DP World’s massive Jebel Ali expansion

   The Dubai-based global terminal operator DP World said this week it plans to expand capacity at its Jebel Ali flagship middle east gulf hub facility in Dubai, to add 4 million TEUs by 2014.
   That would take annual handling capacity at Jebel Ali to 19 million TEUs. The $850 million project, to be financed with “existing cash resources and cash flow,” will see DP World redevelop an existing general cargo terminal into a 1,860-meter quay with 70 hectares of yard space.
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