Seafaring Tradition Perhaps Key to DP World's Growth

Press Release
Monday, April 08, 2013

At DP World's annual gala dinner the chairman noted the company's success was rooted in UAE's rich maritime tradition.

The UAE’s rich sea-faring tradition supported and drove DP World’s rise from a local port operator to today being third largest marine terminal operator globally, said Chairman H.E. Sultan Ahmed Bin Sulayem addressing the recent Annual Grand Gala Dinner of DP World, UAE Region.

Addressing the event held under the theme “Dreams of the Sea”, the title of DP World’s interactive project that narrates the maritime history of this land, Chairman Sultan Ahmed Bin Sulayem said: “Dubai’s transformation into the trading hub of the region was driven by the visionary investments our leadership made in the infrastructure sector, especially its ports.
DP World’s flagship Jebel Ali Port is a fine example of the dreams that became reality, not just in Dubai but across the UAE.”

Trading with more than 220 countries, the UAE is the world’s third largest re-export market and is home to nine seaports with Jebel Ali, with more than 15 million TEU (twenty foot equivalent container units) capacity, the largest container terminal between Rotterdam and Singapore.

The Grand Gala evening held at Jumeirah Beach Hotel was attended by more than 700 invitees including top executives from DP World’s stakeholders, shipping lines, traders, logistics companies and other supply chain operators.

 

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

People & Company News

TOTE, Saltchuk Secure Financing for Marlin Class Vessels

Maritime Administration to Provide Title XI Loan Guarantee for World’s First LNG Containerships Today, the U.S. Maritime Administration (MARAD) announced a $324.

Transocean: Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service

Barczak Joins Alan C. McClure Associates

Naval architecture and engineering firm Alan C. McClure Associates (ACMA) announced today that Registered Professional Engineer Nicholas Barczakhas joined the ACMA team as a naval architect.

Ports

San Francisco Bay Fuel Spill Under Investigation

The U.S. Coast Guard and California Department of Fish and Wildlife personnel continue to respond to a fuel spill that occurred near Pier 45 at Fishman's Wharf in the San Francisco Bay Saturday.

Construction Begins on Chouest’s B-Port

Sprawling facility located in Açu Port in São João da Barra, Rio de Janeiro-RJ, Brazil Officials representing the Edison Chouest Offshore family of companies

Damen Delivers Tug to Bremenports

Bremenports, the management company for the twin German ports of Bremen and Bremenhaven, took delivery of its first Damen-built vessel – a Stan Tug (Stu) 1606.

People in the News

TOTE Receives $324.6m Title XI Loan Guarantee

New vessels will create jobs, increase amount of cargo moved between Florida and Puerto Rico U.S. Transportation Secretary Anthony Foxx today announced the approval of a $324.

Maersk CEO Appointed to UN Advisory

Morten Engelstoft, CEO of Services and Other Shipping, said CO2 issues will be on his agenda as a newly appointed member of a UN High-level Advisory Group for Sustainable Transport.

McAllister Towing Celebrates 150 in Style

McAllister Towing hosted a dual celebration in New York City on Friday, September 19, a gala in honor of the company’s 150th anniversary and a traditional christening of the Buckley McAllister,

Logistics

Construction Begins on Chouest’s B-Port

Sprawling facility located in Açu Port in São João da Barra, Rio de Janeiro-RJ, Brazil Officials representing the Edison Chouest Offshore family of companies

Statoil: New Compressor Means Heightened Production

The new compressor in operation on the Kvitebjørn field in the North Sea from 17 September will increase production there by 220 million barrels of oil equivalent

China's Navy Enters Strait of Hormuz

Bandar Abbas, home of Iran's navy and the main port in the strategically important Strait of Hormuz, is currently hosting two Chinese naval vessels on a five-day goodwill visit,

Middle East

China's Navy Enters Strait of Hormuz

Bandar Abbas, home of Iran's navy and the main port in the strategically important Strait of Hormuz, is currently hosting two Chinese naval vessels on a five-day goodwill visit,

Oil Edges Below $99 but Supply Risks in Focus

Oil traded slightly lower below $99 a barrel on Thursday, pressured by ample supply and concern over the weakening of demand growth in major consumer nations, as well as a rise in the U.

World’s Largest Fast Crew Boat Christened at Incat

The 70-meter Fast Crew Boat (FCB) was christened Muslim Magomayev at a ceremony at the Incat shipyard on Monday, September 15. This is the first vessel that

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Ship Electronics Ship Repair 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: 0.1158 sec (9 req/sec)