 ...  >>MORE

DPA records 26 per cent rise in containers handled in Q1

Posted on 16/05/2005

Dubai Ports Authority (DPA), one of the world's fastest growing ports, announced a 26 per cent growth in containers handled during the first quarter of 2005, compared to the corresponding period in 2004. This growth in throughput is in line with DPA's 25 per cent year-on-year growth in volumes, which has been substantiated by the completion of the first phase expansion at Jebel Ali Port. The yearly statistics compiled by the Department of Statistics at the Ports, Customs and Free Zone ...  >>MORE

Etihad Crystal Cargo expands services

Posted on 11/05/2005

Etihad Airways, the national airline of the UAE, has announced that starting from May 12, it will further expand its cargo services from Abu Dhabi into Italy and South Europe. The second regional freighter, an Airbus A310-300F, has a payload of 39 tons and will operate twice weekly from Abu Dhabi to Milan (Malpensa Airport) every Thursday and Sunday. Additional new routes including Khartoum, Almaty, Addis Ababa, Bangalore and Chennai are expected to be launched within the coming few months . ...  >>MORE

Dubai Ports begins Fujairah operations

Posted on 10/05/2005

Dubai Ports International today takes charge of the Port of Fujairah's container terminal, which will be known as DPA (Dubai Ports Authority)-Fujairah Terminal. Under a 30-year concession agreed earlier this year, Dubai Ports International (DPI) will spend more than Dh568 million (US$155 million) to develop and operate the terminal. DPI is a port investor, operator and manager set up in 1999 by the Dubai government. DPI announced a similar agreement with the port authorities of Abu Dhabi in ...  >>MORE

Dubai Ports, Customs and Free Zone eyes key sectors at German forum

Posted on 09/05/2005

Dubai Ports, Customs and Free Zone Corporation (PCFC) will target leading German companies from key industrial sectors at the UAE-German Economic Partnership Forum to be held in Essen, Germany. The three-day forum, which begins on Wednesday, will focus on co-operation between UAE and Germany in core areas such as information technology, industrial joint ventures, transfer of technology, construction, infrastructure development, health services and finance. The forum is being jointly ...  >>MORE

Emirates Ship Investment net profit trebles on new charter contracts

Posted on 07/05/2005

Emirates Ship Investment Company (Eships), formerly Combined Cargo UAE, earned a net profit of US$19.11 million (Dh70.13 million) in 2004, against US$6.4 million (Dh23.48 million) in 2003. The strong net profit came on the back of higher revenues last year that totalled US$41.45 million (Dh152.12 million). "The revenues were up on account of new time charter contracts and a general firming of the shipping market,” Eships chairman Ahmad Al Saeed Calily told Gulf News. Net assets grew to ...  >>MORE

Gulf Energy Maritime receives first tanker from Korea

Posted on 26/04/2005

Dubai-based Gulf Energy Maritime (GEM) has taken delivery of the first of four tankers it has on order from Korean shipbuilder, Hyundai Heavy Industries - three months ahead of schedule. Named Gulf Pearl to reflect the region's pearl diving and trading traditions, the vessel will immediately go into service with Glencore as part of a three-year deal. Launched less than a year ago, GEM, a joint venture in which Emirates National Oil Company (ENOC) has a 35 per cent share, the company now has ...  >>MORE

DPA targets 5om container capacity by 2030

Posted on 24/04/2005

Dubai Ports Authority's master plan for 25 years envisages a container handling capacity of 50 million TEUs if there is demand, said a top official yesterday. Construction of a new terminal at Jebel Ali port next month will increase its capacity by an additional 2.5 million TEUs in early 2007 and up to five million TEUs by 2008. "And we are already talking of a second phase to take our capacity to 50 million TEUs by 2020 or 2030," said Mohammad Al Muallem, DPA executive director technical. ...  >>MORE

Eships to buy five Korean chemical tankers for US$125m

Posted on 24/04/2005

Emirates Ship Investment Co (Eships), formerly Combined Cargo UAE (CCU), has ordered five chemical tankers from a Korean company at a cost of US$125 million (Dh458.75 million) as part of its expansion into the tanker market, the company said. The contract was signed by Salem Al Mazroui, chairman of Eships,. and H.J. Kim, general sales manager for Hyundai Mipo Dockyard. "Our strategy is to build up a sizeable fleet of small, medium range IMO type II/III coated product and chemical tankers for ...  >>MORE

Emirates Ship Investment plants US$300 million IPO

Posted on 23/04/2005

Emirates Ship Investment Co, an Abu Dhabi-based operator of dry cargo ships and product tankers, plans a US$300 million initial public offering in June, the shipping weekly TradeWinds reported, citing a company executive. The company known as E-Ships, will list on the Abu Dhabi Securities Exchange, the paper said. As much as 49 per cent of the company will be open for foreign ownership, the paper said citing Harold Lone, the General Manager of E-Ships. The company is now controlled by ...  >>MORE

PCFC set to expand Jebel Ali port soon

Posted on 15/04/2005

Dubai Ports, Customs and Free Zone Corporation (PCFC) will start the Phase II of the Jebel Ali port expansion master plan soon, according to a top official from PCFC. "Tenders are ready and work will start soon. We will reclaim more land from the sea. We have already added 1,200 metres of coastline," Khaleej Times quoted Sultan Ahmed bin Sulayem, Executive Chairman of PCFC, as saying yesterday. Announced in early 2003, the master plan involves four phases at the completion of which Jebel ...  >>MORE

Fujairah tops Rotterdam as second bunker port

Posted on 09/04/2005

Fujairah has become the world's second largest bunkering centre, overtaking Rotterdam and supplying 12 million tonnes of fuel oil a year, worth US$2.5 billion (Dh9.17 billion). Singapore remains the world's largest bunkering centre with a capacity of 19 million tonnes of fuel oil a year, according to a report in "Gulf News.” Now it is followed by Fujairah with 12 million tonnes and Rotterdam in third position with 10 million tonnes. The emirate will be the site of the fourth International ...  >>MORE

Gulf Maritime 2005 from April 18-20

Posted on 03/04/2005

The Gulf Maritime 2005 is expected to generate deals worth over US$40 million in its three-day run and will feature over 180 exhibitors from over 26 countries. The show is scheduled on April 18-20 at Expo. Last year the show generated deals worth US$28 million and attracted a total of 2,785 visitors, according to ‘Khaleej Times' report. This year, the number of visitors is likely to rise by at least 60 per cent. Gulf Maritime displays will include the latest in designing and building of ...  >>MORE

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Quick List

DP World to build Turk port


Dubai 'poised to make £3b buyout bid for P&O ports'


DP World awards Dh1.85b container terminal 2 contract


Dubai Ports reorganised


PCFC renews certification


World's largest containership calls at Jebel Ali


DPA starts Dh5b mega expansion at Jebel Ali


Dubai Drydocks awarded major ship conversion deal


Jadaf Dubai posts 6.5 % growth of operations in Q2


Dubai Maritime City to house the first ship registry office in the Middle East


DPI sets new productivity record at terminals facilities


DPA reports 22 per cent growth in container traffic in first half of 2005


Mina Zayed and Dubai Ports Execute Management Agreement


Dubai Maritime City announces completion of new Dubai Drydocks channel


DPI terminal handles first vessel at Asia container terminal


DPI achieves new record berth productivity at Dominican port


Biggest cargo carrier in Ras al-Khaimah


276-metre-long container vessel arrives at the Jebel Ali Port


Jafza gets its first woman CEO


Jafza to manage free zone in Tangier Med


RAK customs signs deal to develop port


Jebel Ali becomes first to commission big gantry cranes


Dubai Ports Authority announces participation at Terminal Operation Conference in Belgium


DPI plans to invest US$370m in Yemen


Dubai company to acquire tanker fleet worth US$1b


DPA wins Best Seaport Award in ME for 11th


Dubai Cargo Village voted best in ME


PCFC signs agreement with US Department of Energy


Sharjah to build new container terminal


DPA records 26 per cent rise in containers handled in Q1


Etihad Crystal Cargo expands services


Dubai Ports begins Fujairah operations


Dubai Ports, Customs and Free Zone eyes key sectors at German forum


Emirates Ship Investment net profit trebles on new charter contracts


Gulf Energy Maritime receives first tanker from Korea


DPA targets 5om container capacity by 2030


Eships to buy five Korean chemical tankers for US$125m


Emirates Ship Investment plants US$300 million IPO


PCFC set to expand Jebel Ali port soon


Fujairah tops Rotterdam as second bunker port


Gulf Maritime 2005 from April 18-20