• HSBC

DPI Terminals breaks productivity records at terminal facilities

  • United Arab Emirates: Tuesday, July 05 - 2005 at 11:18
  • PRESS RELEASE

DPI Terminals (DPI), one of the world's leading port operators, has demonstrated its commitment to service excellence by continuing to set productivity records at its facilities in the month of June.

On 14th of June at Caucedo, DPI's container terminal operation in Dominican Republic, the company achieved a new berth productivity record of 108.76 moves per hour, turning around the MSC Panama with 906 moves in 8.33 hours. Net crane productivity was over 50 moves per hour.

This achievement comes hot on the heels of a new Black Sea productivity record set by DPI at
the Constanta terminal, Romania, on 8th June with a berth productivity of over 90 moves an hour, with a crane density of 2.83.

Commenting on the record, Mohammed Sharaf, Managing Director of DPI Terminals, said:

"DPI Terminals has consistently achieved new records at each of its facilities. In Jeddah South Container Terminal, we set a new port record of 222 berth moves per hour on 2nd January this year.

DPI prides itself on operational excellence and customer service. These results demonstrate our ability to turn around a terminal operation with investment and strong management practice."

DPI continues to develop its fast growing international network of terminal operations. This month DPI was selected as preferred bidder to manage the container terminal at the Port of Aden, Yemen.
 
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Notes and Media Contacts »

For further information please contact:
Dubai
Bell Pottinger Communications
Tom Mollo
+9715 0550 4203
+971 4367 2256

London
Bell Pottinger Communications
Robin Tozer
+44 7887 721 295
+44 207 861 3891

About Dubai Ports

Dubai Ports (which comprises Dubai Ports Authority (DPA) and DPI Terminals (DPI)) has been at the forefront of Dubai's extraordinary transformation into one of the world's leading trade and commerce hubs. DPA is focused on the home ports at Rashid and Jebel Ali which DPI formed in 1999 (as Dubai Ports International) to export this success internationally. DPI initially applied its expertise to managing ports in the Middle East, India and Europe. Its first project was at Jeddah Islamic Port (in 1999), where it collaborated with its local partner on the management and operation of the South Container Terminal (SCT). In 2003, SCT was the first terminal in the Kingdom of Saudi Arabia to exceed 1 million TEU and volumes in 2004 exceeded 1.3 million TEU. DPI then went on to develop successful operations at the ports of Djibouti (2000), Vizag, India (2002) and Constanta, Romania (2003).

In January 2005 DPI transformed its network with the strategic acquisition of CSX World Terminals (CSX WT), the international terminal business of CSX Corporation, renaming itself DPI Terminals to reflect the change. This acquisition gave DPI a strong presence in Asia with major operations in Hong Kong and China as well as operations in Australia, Germany, Dominican Republic and Venezuela. Importantly for the future development and expansion of its network, DPI also acquired CSX WT's strong project pipeline.

One cornerstone project, which underlines DPI's position as a major player in Asia, is the development of Pusan Newport, South Korea. DPI has a 25% interest in and management contract for this 9-berth facility, which will have a capacity of 5.5 million TEU. It is currently under construction and is expected to be operational by 2006.

Other significant projects will strengthen the network with further developments in India and the Middle East. In February 2005 DPI signed an agreement with the Cochin Port Trust (CoPT) to construct, develop and operate an international container transshipment terminal at Vallarpadam, Kochi, India. It is the largest single operator container terminal currently planned in India and the first in the country to operate in a special economic zone. The new terminal will make Kochi a key centre in the shipping world reducing India's dependence on foreign ports to handle transshipment.

In March 2005, DPI was awarded a 30 year concession to develop and operate the container terminal at the Port of Fujairah, in the UAE. This concession will enable DPI to streamline operations at the major container facilities of the UAE, and further increase the choices available to its customers. In June 2005 DPI was short listed as preferred bidder to operate the container terminal at the Port of Aden.

DPI also has interests in logistics businesses in Hong Kong and China, notably ATL, the market leading logistics operator based at Kwai Chung, Hong Kong.

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