Jafza News

Dubai based logistics giant DP World has signed a memorandum of understanding (MoU) to develop a free economic zone for industry and logistics in Namibia.The port operator said the agreement with Namibia’s Nara Namib Free Economic Industrial Zone will support the growth of Namibia as a regional hub for southern Africa.The development will help Namibia grow as a center for industrial operations and logistics, creating opportunities and jobs across multiple sectors including agriculture, fishing, automotive and mining.The facility at Walvis Bay will provide businesses with development-ready land for industrial and logistics operations…

DP World, a Dubai-based global port operator, announced that it has expanded its business in Peru into a fully-integrated maritime and logistics operation.It has completed the development of the first phase of the deepwater port of Posorja in Ecuador for around $538 million. The whole project is estimated to cost around $1.2 billion.The development of the port by DP World will make Ecuador a trade and logistics hub for South America’s west coast. It will also see large container ships with capabilities exceeding 10, 000 twenty-foot equivalent (teu) arriving at the port of Posorja.Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World…

Trelleborg’s marine and infrastructure operation has relocated its headquarters and Dubai marine fender sales operation to Jafza One, a new, premium commercial complex in the heart of Jebel Ali Free Zone, Dubai in the UAE.The move to a larger office space follows the formation in quarter one 2019 of Trelleborg’s marine and infrastructure operation, formerly Trelleborg Marine Systems. In addition to its marine solutions, the operation has widened its remit to include Trelleborg’s infrastructure operation as well as its Qingdao-based sales office and manufacturing facility…

The global port operator DP World's UAE Region has been recognised for its efforts to create a more efficient and sustainable supply chain when it was awarded the Supply Chain Sustainability Award at this year’s Gulf Petrochemicals and Chemicals Association (GPCA) Supply Chain Conference.Mohammed Sulaiman, Business Development Manager of DP World, UAE Region, received the award on behalf of the company at a ceremony held at the Intercontinental Hotel in Dubai’s Festival City, said a press release.The Supply Chain Sustainability Award recognises organisations that initiate best practices in supply chain management through programmes or projects that have a noticeable impact on the economy…

An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed between the global trade enabler and the Zhejiang China Commodities City Group, providing further impetus to China’s Belt and Road Initiative.DP World will be building the ‘Traders Market’ within the Jebel Ali Free Zone Area located in Jafza South next to the Dubai Expo 2020 site.The market will include clusters of traders from all over the world, offering a wide range of products at one site. They will be divided by sector, ranging from household goods…

Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, has met senior  executives from India’s Tata Group to explore opportunities for cooperation, knowledge sharing and best practice. Discussions covered logistics and supply chain operations, innovative customer care and creating high quality, sustainable services. The meeting was attended by Ahmed Al Haddad, Chief Operating Officer, Jafza, and Mahmood Al Bastaki, CEO, Dubai Trade. Bin Sulayem outlined DP World’s operations across 40 countries, and its role in enabling trade across the global supply chain by providing industry-leading services, including the Jebel Ali model of integrated port and free zone, which is now gaining popularity around the world.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World and Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZone), presented details of the recent agreement to develop an integrated industrial and residential zone at Sokhna in Egypt to investors and businesses in Dubai. The opportunities to invest and launch operations in the project were outlined to company representatives, many of whom already have existing outlets in Dubai’s Jebel Ali Freezone (Jafza). Sokhna World Zone will create a sustainable industrial area to attract foreign investment and will feature a range of investment incentives and encourage innovation using best international practice in the management of Special Economic Zones (SEZs)…

In cooperation with Det Norske Veritas, one of the world's largest classification society of vessels, Dubai Maritime City Authority's (DMCA) 'Maritime Innovation' workshop recently concluded with high participation from maritime industry pioneers and other government entities such as DP World, Dry Docks World, Dubai Maritime City, JAFZA and Trakhees. The workshop was organized to attract investment in innovation, initiate research and development initiatives, enhance the local sector's competitiveness, and make Dubai one of the world's leading maritime capitals. Held under the supervision of Sven Adgeran, Head of Innovation at Det Norske Veritas…

Global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem spoke at China’s Belt and Road Summit in Hong Kong this week highlighting the need for better international cross-sector connectivity in order to realise the significant trade potential. Speaking on a panel entitled ‘Enhancing cross-sector connectivity along the Belt and Road’ he stressed the impact on global trade that economic cooperation can bring, with more than 60 countries involved in the One Belt One Road (OBOR) initiative. The OBOR includes 30% of the world’s countries home to 70% of its population, 55% of global GNP and 75% of total energy reserves.

DP World Limited handled 60 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2014, with gross container volumes growing by 8.9% on reported basis and 8.0% on a like-for-like1 basis. New volume at London Gateway (UK) and Embraport (Brazil) contributed to the increase in reported volumes. Growth in 2014 was largely driven by the Asia Pacific and India Subcontinent region, Europe and UAE terminals. The UAE delivered an impressive performance handling 15.2 million TEU, representing growth of 11.8% for the year. Europe showed a solid return to volume growth in 2014. At a consolidated level, our terminals handled 28.3 million TEU during 2014, a 9.5% improvement in like-for-like3 performance.

GE Oil & Gas today celebrated the ground-breaking of a new facility that will further expand its presence in the UAE in Jebel Ali Free Zone (Jafza). Scheduled to open in 2015, the new facility spreads over an area of 22,700 sqm and can accommodate over 300 employees. A milestone in the expansion of GE Oil & Gas in the country and the region, the new facility will offer services by GE Oil & Gas’ various business units, thus strengthening customer service standards. Housed in a customized state-of-the-art facility developed by Jafza, the new GE Oil & Gas Manufacturing & Technology Center will offer tailored training programs, and also feature a dedicated repair center that will help improve the speed of service delivered by being closer to the customers.

Leading maritime ropes supplier, Lankhorst Ropes is opening its first branch office in the Arabian Peninsula at Dubai in the United Arab Emirates, at the beginning of April. The new office will provide sales and technical support to the growing number of Lankhorst customers in the region. The Dubai office brings to eight the number of Lankhorst Ropes sales offices globally. Lankhorst Ropes supplies both synthetic and steelwire rope to maritime companies. With increasing commercial and environmental demands on maritime operators…

According to reports, DP World, on target to achieve 40 percent growth in four years, will spend up to $3b to boost container traffic at the 52 port terminals it currently operates around the globe. Announcing the formal launch of Dubai World — the holding group comprising a collection of companies, including P&F World, the parent company of DP World — Sulayem said the diversified entity, which has seen the size and spread of business growing over the past couple of years, is geared to tap further huge potential for growth. Sulayem said DP World and its adviser Deutsche Bank were evaluating various offers for the six US terminals it acquired as part of the $6.8 billion take-over of Peninsular & Oriental Steam Navigation Company in February.