Middle East – Page 23
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NewsDP World set to cut costs
One of the largest global terminal operators, DP World, has just confirmed that although it increased throughput by 8% over 2007, it is preparing to cut costs and minimise cash outflow.
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NewsLondon Gateway under way
DP is starting work on the biggest development within the Port of London for more than 100 years. The 1,500 acre London Gateway will combine a fully automated deepwater container terminal and Europe''s largest logistics park.
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NewsDP upbeat on Aden
Expansions into Yemen and Algeria in recent months have taken DP World''s network to a total of 48 terminals in 27 countries. Felicity Landon finds out about the latest moves
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Strike greets DP World handover at Aden
DP World has now officially taken over management of box handling at the Port of Aden under a joint venture with the Yemen Gulf of Aden Port Corporation.
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DP World unfazed by economic downturn
DP World says that the economic downturn will not have any impact on completion of the new international transhipment terminal at Kochi in India.
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Salalah expansion signs up tractors
Kalmar has been awarded a contract to supply 42 Ottawa 4x2 terminal tractors for the expansion of the Port of Salalah, located in the southern region of Oman.
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DP World in Algerian venture
DP World (50%) and Entreprise Portuaire d''Alger-EPAL ed Entreprise Portuaire de Djen Djen (50%) have put together a joint-venture to manage a container terminal in the Algerian Port of Djen Djen. In the first stage development, a 200-metre quay will be built to serve a back area of 150,000 square ...
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NewsJebel Ali slashes congestion times
Delays at DP World''s flagship Jebel Ali facility in Dubai have been cut from as long as a week to less than a day following the introduction of higher storage charges.
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Port Said to undertake serious development
Port Said on the Suez Canal could receive investment of $5.42bn to expand existing facilities. By 2015, the Port will be handling more than 50m containers.
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Tanger-Med II gets development cash
Tanger-Med Port is to receive a loan of $180m from Tangier Mediterranean Special Agency and the Arab Fund for Economic and Social Development.
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Jeddah expansion under way
Saudi Seaports Authority has started a $140m development programme centred on Jeddah Islamic Port, which aims to reduce congestion brought about by increased throughput.
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NewsShips for the desert
The Middle East is known for both areas of political volatility and large infrastructure projects, and both are combining to motivate one development that would be the mother of them all - a giant canal across the desert that could handle both oil tankers and freight ships.
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Bahrain to open in January
APM Terminals'' Bahrain Gateway facility at Khalifa bin Salman Port in Hidd is slated to open at the end of this year or in early January. The port will service the adjacent Bahrain Logistics Zone.
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NewsAiming upward
Kuwait also has its possibilities - and its problems. Easily one of the richest nations on earth, Kuwait collapsed as the region''s premier trade hub in the 1970s after the 1980-88 Iraq-Iran war, and Iraq''s 1990 invasion.
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NewsConstruction pushes ports
Ports of the United Arab Emirates are engaged in a flurry of activities to upgrade equipment and facilities on the back of an economic boom which has seen ports clogged up with both domestic products and construction materials.
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NewsStill burning bright?
Can the Middle East maintain its grip on financial stability while all around lose theirs? Stevie Knight investigates
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Investment plan in Saudi
Saudi Seaports Authority is to implement a $143m capacity enhancement programme. The main focus of attention will be at Jeddah Islamic Port, where money will be spent on boosting productivity.
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Qatar box terminal boost
Qatar is to build a new container terminal on a 1.08m sq m site at Kovalam. It will have a capacity to handle 5.3m teu when all three phases have been completed. Draft will be 20 metres.
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Salalah attracts 10
A total of 10 companies have bid for the contract to design and supervise the expansion of Salalah Port in Oman. Halcrow, Consulting Engineering Services, Dar al Handasah, Khatib & Alami, Jurong International Consulting, Korea Port Engineering Corporation, Sakoo Consulting Engineers, Cowi & Partners, Conser & Partners and Selhorn have ...
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Big loan for Fujairah
Fujairah Port has been granted a $245m syndicated loan arranged by the National Bank of Fujairah and the Commercial Bank of Dubai. Some of the money will be used to expand container handling facilities aimed at attracting larger vessels.
