RSGT will increase Jeddah Islamic Port?s annual capacity by 45 per cent. (Image Source: rsgterminal.com)
The new Red Sea Gateway Terminal (RSGT) at Jeddah Islamic Port has been officially opened, and is the first privately funded build operate and transfer (BOT) port development in Saudi Arabia
Dubai Maritime signs 25-year land deal with Dubai Shipbuilding : Image credit - seanews.com.tr
Dubai Maritime City has signed a land lease (Mustaha) agreement for 25 years with ship repair and building entity, Dubai Shipbuilding.
Hyundai Mipo Dockyard has received an order worth US$250mn to build four chemical tankers for Kuwait.
DP World plans to spend US$850mn on investment over the next three years to expand its key Jebel Ali port.
DP World plans to spend US$850mn on investment over the next three years to expand its key Jebel Ali port that will increase its capacity to 19 million TEU by 2014 and to create 1,000 new jobs at the new terminal.
