DP World Bolsters Investment in India
DP World Pvt. Ltd, the world’s fourth biggest container port operator majority owned by the Dubai government, has plans to invest over $1 billion in India for augmenting its port-related operations. The company is seeking to invest in expansion of brownfield terminals, new terminals, inland container depots and expansion of existing inter-modal rail services for rolling stock, Sultan Ahmed Bin Sulayem, group chairman and CEO said. The announcement was made during a visit to New Delhi and Mumbai by Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces of the UAE, and Sultan Ahmed Bin Sulayem.
Region’s Ports Vital Conduit for Africa-Asia Trade Development
The continent of Africa will take center stage at the 2013 World Ports & Trade Summit, which takes place in Abu Dhabi from March 19-20, with a special focus session on day two of the event to examine opportunities in the region for both trade and infrastructure development. Growth in seaborne trade between China and Africa is already benefiting UAE ports, as the world’s third largest economy and the emerging African continent rely on the Emirates’ trading gateway status, further boosted by growth in bilateral trade between South Africa and the UAE…
Drydocks World and Maritime World participation in NAVDEX
Drydocks World and Maritime World, the leading maritime service providers in the region, recorded outstanding success on its debut participation at NAVDEX. HH Lieutenant General Sheikh Mohammed bin Zayed bin Sultan Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces visited Drydocks World stand met key personnel. The stand attracted a lot of attention from key military personnel from all over the world, who evinced keen interest in the wide portfolio of services offered by the yard.
