Ports operator DP World has started building a new US$1.6bn container terminal in Dubai in response to demand for more capacity and larger vessels
DP World said that the first phase of container Terminal 4 at Jebel Ali Port will create new capacity of 3.1mn twenty-foot equivalent units (TEU) by 2018, taking the total capacity at the port to 22.1mn TEU. Dubai?s hosting of the World Expo in 2020 is expected to provide further momentum to the region?s trade.
?The new capacity is a response to feedback from customers expressing the need for more capacity at Jebel Ali due to an expected increase in trade in the run-up to Expo 2020. Shipping lines will be able to bring more of the world?s largest vessels to our terminals,? said DP World chairman Sultan Ahmed Bin Sulayem.
The complex will be equipped with approximately 110 cranes with a total quay length of about 11,000 metres, according a statement from DP World.
The company also expects to add two million TEU of capacity at Terminal 3 of the Jebel Ali Port in the second half of this year.
Jebel Ali Port was recently named the world?s most productive port by analysts at the Journal of Commerce in their Port Productivity Data report.
