Dubai Ports gets close to Abu Dhabi and Fujairah

Dubai Ports gets close to Abu Dhabi and Fujairah    Fast-growing Dubai Ports International, the purchaser of CSX World Terminals, said it has signed memoranda of understanding with the port authorities of Abu Dhabi and Fujairah.
   These agreements “could later lead to possible management contracts or concessions for port operations at these two key United Arab Emirates ports,” Dubai Ports said.
   Comprising the Dubai Ports International and Dubai Ports Authority, Dubai Ports owns, operates and manages container terminals and ports around the world. In 2004, Dubai Ports International and its four international port operations — Jeddah, Djibouti, Vizag and Constantza — achieved 26.5 percent growth.
   The Middle Eastern port group expects its acquisition of CSX World Terminals to be completed in the first quarter.