Tuesday, February 10, 2009

DP World Opens New Terminal in Djibouti

DP World, one of the world’s largest port operators officially opened its new Doraleh Container Terminal in Djibouti, the largest and most modern terminal in East Africa.

The Doraleh terminal has the capacity to handle 1.2 million TEUs (twenty foot equivalent container units) annually while its 18-metre draft and 1,050-metre quay can easily accommodate largest ships in service including 10,000-15,000 TEU “Super-Post-Panamax” vessels. “Doraleh Container Terminal is a testament to a vision shared by the President of Djibouti, His Excellency Ismail Omar Guelleh, DP World and Dubai World, and is a lasting model for large-scale public-private partnerships in Africa,” said DP World chairman Sultan Ahmed bin Sulayem. Sulayem said the terminal’s capacity over time will be raised to about 3 million TEUs as trade in the region expands. Djibouti is strategically located in East Africa, along one of the fastest growing East-West international shipping routes. About 85 per cent of imports into Djibouti are destined for the land-locked nation of Ethiopia. The Doraleh terminal is expected to increase port traffic and open up new opportunities for investment and growth, including breaking the country’s reliance on Ethiopia’s trade and attracting other African countries to use the port as a gateway too.
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