Middle East – Page 16
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Doha leaves paper behind
A new state of the art terminal operating system (TOS) is in operation at Doha Port, Qatar – a strategic move into automation from a paper based operating system previously used to handle throughput at the terminal.
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DP World rides the world’s markets
After getting its cash flow and net debt back under control as a result of good performance and the selling of 75% of its Australian operations, DP World has “a solid platform” underfoot, but there remain challenges.
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DP World splashes cash on loan repayment
Cash-rich DP World is to repay a $3bn loan outstanding under its revolving credit facility due to mature in October 2012. The repayments will take place between 4 and 10 April 2012.
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Controversy surrounds Israeli crane operators
The Israeli port of Ashdod has confirmed that for every eight hour shift worked, two crane operators are employed to work each crane.
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Iraqi tensions abate over new Kuwait port
The recent tension between Iraq and Kuwait over the latter''s project to construct Mubarak Al-Kabeer Port close to the border with Iraq seems to have abated.
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Saudis place port development contracts
Saudi Ports Authority has placed contracts worth $133m to develop and maintain its ports.
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DP World handles record 54.7m teu
DP World reached record throughput volumes in 2011, handling over 54.7m teu at its terminals around the world.
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Sokhna strike strife for DP World
Port workers at Egypt’s Sokhna’s Port began planned general strikes at the weekend, with the promise of strife for operator DP World.
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Six accused over planned port attack
A planned attack on the hotly disputed Mubarak Port in Kuwait is the latest incident in a long line of protests against the development, which, Baghdad claims, will strangle its shipping lanes.
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Saudi Arabia woos Hormuz-reluctant shipping lines
The government of Saudi Arabia is making available its domestic ports so any shipping lines currently preferring not to enter the Strait of Hormuz can offload cargo there.
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Aden to renegotiate DP World concession?
Port Strategy has learnt from an industry source that there is speculation that the Yemeni government may be set to renegotiate the concession agreement signed by DP World and Aden Port Authority.
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GCC commits $15bn to ports
Ports in the Middle East Gulf are set to spend $15bn over the next five years in boosting capacity.
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GCC supports Kuwait’s Mubarak project
The Gulf Cooperation Council has spoken out in support of Kuwait in its development of Mubarak port, which it is taking forward despite objections from neighbouring Iraq.
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Gulftainer undaunted by double dip threat
Buoyed by a 10% increase in volumes at its Khorfakkan and Sharjah operations last year, Gulftainer is confident that this year will be just as successful.
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Aqaba port workers strike
On December 7, 3,200 workers of the Aqaba Port Corporation went on strike in protest against the Board of Directors who had failed to implement an agreement to improve working conditions.
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DP World pumps up UAE capacity
DP World has announced that it is to expand its flagship Jebel Ali port, creating an additional 4m teu. This will take total capacity to 19m teu by 2014.
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ADPC awarded for sustainability
Abu Dhabi Ports Company (ADPC) has gained recognition for protecting the environment in which it operates - by winning three environmental awards in the past week.
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Leading the charge
DP World UAE is leading from the front on commitments to growth and green initiatives, as Carly Fields find out
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Strabag to build Duqm port
Strabag has been awarded a €150m ($212m) contract to build the new port of Duqm, in Oman. As part of the contract, it will supply major expressway links to the port.
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Are US ports ready for the future?
In a testimony provided to the US House of Representatives, the American Association of Port Authorities (AAPA) has asked if US ports are ready for the future.