Close Co-operation Continues with DP World
Dubai, Abu Dhabi, United Arab Emirates, 30 December 2010: - DP World and Abu Dhabi Terminals (ADT) announced today that, with the expiry of a five year management services agreement, from the New Year, marine terminal operations at Abu Dhabi's Mina Zayed will be handled by ADT.
The terminal is currently managed by DP World.
In addition, discussions around the operations for the new Khalifa Port have not resulted in any binding agreement. DP World, ADT and its parent Abu Dhabi Port Company (ADPC) continue to co-operate, as they have in the past.
Mohammed Al Muallem Senior Vice President and Managing Director DP World, UAE region, said:
"We have worked closely with ADT and ADPC over many years and we will continue to work closely with them into the future. Efficient infrastructure supports economic growth and Mina Zayed, and Port Khalifa and its associated industrial park when built, will contribute to the growth of Abu Dhabi and the UAE."
He added:
"We are proud of our achievements at Mina Zayed and our success in supporting our colleagues in Abu Dhabi to bring Mina Zayed in line with global standards of operations and service. We wish the team at ADT every success for the future."
Tawfeeq Al Mubarak Chairman of ADT said:
"We thank DP World for their support and sharing their expertise and experience with us over the past five years. Our management team will continue to work closely with DP World to ensure a smooth transition. We are committed to improving the capabilities of ADT to better serve our customers and to enhance the capabilities of the company in anticipation of the move to the new Khalifa Port in Q4 2012."
Tony Douglas CEO of ADPC added:
"We look forward to continuing to grow our handling operations, providing the highest level of excellent service to our customers, which in turn will contribute to the development of Abu Dhabi and the UAE."
-Ends-
About DP World
DP World is one of the largest marine terminal operators in the world, with 50 terminals and 11 new developments and major expansions across 31 countries(1). Its dedicated, experienced and professional team of nearly 30,000 people serves customers in some of the most dynamic economies in the world.
DP World aims to enhance customers' supply chain efficiency by effectively managing container, bulk and other terminal cargo.
The company constantly invests in terminal infrastructure, facilities and people, working closely with customers and business partners to provide quality services today and tomorrow, when and where customers need them.
In taking this customer-centric approach, DP World is building on the established relationships and superior level of service demonstrated at its flagship Jebel Ali facility in Dubai, which has been voted "Best Seaport in the Middle East" for 16 consecutive years.
In 2009, DP World handled more than 43.4 million TEU (twenty-foot equivalent container units) across its portfolio from the Americas to Asia. With a pipeline of expansion and development projects in key growth markets, including India, China and the Middle East, capacity is expected to rise to around 92 million TEU by 2020, in line with market demand.
www.dpworld.com
Media inquiries
DP World
Natasha Bukhari
Global Corporate Communications Manager
DP World
Mobile/Cell: +971 (0) 56 6821699
Natasha.Bukhari@dpworld.com
Sanaa Maadad
Director, Media
Hasaad Communications
Mobile/Cell: +971 (0) 50 5522610
Sana@hasaad.ae
ADPC/ADT
Michael Vertigans
Vice President, Corporate Communications
Phone: +971(0) 2 695 2976
michael.vertigans@adpc.com
Ehab El Habbal
Hill + Knowlton
Phone +971 (0) 2 447 2805
Mobile/Cell: +971 (0) 50 551 7277
ehab.elhabbal@hillandknowlton.com
(1) As of 4 November 2010
© Press Release 2010