Features

In brief

October 2014

Jebel Ali among top 10 ports

JEBEL Ali is the only port outside the Far East to make it into the latest Top 10 list of the world’s largest ports –an achievement DP World chairman Sultan Ahmed bin Sulayem credits to Dubai’s visionary leadership.

The latest container ports’ rankings from Lloyd’s List, Containerisation International (CI) and The Journal of Commerce, all show DP World’s flagship Jebel Ali Port as the ninth largest in the world. Seven of the top 10 are in China, with the other two being Singapore, and Pusan, South Korea.

 

Aircraft services deal inked

LIBANET, a leading aviation industry services provider, has signed a three-year aircraft fleet services contract with Saudia Ground Services Company (SGS) to provide a range of services to all carriers serving four key airports in Saudi Arabia.

The airports covered by the contract are Riyadh, Jeddah, Dammam and Madinah.

“This agreement is in line with Libanet’s vision and the 2011 strategic decision to expand in the Saudi market,” said Tony Saade, CEO and founder of Libanet.

 

Elcome role in Oman

ELCOME International, a marine solutions provider and system integrator in the Middle East and one of the largest marine technology suppliers in the world, is playing a key role in building a new maritime communication network for Oman.

Under a subcontract awarded by Frequentis AG of Austria, Elcome is supplying key components of the network, as well as system integration, installation, training and maintenance for equipment in the operations centre and remote sites.

The network is deployed and operated by Qnective Middle East.

 

DP World profit

GLOBAL marine terminal operator DP World has reported H1 2014 profit of $332 million attributable to owners of the company before separately disclosed items, 40.8 per cent ahead of the first half of 2013 on a like-for-like basis. The company’s revenue for the six months ended June 30 was $1.66 billion, up from $1.51 billion a year earlier. As at 30 June 2014 the company’s net debt was $2.3 billion compared to $2.4 billion in the first half of 2013.




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