{"id":5726,"date":"2016-02-25T01:17:00","date_gmt":"2016-02-24T18:17:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=5726"},"modified":"2016-02-24T22:19:00","modified_gmt":"2016-02-24T15:19:00","slug":"dp-world-signs-contracts-for-huge-fourth-terminal-at-jebel-ali","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dp-world-signs-contracts-for-huge-fourth-terminal-at-jebel-ali\/","title":{"rendered":"DP World signs contracts for huge fourth terminal at Jebel Ali"},"content":{"rendered":"<p>&#013;<br \/>\n&#013;<br \/>\nDP World yesterday signed two major construction contracts for its US$1.6 billion futuristic fourth terminal at Jebel Ali port.The Dubai company, which is one of the largest ports operators in the world, awarded the contracts to Dutco Balfour Beatty and BAM International Abu \u00adDhabi for the new terminal that will be built on a reclaimed island north of terminal 2. Under the terms of the deals, Dutco Balfour Beatty will build the terminal&#8217;s main operation yard including a 1,200-metre long quay designed to accommodate the largest mega container vessels.&#013;<br \/>\nMeanwhile BAM will build a 400-metre bridge as well as a 2.2-kilometre, 18-metre deep quay wall. And the engineering company CH2M Hill (Halcrow) will deliver the civil works on the reclaimed island.The first phase is expected to be ready by 2018.DP World did not reveal the \u00advalue of the construction contracts it had awarded.&#8221;This terminal is the big idea that will change the way ports work in the future. We will deploy the latest technology in equipping our quays and yards, and run them with the most soph\u00adisticated terminal operation systems,&#8221; said Sultan bin Sulayem, the DP World chairman and chief executive.&#013;<br \/>\n&#8220;We have a long track record of investing proactively to expand capacity at our operations to meet changing customer needs. We are building terminal 4 from the ground up, which enables us to future-proof it for smart container ships emerging in the future.&#8221;By next year, DP World said the new terminal would include 13 of the world&#8217;s largest and most modern giant quay cranes, operated by remote control and another 35 smaller gantry cranes.&#013;<br \/>\nAccording to DP World, the first phase of construction alone would enable terminal 4 to handle 3.1 million giant shipping containers or TEUs (twenty-foot equivalent units), taking Jebel Ali Port&#8217;s total capacity to 22.1 million TEU by 2018.By that time DP World predicted that Jebel Ali would be equipped with at least 110 cranes with a total quay length of about 11,000 metres.A second phase of expansion, set for an unspecified future date, will involve Dutco Balfour Beatty building an additional operation yard with a 1,000-metre long quay at the terminal.&#013;<br \/>\nWhen that is finally completed &#8211; something DP World said would only go ahead &#8220;in line with market demand&#8221; &#8211; terminal 4 would be able to handle a total of 7.8 million TEU.The decision to press ahead with construction at terminal 4 comes despite the fact that this month DP World reported a fall in volumes at its UAE facilities during the fourth quarter of 2015.Consolidated volumes at the company&#8217;s UAE facilities, dominated by Jebel Ali Port, fell 2.9 per cent year-on-year to 3.7 million twenty foot equivalent units (TEUs) in the three months to the end of December.&#013;<br \/>\nlbarnard@thenational.aeFollow The National&#8217;s Business section on Twitter&#013;<br \/>\n&#013;<br \/>\nSource : thenational.ae&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.thenational.ae\/business\/shipping\/dp-world-signs-contracts-for-huge-fourth-terminal-at-jebel-ali\" target=\"_blank\">DP World signs contracts for huge fourth terminal at Jebel Ali<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; &#013; DP World yesterday signed two major construction contracts for its US$1.6 billion futuristic fourth&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-5726","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1um","jetpack-related-posts":[{"id":44964,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/balfour-beatty-sells-middle-east-operations-to-dubai-based-joint-venture-partner\/","url_meta":{"origin":5726,"position":0},"title":"Balfour Beatty sells Middle East operations to Dubai-based joint venture 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as Dubai strengthens its position in global car trade\r \r Source : arabianbusiness.com\r Read more...Dubai logistics: DP World expands Jebel Ali Automotive Hub with massive new yard as vehicle volumes accelerate 28%","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/08\/DP-World-Jebel-Ali-Dubai-automotive-logistics-1000x633-1.jpg?fit=1000%2C633&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":16398,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/balfour-beatty-and-jardine-matheson-win-600m-hong-kong-contracts\/","url_meta":{"origin":5726,"position":2},"title":"Balfour Beatty and Jardine Matheson win \u00a3600m Hong Kong contracts","date":"June 13, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Balfour Beatty and Jardine Matheson win \u00a3600m Hong Kong contracts","rel":"","context":"In &quot;Property 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News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dp-world-opens-new-shipping-route-connecting-jebel-ali-to-somaliland\/","url_meta":{"origin":5726,"position":4},"title":"DP World opens new shipping route connecting Jebel Ali to Somaliland","date":"October 17, 2025","format":false,"excerpt":"\r The new service, operating every nine days, strengthens trade links between the Gulf and East Africa The post DP World opens new shipping route connecting Jebel Ali to Somaliland appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.\r \r Source : arabianbusiness.com\r\u2026","rel":"","context":"In &quot;Property 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