Sunday 19 May 2013
 
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Jebel Ali

DP World to deploy top operating system

DP World, UAE Region has signed an agreement with CyberLogitec, a Korea-based IT company specialised in maritime and logistics industry, to deploy its Opus terminal operating system (TOS) at Terminal 3 in Jebel Ali. The mega conta

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DP World signs Terminal 3 civil works deal

  DP World, UAE Region has signed an agreement for the construction of the infrastructure to expand capacity at its flagship Jebel Ali port in Dubai.   The capacity of the port will be expanded by 4

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Jebel Ali wins Best Seaport - ME award

DP World’s flagship Jebel Ali Port has been voted the Best Seaport - Middle East for the 18th consecutive year at the recent 26th Asian Freight and Supply Chain Awards (AFSCA) in Shanghai. On behalf of DP World, UAE Region, Kris Chang, man

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Enoc wins $100m financing for Dubai terminal

UAE-based Horizon Terminals Limited (HTL) said it has secured a $100 million financing facility to partly finance the the construction of a new bulk liquid petroleum terminal in Dubai. A wholly-owned subsidiary of Emirates National Oil Com

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Jafza to issue $650m sukuk

Dubai government-owned Jebel Ali Free Zone plans to launch and issue a $650 million seven-year Islamic bond or sukuk this week, and books are now open, arranging banks said on Tuesday. Profit rate guidance for the sukuk is indicated at bet

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Enoc unit breaks ground for $142m terminal

Horizon Terminals, a wholly owned subsidiary of Emirates National Oil Company (Enoc), has marked the groundbreaking ceremony of its new $142 million bulk liquid petroleum terminal in the Jebel Ali Free Zone, Dubai. The fully automated term

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Gulf Petrochem to enter key bunker markets

Gulf Petrochem Group, a leading player in the oil industry, will discuss plans to supply Khor Fakkan and Jebel Ali bunker market during its participation at an upcoming bunkering conference in Dubai. Gulf Petrochem will be an Industry Supp

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Enoc plans major oil terminal in Dubai

Horizon Terminals, a subsidiary of Emirates National Oil Company (Enoc), has awarded a contract to Punj Lloyd, an India-based construction conglomerate, to construct a bulk oil terminal facility in Jebel Ali. The deal covers the engineerin

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Jafza hires Citi to advise on $2bn bond options

Dubai's Jebel Ali Free Zone (Jafza) has hired Citigroup to advise on options for meeting a $2 billion Islamic bond maturity this year, including the potential sale of its UK-based developer Gazeley, sources said on Monday. Jafza, which ru

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Tanker traffic at Jebel Ali port resumes

The UAE port of Jebel Ali reopened for oil tanker use on Sunday afternoon after bad weather halted traffic in the early hours of the morning, an official at the port said. "As of 1330 hours traffic has resumed," the official said on Sunda

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