CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. First Phase Of Jebel Ali Expansion On Track

First Phase Of Jebel Ali Expansion On Track

by Lorys Charalambous, Tax-News.com, Cyprus

03 January 2013


DP World has achieved a major milestone in the expansion of its flagship port Jebel Ali which will allow the facility to soon handle six 15,000-Twenty Foot Equivalent Unit (TEU) mega ships simultaneously.

DP World Chairman Ahmed Bin Sulayem oversaw the installation of the last of the 275,265 ton blocks to establish the foundation for the extended quay wall. The expansion, to increase Terminal 2's capacity by 1m TEUs, is to be completed in the second half of 2013. Meanwhile, across the harbor from Terminal 2, work is also well underway on the brand new, state of the art, 4m TEU capacity Terminal 3, set to open in 2014, taking Jebel Ali’s total capacity to 19m TEUs. When the expansion work is complete, Jebel Ali Port will be able to handle ten of the next generation 18,000-TEU mega vessels at the same time - the only port in the region able to do so.

In the first nine months of 2012 DP World, UAE Region, handled almost 10m TEUs, 4.6% more than in the same period last year. In addition, Jebel Ali achieved record activity levels in terms of facilitating roll-on roll-off (Ro-Ro) vehicle carriers. Having handled more than 500,000 vehicles in the less than 12 months to December 17, 2012, the Port surpassed the previous full-year record set before the financial crisis in 2008, when the number of vehicles handled through the port amounted to 479,000.

Welcoming the progress made on the expansion work, Bin Sulayem, said: "DP World’s pipeline of expansion projects and new developments are in line with the industry’s emerging horizons both in terms of capacity and technology. As our flagship facility and the largest port in the Middle East, Jebel Ali has consistently brought efficiency to one of the busiest supply chains in the world. DP World remains committed to supporting Dubai’s unparalleled position as the region’s commercial hub and welcoming the next generation mega container ships."

Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, said: "For well over a year now, DP World, UAE Region has been handling volumes of more than 1m TEU every month. With our customers now deploying ultra large container ships, Jebel Ali is racing ahead with its capacity expansion to meet their demand. The expansion of Terminal 2 and the development of Terminal 3 will allow us to offer customers not just greater efficiencies but also economies of scale to match changing trade patterns."

Tariq Bin Khalifa, Director - General Cargo, DP World, UAE Region, added: "Jebel Ali’s strength lies in the high degree of specialization and operational efficiencies we offer in handling diverse kinds of cargo. By handling over half a million vehicles in less than a full calendar year our Ro-Ro terminal has once again proved its world class capabilities and the importance DP World UAE Region continues to give to general cargo throughput alongside our container handling business."

General Cargo facilities at Jebel Ali include 30 berths and a total storage area of over 1.3m square meters, comprising 1.2m square meters of open storage and 100,000 square meters of covered space.

TAGS: marine

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »