Middle East – Page 28
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SAUDI ARABIA BIG ON BOXES
Saudi Arabia claims it will develop the largest container terminal in the Middle East at Emaar Economic City.This will be capable of throughputs in the region of 10m teu annually, as well as being able to accommodate breakbulk and dry bulk vessels.
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DUNCA BACK IN BUSINESS
Nigeria''s Dunca inland container terminal has recommenced services after a 14-month shutdown. New owners are AP Moller, Greenview and ENL Terminals.
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JEBEL ALI CAPACITY HIKE
Jebel Ali Port has announced that it will boost capacity from around 8m teu to 67m teu by 2030.This reflects a 41% increase in exports from the adjacent free zone.
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Middle Eastern riches
The Gulf is a hotbed of port development as nations vie for cargo business.Alex Hughes makes sense of the frantic pace
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Win-win for Sharjah
Sustained growth in throughput at Sharjah''s key arteries has been attributed to the changing logistics environment in the United Arab Emirates, particularly the core industrial and commercial corridor between Jebel Ali and Sharjah/Ajman.
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One to watch
While Dubai, Abu Dhabi, Fujairah and Sharjah have led the way in port development in the United Arab Emirates,Ras Al Khaimah has played something of a secondary role. However, rising cargo volumes have prompted the Emirate to announce the development a second port facility costing ¢ 23m.
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Aqaba's changing fortunes
APM Terminal''s helping hand has lifted throughput at Jordan''s primary port.
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Double take
Upper Gulf keen to secure its share of region''s port business with additional terminals planned to serve the north
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Abu Dhabi growth gathers momentum with second port
Abu Dhabi is planning a second port in the industrial township of Musaffah to handle some 5m-9m tonnes per annum.
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Gulftainer lands Comoros Islands contract
United Arab Emirates container terminal manager and operator Gulftainer has agreed a 15-year contract to operate, manage and upgrade the Comoros Islands ports of Moroni and Mutsamudu.
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APM signs Aqaba agreement
APM Terminals and Aqaba Development Corporation have signed a joint venture agreement to manage Aqaba Container Terminal for a period of 25 years.The two companies are to develop the terminal to handle 2.4m teu/year.
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BMT's Middle Eastern promise
International consultant BMT has stepped up its commitments in Abu Dhabi, assisting with a concession for Mina Zayed Port and completing a business plan for a major new offshore port development near Abu Dhabi.
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ICTSI WINS TARTOUS CONCESSION
Hopes are that the port will serve Vietnam's future in global commerce.ICTSI has been awarded a 10-year concession to operate Tartous Container Terminal in Syria, with scope for a five-year extension in the contract. Also bidding were CMA CGM, Kuwait and Gulf Link Transport/Gulf Stevedoring and OPM/PWC Logistics. Tartous, claims ...
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ZPMC RTGs for Sohar
Oman International Container Terminal, at the port of Sohar, has acquired four ZPMC RTGs equipped with global positioning systems.
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Supersize Khorfakkan
Khorfakkan received its largest ever ship in July, with the arrival of the 9,415 CMACGM Fidelio at the recently completed 400-metre quay.
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KGL AWARDED DAMIETTA
At present, ships drawing up to 13m-13.5m can access the facility; dredging will deepen this to 15m. The work is needed to stop cargo migrating to either Djibouti or Durban. Kuwait terminal operator KGL Port International, which forms part of the Kuwait & Gulf Link Transport Company, has been awarded ...
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DP World plans flotation
DP World is to undertake an initial public offering within 18 months. The world''s third largest terminal operator has said that it must undertake an IPO given its global status, which has to be matched by a global shareholding base.
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LIEBHERR UPS KHORFAKKAN RTGS
The $6.8bn that the company paid for P&O Ports last February and the $3bn it expects to invest in new container terminals and on expanding existing facilities will likely influence the eventual size of the IPO. Senior vice president for corporate strategy, Yuvraj Narayan commented that raising the additional capital ...
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Menas cuts navigation dues in Gulf
Navigation dues for ships calling at ports in the Middle East Gulf have been substantially reduced effective July 1 by the Middle East Navigation Aids Service (Menas).
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PRIVATISED ISRAELI PORTS FIRST ANNIVERSARY
Informed sources indicate that a major roadblock is the issue of Hutchison Port Holdings getting security clearance to bid for the project. The Cabinet Committee on Internal Security, which met in March to decide on the issue, referred the matter to the National Security Council who, in turn, requested an ...