| 09 Jul 2009 |
|
DP World Signs New Lease Deal at Port Botany
- Text size
DUBAI - Global marine terminal operator DP WorldDP World
has signed a new 15-year operating lease extension at Port Botany in Sydney, Australia. The lease agreement is the third significant DP WorldDP World contract in Australia this year, following the recent 40-year lease renewal at DP WorldDP World Brisbane and a new 30-year operating lease at Adelaide. The new lease reflects the New South Wales Government's commitment to improving overall port efficiency, and includes specific incentives to improve truck servicing and rail performance, a Press statement said.
Sydney Ports Corporation CEO Grant Gilfillan and Senior Vice-President and Managing Director for DP WorldDP World's Australia region Jack Williams, signed the contract at Port Botany, in the presence of Premier Nathan Rees and the Minister for Minister for Ports and Waterways Joe Tripodi. Rees called the signing a 'major vote of confidence' in the New South Wales economy.
's global portfolio. We are confident in our ability to make a significant and growing contribution to the region's future growth and competitiveness, through our overriding focus on efficient, high-quality terminal services," Mohammed Sharaf, CEO, DP WorldDP World, said. ?
© Khaleej Times 2009
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
Loading ...
Post a Comment
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.