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INFRASTRUCTURAL DEVELOPMENT - SEAPORTS & SHIPPING

DP World Maputo to dredge deeper access channel to boost capacity

Posted on 22/03/2015

The Maputo Port Development Company, MPDC, the consortium which holds the lease on operating the port of Maputo, Mozambique, and in which Dubai's DP World holds a major stake, announced this week that it is in the process of selecting the company that will dredge the port access channel, increasing its depth from the current 11 metres to 14 metres. The decision was announced by the Mozambique News Agency, AIM. MPDC is a consortium between the publicly owned ports and rail company, CFM, and ...  >>MORE

Record breaking 11 rigs berthed in Drydocks World Dubai

Posted on 20/03/2015

Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors, has simultaneously berthed 11 rigs in its Dubai yard. Drydocks World has continued to pursue its strategy to become one of the leading offshore yards in the region. The Rig Division team has worked relentlessly to market the yard facilities, capabilities, safety records, quality and experience of staff specialised in maintaining the offshore rigs. During February, the yard set a new ...  >>MORE

DP World announces strong financial results

Posted on 20/03/2015

Global marine terminal operator DP World yesterday announced strong financial results from its global portfolio of marine terminals for the twelve months ended 31st December 2014. Like-for-like revenue grew 11.3% and adjusted EBITDA increased 16.0%, delivering profit attributable to owners of the company, before separately disclosed items of US$675 million, up 25.1% on a like-for-like basis, and EPS of 81.4 US cents. On the occasion, DP World Chairman, Sultan Ahmed bin Sulayem, commented, "DP ...  >>MORE

Abu Dhabi Ports forecasts 17 percent growth of general cargo

Posted on 19/03/2015

Following a record year in 2014, Abu Dhabi Ports is forecasting 17 percent growth across all general cargo activities in 2015, a top official has said. Capt. Mohamed Juma Al Shamisi, CEO, Abu Dhabi Ports, said, "As many development projects in Abu Dhabi are underway, we look ahead to a promising 2015 with healthy growth figures that confirm not only the emirate's booming economy, but also Abu Dhabi Port's supporting role as an important enabler for development and trade. "We will continue to ...  >>MORE

DP World acquires the Economic Zones World FZE

Posted on 18/03/2015

DP World Limited and its wholly owned subsidiary, DP World FZE, yesterday announced that they have finalised the acquisition of Economic Zones World FZE, EZW, shares from Port and Free Zone World FZE, PFZW. EZW's key asset is the Jebel Ali Free Zone, JAFZ, which is one of the largest free zones in the GCC and a major industrial and commercial development in Dubai. It is widely recognised, along with DP World, as a key driver of the country's phenomenal economic growth. Sultan Ahmed bin ...  >>MORE

Abu Dhabi Ports celebrates first entire Emirati port operations team

Posted on 17/03/2015

Abu Dhabi Ports has said that increasing the number of UAE nationals in the workforce is a core pillar of the Abu Dhabi Economic Vision 2030 and a central business strategy for the company. As a government-owned entity and a leading provider of marine services in the UAE, Abu Dhabi Ports has always played a vital role in the emirate's Emiratisation exercise which has now reached the next level of success. The company, in an announcement yesterday, said that for the first time ever in the ...  >>MORE

World’s largest container Ro-Ro vessel makes maiden call at Khalifa Port

Posted on 24/02/2015

As a testament to its world-class efficiency and capability in handling mega-vessels, Abu Dhabi Terminals, manager and operator of Khalifa Port Container Terminal, KPCT, celebrated the maiden call of the world's largest Container Roll-On/Roll-Off (Con-Ro) vessel, Jolly Titanio, owned by Messina Line. Jolly Titanio is 240 meters long by 37.50 meters wide with 6,350 meters of Ro-Ro cargo capacity designed to carry wheeled cargo, such as cars, trucks and trailers. Capable of carrying 3,900 TEU, ...  >>MORE

Khalifa Port adds new direct service to and from Pakistan

Posted on 19/02/2015

Abu Dhabi Terminals, ADT, has announced the start of a direct weekly service to and from Karachi, Pakistan, calling at Khalifa Port Container Terminal, KPCT. ADT, whose core business is to manage and operate Khalifa Port Container Terminal, has stated that the Pakistan Saudi Express Service, PSX, will offer importers and exporters the opportunity to directly service Karachi by using KPCT as the direct link to and from Abu Dhabi. The service has a projected journey time of 3 days, offering time ...  >>MORE

Khalifa Port Container Terminal achieves 26 percent growth in 2014

Posted on 09/02/2015

Abu Dhabi Terminals, ADT, the Manager and Operator of Khalifa Port Container Terminal, is celebrating the solid performance and achievements in 2014 that saw its volume reach 1.13 million TEUs (20-foot-equivalent-unit containers). This represents a 26 percent year-on-year growth and sets a new standard in regional growth rates. ADT secured the exclusive right to manage and operate the first Khalifa Port Container Terminal, KPCT, by signing a 30-year concession in 2012 with Abu Dhabi Ports. The ...  >>MORE

DP World reports 8.9% volume growth in 2014

Posted on 04/02/2015

DP World Limited handled 60 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2014, with gross container volumes growing by 8.9% on reported basis and 8.0% on a like-for-like basis. New volume at London Gateway (UK) and Embraport (Brazil) contributed to the increase in reported volumes. Growth in 2014 was largely driven by the Asia Pacific and India Subcontinent region, Europe and UAE terminals. The UAE delivered an impressive performance ...  >>MORE

Abu Dhabi Ports boosts quick oil spill response

Posted on 03/02/2015

Abu Dhabi Ports Company (ADPC) in Abu Dhabi, has completed a programme to significantly boost the quick oil speed response capabilities in its busiest commercial ports. The programme, which represents an investment of more than Dh 2 million, has included the purchase of twenty specialised equipment containers, a dedicated speed boat with another one on order, two new trucks of which one is equipped with a crane, and comprehensive training for more than 75 members of staff. The majority of the ...  >>MORE

DP World tops pan Arab governance index for second year

Posted on 03/02/2015

DP World continues to be the top stock in the S&P/Hawkamah Pan Arab ESG Index. The index is the first ever of its kind in the Arab world and ranks the transparency and disclosure of regional listed companies based on Environmental, Social and Corporate Governance (ESG) metrics. Sultan Ahmed bin Sulayem, Chairman of DP World, said, "We are delighted that DP World has won this accolade for the second successive year. Companies which score highly on this index are regarded as sustainable and ...  >>MORE

Queen Mary 2 calls at Zayed Port

Posted on 02/02/2015

Abu Dhabi Ports has welcomed "Queen Mary 2", the world famous flagship of the Cunard Line, which berthed on 31st January at Zayed Port. The luxury cruise liner stayed a full day in Abu Dhabi, giving passengers the opportunity to visit the emirate and its many unique tourist attractions, including the Sheikh Zayed Grand Mosque, Emirates Palace, the newly opened Yas Mall and many more. Dedicated tourist information services, taxis and bus stands at Abu Dhabi Cruise Terminal helped the tourists ...  >>MORE

Cruise ship 'MS Balmoral' makes debut call at Zayed Port

Posted on 30/01/2015

MS Balmoral, the biggest cruise liner of the UK-based shipping line Fred Olsen Cruise Lines, made its first call at the Zayed Port, and was welcomed by Abu Dhabi Ports. The officials at the port presented a commemorative plaque to the captain to celebrate the maiden visit. With a capacity for 1,230 passengers, the MS Balmoral is the biggest cruise liner of the UK-based shipping line Fred Olsen Cruise Lines. Named after a favourite Royal residence in the Highlands of Scotland, the ship arrived ...  >>MORE

Queen Mary 2 docks in Khor Fakkan

Posted on 29/01/2015

The Cunard Liner Queen Mary 2, the largest cruise ship in the world, has docked in Khor Fakkan port, arriving from the Jordanian city of Aqaba as part of its round-the-world trip this year. Captain Christopher Rynd and his crew were greeted by a number of UAE officials, including Mohammed Mir Abdulrahman, Director-General of the Sharjah Department of Seaports and Customs, and Mohammed Kareem, Administrative Director of Port City of Khor Fakkan. At the port's pier, the Sharjah Commerce and ...  >>MORE

UAE’s first female crane operator works at Khalifa Port

Posted on 28/01/2015

Abu Dhabi Ports and Abu Dhabi Terminals' commitment to empowering Emirati talent has produced tangible results with the emergence of the first UAE female crane operator who controls one of the gigantic super-post-Panamax cranes at the Khalifa Port. She could have stayed a clerical worker in a convenient and well-furnished office environment, but Ayesha Hassan AbdulRahman Al Marzooqi chose differently. The 28-year old Emirati was looking for a new challenge and a hands-on position that was ...  >>MORE

Abu Dhabi Ports installs cutting edge terminal operating system

Posted on 27/01/2015

Abu Dhabi Ports is implementing a brand new terminal operating system, TOS, which will enhance the general cargo operations at the emirate's ports, significantly improving processing times and the full range of customer service offerings. The state-of-the-art port management software called "Master Terminal" will replace Abu Dhabi Ports' existing systems and support the management of all aspects of the general cargo operations, including bulk, break bulk, project and Roll-On/Roll-Off cargo. ...  >>MORE

Gulftainer surpasses 400,000 TEU milestone at Sharjah Container Terminal in 2014

Posted on 07/01/2015

Gulftainer company has marked another significant milestone with the Sharjah Container Terminal, SCT, surpassing 400,000 TEUs (Twenty Foot Equivalent Units) in annual throughput during 2014. SCT has again recorded double-digit growth compared to last year's volumes. The achievement was reached with an impressive safety record under challenging conditions including space constraints. Iain Rawlinson, Group Commercial Director of Gulftainer, said, "The professional approach of Gulftainer's ...  >>MORE

ADCB and Abu Dhabi Terminals sign finance agreement to develop Khalifa Port

Posted on 05/01/2015

Abu Dhabi Commercial Bank, ADCB, announced yesterday a financing agreement with Abu Dhabi Terminals, ADT, for the development of the Khalifa Port Container Terminal, KPCT, the region's first semi-automated and most technologically advanced container terminal. The Dh300 million agreement marks the first long-term finance solution for ADT, and extends ADCB's relationship with the terminal operator to include its complete suite of products and services. ADCB will act as the sole provider of cash ...  >>MORE

DC launches "Dubai Customs: Mission and Commitment" book

Posted on 23/12/2014

Dubai Customs, DC, has launched a book entitled "Dubai Customs: Mission and Commitment", in an effort to provide a viable documentation of the DC past linking it with its present and as a threshold to the nearby future, highlighting the stages of development and progress while emphasising national, regional and international achievements. The book was launched at a ceremony attended by Mohammed Ahmed Al Murr, Chairman of the Federal National Council, FNC, Ahmed Mahboob Musabih, Director of ...  >>MORE

Jebel Ali Port efficiently handles biggest sugar carrier in world

Posted on 19/12/2014

Jebel Ali Port welcomed the biggest sugar carrier in the world, carrying 106 thousand tons of sugar imported from Brazil by Dubai's Al Khaleej Sugar Refinery, the world's largest stand-alone refinery. Welcoming the world's biggest sugar carrier at Jebel Ali Port were Sultan Ahmed bin Sulayem, Chairman of DP World and Chairman of Ports, Customs and Free Zone Corporation, in presence of Jamal Al Ghurair, Managing Director of Al Khaleej Sugar Co. (LLC), along with a host of DP World officials. ...  >>MORE

DP World shareholders approve London de-listing, acquisition of JAFZ

Posted on 19/12/2014

DP World, one of the world's largest port operators, on Thursday said its shareholders have approved delisting from the London Stock Exchange and the acquisition of Economic Zones World FZE (EZW), owner of the Jebel Ali Free Zone (JAFZ). A company statement said that the resolutions put to shareholders at the extraordinary general meeting (EGM) of DP World Limited, held at The Wheelhouse, Jebel Ali Port, Jebel Ali, Dubai yesterday, Thursday, relate to the acquisition of Economic Zones World ...  >>MORE

ADPC launches "Maqta Gateway" project

Posted on 18/12/2014

Under the patronage of H.H. Sheikh Hazza bin Zayed Al Nahyan, National Security Advisor and Vice Chairman of the Executive Council of Abu Dhabi, the Abu Dhabi Ports Company (ADPC) launched today a new innovative port community system project, "Maqta Gateway", to serve the community by interlinking all of the relevant parties involved in Abu Dhabi's growing import and export trade business. Taking the "one-stop-shop" philosophy to a new level, "Maqta Gateway" will offer ports, exporters, ...  >>MORE

UAE supports Tangier-Mediterranean Port in Morocco

Posted on 17/12/2014

TANGIER: A delegation representing the Abu Dhabi Fund for Development, ADFD, has been briefed on plans to complete the second phase of the Tangier-Mediterranean Port in the Kingdom of Morocco. ADFD funded the first phase with a development loan of Dh734.6 million, along with a government grant valued at Dh367.3 million, bringing the total funding of the project from the United Arab Emirates to some Dh1.1 billion. The briefing took place during the delegation's tour to inspect projects carried ...  >>MORE

DP WORLD wins Best Company for Investor Relations in The Middle East

Posted on 17/12/2014

DP World has won four awards at the 6th Annual IR Conference and Awards Ceremony in Dubai, including the Best Company for Investor Relations, Middle East, following a global survey of financial industry stakeholders. Organised by The Middle East Investor Relations Society, ME-IR Society, the event recognises the region's best performers in investor relations, as voted by investors and analysts in an independent Thomson Reuters Extel survey. Three additional awards, Best Company for Investor ...  >>MORE

Abu Dhabi Terminals achieves ISO 28001:2007 Certification for Khalifa Port Container Terminal

Posted on 08/12/2014

Abu Dhabi Terminals (ADT), manager and operator of Khalifa Port Container Terminal, has received ISO 28001:2007 Certification in Security Management Systems. The stringent international standards are designed to demonstrate that port operators give the highest priority to security and professionalism in order to safeguard the international supply chain – vital to the economic growth of trading nations. ADT has said that the certification is a proof for its procedures and training which have ...  >>MORE

Dubai Customs receives the grand prize from Ideas UK Association

Posted on 26/11/2014

Dubai Customs (DC) has been crowned at the top of the world's innovation and creativity realms upon winning the grand prize from Ideas UK Association for the year 2014; hence becoming the first government entity in the globe to receive this prestigious recognition. Dubai Customs also secured the platinum level accreditation for implementing suggestions system. DC is the first government department of its kind to earn such accreditation worldwide for the fifth consecutive year, with a full ...  >>MORE

DP World, Qingdao Port Group sign strategic framework agreement on port cooperation

Posted on 24/11/2014

DP World and Qingdao Port Group have signed a strategic framework agreement to enhance port cooperation. The agreement was signed by DP World Chairman, Sultan Ahmed bin Sulayem, and Qingdao Port Group Chairman, Zheng Minghua, during Mr Zheng's recent visit to Jebel Ali, to further strengthen ties between their respective ports in Qingdao, China and Dubai. DP World and Qingdao Port Group are already joint venture partners and the agreement builds on the existing collaboration between the two ...  >>MORE

JOC names Jebel Ali world’s most productive port

Posted on 20/11/2014

DP World's flagship Jebel Ali Port has added another accolade to its already impressive resume. The Dubai port has just been named the world's most productive in the latest port productivity report from the highly respected US-based Journal of Commerce (JOC). The rankings are based on the average moves of containers per ship, per hour, in 2013 as reported by shipping lines themselves, representing more than 75 percent of global vessel capacity. Jebel Ali Port led the industry with an average ...  >>MORE

DP World’s $2.6b EZW acquisition latest Dubai asset shuffle

Posted on 14/11/2014

DP World's Thursday announcement that it has agreed to buy Economic Zones World (EZW) for $2.6 billion (Dh9.56 billion), the latest state-linked asset shuffle, is likely to alleviate pressure for Dubai World. Dubai World, the majority owner of both companies, has a $4.4 billion loan maturing in May 2015. DP World's purchase will inject fresh liquidity into its majority shareholder while also removing $859 million of EZW debt, which the port operator said it will take on as part of the deal. ...  >>MORE

Abu Dhabi's ADPC transfers RORO traffic to Khalifa Port

Posted on 13/11/2014

Abu Dhabi Ports Company (ADPC) is transferring all of its Roll-On and Roll-Off (RORO) cargo, such as cars and trucks, from Zayed Port to Khalifa Port. The move comes as a result of Abu Dhabi's growing vehicle import and export business and will be effective from 1 January 2015. As the maritime gateway to Abu Dhabi and one of the most advanced ports in the world, Khalifa Port offers more facilities and an increasing number of direct links (currently 52) to destination ports around the globe. ...  >>MORE

Abu Dhabi's Khalifa Port sets region's record for turnaround time for trucks

Posted on 11/11/2014

Abu Dhabi's Khalifa Port has hit a further milestone for port productivity: the truck turnaround time at the port's ultra-modern semi-automated container terminal has now dropped to just 12 minutes, making the terminal the most efficient in the region. Khalifa Port's container terminal which is operated by Abu Dhabi Ports Company's (ADPC) subsidiary Abu Dhabi Terminals (ADT), started off with a truck turnaround time of around 40 minutes at the beginning of commercial operations in September ...  >>MORE

Jebel Ali Port efficiently handles biggest ever bulk carrier vessel

Posted on 05/11/2014

DP World has welcomed the largest ever bulk carrier vessel to call at Jebel Ali port. The Saba Shipping's "Mega Star", more than a quarter of a kilometre long at 229 metres, was carrying around 79,000 tonnes of reinforcing steel from Turkey, destined for Dubai. Sultan Ahmed Bin Sulayem, Chairman of DP World, said: "Our flagship Jebel Ali Port serves a huge variety of customers, all to the same extremely high standard. The team in Jebel Ali rose to the challenge of handling the biggest ever ...  >>MORE

DP World reiterates support for fight against piracy in Somalia

Posted on 30/10/2014

Sultan Ahmad bin Sulayem, Chairman of the U.A.E.'s DP World, on Wednesday reiterated the global port operator's support for creating jobs and setting up maritime facilities in Somalia as part of the fight against piracy in the Horn of Africa. In his opening statement, Bin Sulayem, said, "As part of our efforts to help address the root causes of piracy on land, we at DP World this year initiated a series of expert panels to identify the opportunities for investment in Somalia, the barriers to ...  >>MORE

ADPC sets sail for projected maritime crew demand

Posted on 30/10/2014

Abu Dhabi Ports Company, ADPC, is setting sail to address future demand for maritime personnel in the Emirate. The company is developing its established training centre course offerings for maritime professionals and has joined with the Higher Colleges of Technology to develop and deliver new maritime training for Emirati college students. Firstly, ADPC 's state-of-the-art maritime training centre at Musaffah Port - the first one in the MENAS region to receive the Lloyd's Register Approved ...  >>MORE

Drydocks World to carry out major repair on rig "High Island IV" for Shelf Drilling

Posted on 26/10/2014

Drydocks World, the international service provider to the shipping, maritime, offshore, oil, gas, and energy sectors, has been chosen to carry out the drydocking and repairs of the jack-up "High Island IV" for Shelf Drilling, one of the major players in the shallow water drilling market, and owners of 40 rigs worldwide. Drydocks World-Dubai has a successful past with Shelf Drilling, previously completing a variety of work on six of their rigs, ranging from Saudi Aramco specifications to major ...  >>MORE

DP world welcomes first scheduled vessel to new Container Terminal 3 in Jebel Ali

Posted on 23/10/2014

DP World on Wednesday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility. The APL Phoenix was welcomed by DP World Chairman, Sultan Ahmed Bin Sulayem, and other senior officials from DP World. The global ports operator says that once fully operational next year, the world's most modern container terminal will add a further 4 million TEU (twenty-foot equivalent container units) ...  >>MORE

Khalifa Port’s productivity level grows by 36 percent

Posted on 20/10/2014

As one of the U.A.E.'s leading enablers of development and trade, Abu Dhabi Ports Company, ADPC, is fast progressing while taking significant steps on its way to diversify Abu Dhabi's economy. Only two years after the start of commercial operations, ADPC's state-of-the-art Khalifa Port now ranks number five in the Europe, Middle East and Africa (EMEA) region with regard to port productivity, according to a report published by the Journal of Commerce (JOC). At present, Khalifa Port shows a ...  >>MORE

Sultan bin Sulayem presents DP World’s experience and global role in ports industry to the Atlantic Council Leadership Delegation

Posted on 16/10/2014

Sultan Ahmed bin Sulayem, Chairman of DP World and Chairman of Ports, Customs and Free Zone Corporation, has received a delegation from the Atlantic Council Leadership, headed by Chairman Jon M. Huntsman. Bin Sulayem presented to the delegation DP World's vibrant role in the ports industry, having a portfolio of more than 65 marine terminals across six continents. Following the presentation, the delegation toured Jebel Ali Port, where they were briefed on the port's ongoing expansion projects, ...  >>MORE

Drydocks World announces signing ceremony to build wind platform BorWin 3

Posted on 14/10/2014

Drydocks World has signed an agreement with Petrofac to build the BorWin3 high voltage direct current (HVDC) converter platform in the North Sea, named BorWin gamma. When completed, this will provide an essential renewable offshore resource to meet increasing energy demands. Drydocks World has successfully secured the contract for the fabrication, commissioning and load out of the BorWin3 platform, which will transmit electricity from the connected offshore wind farms to the mainland of ...  >>MORE

Dubai's P&O Maritime buys majority stake in Spain's Repasa

Posted on 12/09/2014

P&O Maritime, a wholly owned subsidiary of Dubai-based global marine terminal operator DP World, on Thursday announced its acquisition of a majority stake in Remolcadores de Puerto y Altura S.A. (Repasa), a Spanish operator of offshore support vessels for the energy industry, to form a new joint venture company under the P&O Maritime brand. Through the deal, the value of which was not disclosed, P&O Maritime will expand its global geographic presence to include the Mediterranean and West ...  >>MORE

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Quick List

DP World Maputo to dredge deeper access channel to boost capacity


Record breaking 11 rigs berthed in Drydocks World Dubai


DP World announces strong financial results


Abu Dhabi Ports forecasts 17 percent growth of general cargo


DP World acquires the Economic Zones World FZE


Abu Dhabi Ports celebrates first entire Emirati port operations team


World’s largest container Ro-Ro vessel makes maiden call at Khalifa Port


Khalifa Port adds new direct service to and from Pakistan


Khalifa Port Container Terminal achieves 26 percent growth in 2014


DP World reports 8.9% volume growth in 2014


Abu Dhabi Ports boosts quick oil spill response


DP World tops pan Arab governance index for second year


Queen Mary 2 calls at Zayed Port


Cruise ship 'MS Balmoral' makes debut call at Zayed Port


Queen Mary 2 docks in Khor Fakkan


UAE’s first female crane operator works at Khalifa Port


Abu Dhabi Ports installs cutting edge terminal operating system


Gulftainer surpasses 400,000 TEU milestone at Sharjah Container Terminal in 2014


ADCB and Abu Dhabi Terminals sign finance agreement to develop Khalifa Port


DC launches "Dubai Customs: Mission and Commitment" book


Jebel Ali Port efficiently handles biggest sugar carrier in world


DP World shareholders approve London de-listing, acquisition of JAFZ


ADPC launches "Maqta Gateway" project


UAE supports Tangier-Mediterranean Port in Morocco


DP WORLD wins Best Company for Investor Relations in The Middle East


Abu Dhabi Terminals achieves ISO 28001:2007 Certification for Khalifa Port Container Terminal


Dubai Customs receives the grand prize from Ideas UK Association


DP World, Qingdao Port Group sign strategic framework agreement on port cooperation


JOC names Jebel Ali world’s most productive port


DP World’s $2.6b EZW acquisition latest Dubai asset shuffle


Abu Dhabi's ADPC transfers RORO traffic to Khalifa Port


Abu Dhabi's Khalifa Port sets region's record for turnaround time for trucks


Jebel Ali Port efficiently handles biggest ever bulk carrier vessel


DP World reiterates support for fight against piracy in Somalia


ADPC sets sail for projected maritime crew demand


Drydocks World to carry out major repair on rig "High Island IV" for Shelf Drilling


DP world welcomes first scheduled vessel to new Container Terminal 3 in Jebel Ali


Khalifa Port’s productivity level grows by 36 percent


Sultan bin Sulayem presents DP World’s experience and global role in ports industry to the Atlantic Council Leadership Delegation


Drydocks World announces signing ceremony to build wind platform BorWin 3


Dubai's P&O Maritime buys majority stake in Spain's Repasa