DP World Invests in London Gateway

MarineLink.com
Thursday, February 20, 2014
Left to right: London Gateway CEO Simon Moore, DP World Group CEO Mohammed Sharaf, The Lord Mayor of the City of London Fiona Woolf, and The Lord Mayor’s Consort Nicholas Woolf.

The Lord Mayor of the City of London, Fiona Woolf, welcomed the foreign direct investment by Dubai’s DP World into London Gateway, while visiting the recently opened deep-sea container port and Europe’s largest logistics park.

During her visit, the Lord Mayor, climbed one of the world’s largest quay cranes to have an elevated view of the massive three square mile site, where work is underway for a Common User Facility and other proposed distribution centers.

The Right Honorable Fiona Woolf, said, “The Port of London has a vital role in this country’s great trading history. As the Admiral of the Port of London, I am proud to say that the opening of DP World London Gateway has secured London as an international shipping and trading hub for the 21st century.

“This is a fantastic inward investment that will reduce cost for U.K. businesses and bring many new jobs and benefits to supply chains by bringing goods closer to consumers.”

DP World Group CEO, Mohammed Sharaf, said, “We were delighted to have the Lord Mayor of the City of London visit us at DP World London Gateway to see first-hand our investment and the benefits of having a major port and logistics park on London’s door step.”

London Gateway CEO, Simon Moore said, “By bringing the port and distribution back to London and closer to consumers we are enabling supply chain savings and the eight million people in London will benefit.”

Located in the heart of the U.K.’s largest consumer market, DP World London Gateway reduces time, CO2 and fuel costs associated with moving goods from distant distribution centers.

Several shipping lines have taken advantage of DP World London Gateway during recent bad weather, with the port being less impacted by weather due to its sheltered location. It has taken eight unscheduled calls since Christmas, while other U.K. ports were face with delays and closures during high winds.

DP World London Gateway has a weekly call by the Southern Africa Europe Container service operated by MOL, Maersk, Safmarine and DAL.

Starting in May, Hamburg-Sud and Hapag-Lloyd will operate the South America East Coast service, a South America West Coast, Caribbean, Australia and New Zealand service and a North America West Coast, India, Pakistan and Middle East services from the port.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Cargill: 50,000T of Sugar Affected by Brazil Fire

Approximately 50,000 tonnes of sugar were stored in a warehouse affected by fire in the Teag terminal in Brazil on Monday, Cargill Inc said in a statement. The terminal,

GAO: Ending Crude Export Ban Could Ease 'Price at the Pump'

As the energy profile of the U.S. continues to improve and evolve daily, fresh debate in favor of exporting oil and gas products -- which would have a significant impact on the U.

'New Tango' Brings More Post-Panamax Ships to Charleston

New service expands Port of Charleston's capacity to serve North-South trade The SC Ports Authority today received the first ship call of a new consolidated

Environmental

IMO’s MEPC Addresses BWM Convention Issues

IMO’s environmental committee addresses implementation issues as ballast water management treaty nears entry into force Measures to assist in accelerating the

MEPC Approves Draft Polar Code

Draft Polar Code approved by IMO’s Marine Environment Protection Committee A key step on the way to a mandatory Polar Code for ships operating in Arctic and

Autonomous Technology for Offshore Wind Farm

ASV Ltd in association with Planet Ocean Ltd, have received funding from the GROW:OffshoreWind initiative to investigate how the use of Autonomous Surface Vehicles

News

Nordic American Offshore Declares Dividend

Nordic American Offshore Ltd. today announced that its board of directors has declared a dividend of $0.45 per common share for the third quarter 2014. This is the same as for the second quarter 2014.

Missouri River Basin is Booming

The U.S. Army Corps of Engineers Missouri River Basin Water Management Division is maintaining above normal releases at the four lower dams on the Missouri River.

Bollore Africa Logistics Sees Profit Plunge in H1

First half 2014 profit at shipping company Bollore Africa Logistics plunged to 5.89 billion CFA francs ($11.48 million) from 9.45 billion CFA francs in the same period last year,

Logistics

Missouri River Basin is Booming

The U.S. Army Corps of Engineers Missouri River Basin Water Management Division is maintaining above normal releases at the four lower dams on the Missouri River.

Bollore Africa Logistics Sees Profit Plunge in H1

First half 2014 profit at shipping company Bollore Africa Logistics plunged to 5.89 billion CFA francs ($11.48 million) from 9.45 billion CFA francs in the same period last year,

GAO: Ending Crude Export Ban Could Ease 'Price at the Pump'

As the energy profile of the U.S. continues to improve and evolve daily, fresh debate in favor of exporting oil and gas products -- which would have a significant impact on the U.

 
 
Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2829 sec (4 req/sec)