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Sunday, September 25, 2011

DP World Increases Capacity at Jebel Ali Port To 15 Million TEU


DUBAI, United Arab Emirates - Sunday, September 25th 2011 [ME NewsWire]

A 400 metre quay extension will add a further 1 million TEU capacity

Investments in technology and management skills helped

DP World, UAE Region post its best performance, says Al Muallem

DP World announced today the construction of a 400 metre quay extension at its flagship Jebel Ali Port, increasing the capacity at the facility by 1 million TEU to 15 million TEU.

The expansion, expected to be concluded by the end of 2012, will extend the quay at Jebel Ali Container Terminal 2 to 3,000 metres. This will permit Jebel Ali to handle up to six vessels of 15000 TEU simultaneously, hence improving efficiencies and reducing turnaround times.

Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, in his keynote address to the TOC Container Supply Chain Middle East 2011 Conference, said of the expansion plans:

“We have seen very strong container volume growth in the region, with DP World, UAE Region handling a record 6.1 million TEU in the first six months of 2011. This further expansion of Jebel Ali demonstrates our commitment to deliver the best-in-class infrastructure for our customers and continues to ensure Jebel Ali is integral to delivering trade growth within the region.”

The UAE Region also delivered its best ever quarterly performance with a second quarter throughput of 3.1 million TEU.

The last major expansion at Jebel Ali was an additional 5 million TEU which opened in phases from 2008. T2 is currently equipped with 29 Super Post Panamax gantry cranes and 60 Rail Mounted Gantries (RMG), and with a draught of 17 metres is capable of handling the world’s largest container liners.

Hosted by DP World, the three-day TOC conference and exhibition event is being held under the theme of “Delivering the Next Generation of Ports, Shipping & Logistics”. Dozens of international and regional delegates, including industry leaders, experts and government officials, are gathered in Dubai to examine the realities and challenges of the containerised logistics business in the Middle East.

Mr Al Muallem said the way forward for the region’s ports and shipping sector would be through proactively delivering operational efficiencies that bring measurable benefits to the supply chain community.

He said: “Customers are increasingly looking at port operators and shipping lines as strategic innovation partners, and it is the responsibility of the industry to rise up to this expectation. Increased collaboration among all parties in the supply chain can help create greater understanding of the industry’s changing needs and build partnerships based on strategic innovation and improved efficiencies for all.”

-ENDS-

About DP World

DP World operates more than 60 terminals across six continents(1), with container handling generating around 80% of its revenue. In addition, the company currently has nine new developments and major expansions underway in nine countries.

DP World aims to enhance customers’ supply chain efficiency by effectively managing container, bulk and other terminal cargo. Its dedicated, experienced and professional team of nearly 30,000 people serves customers in some of the most dynamic economies in the world.

The company constantly invests in terminal infrastructure, facilities and people, working closely with customers and business partners to provide quality services today and tomorrow, when and where customers need them.

In taking this customer-centric approach, DP World is building on the established relationships and superior level of service demonstrated at its flagship Jebel Ali facility in Dubai, which has been voted “Best Seaport in the Middle East” for 17 consecutive years.

In 2010, DP World handled nearly 50 million TEU (twenty-foot equivalent container units) across its portfolio from the Americas to Asia. With a pipeline of expansion and development projects in key growth markets, including India, China and the Middle East, capacity is expected to rise to around 95 million TEU by 2020, in line with market demand.

www.dpworld.com

(1) As of 17 August 2011. Includes non-container terminals

Contacts

Natasha Bukhari

Global Corporate Communications Manager

DP World

Tel: +97156 6821699

Natasha.Bukhari@dpworld.com



Hasaad Communications:

Sanaa Maadad

Director, Media

Hasaad Communications

Tel: +97150 5522610

sana@hasaad.ae

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