Business, Freight News, Logistics, Sea

Jebel Ali to grow again

[ December 5, 2011   //   Chris ]

DP World will expand its flagship port at Jebel Ali in the UAE by an additional 4 million teu a year, bringing total capacity to 19m teu by 2014. DP World will be investing around $850 million over three years adapting 1,860 metres of quayside and 70 hectares of yard from an existing general cargo berth into a new container terminal within the existing container port. The investment will be financed from existing cash resources and cashflow.

DP World will expand its flagship port at Jebel Ali in the UAE by an additional 4 million teu a year, bringing total capacity to 19m teu by 2014. DP World will be investing around $850 million over three years adapting 1,860 metres of quayside and 70 hectares of yard from an existing general cargo berth into a new container terminal within the existing container port. The investment will be financed from existing cash resources and cashflow.