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Mon 13 Jun 2005 04:00 AM

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DPI looks set to manage Yemen port

Yemen's council of ministers names Dubai Ports International Terminal as its preferred bidder to manage the Port of Aden

Dubai Ports International Terminals (DPI), has been named the preferred bidder by the Council of Ministers for the 30 year concession to manage and develop terminal operations at the Port of Aden, Yemen.

The concession covers the management and operation of both Aden and Ma’alla container terminals. Dubai’s development plan for the port includes investment of over US $370 million during the life of the concession for new equipment, infrastructure and mangement systems, in order to increase capacity to 3.5 million TEUs.

Currently, Aden container terminal has a quay length of 700 metres and a depth of 16 metres. The terminal, which was completed in 1999, achieved a total throughput of over 280,000 TEUs but if DPI wins the contract, construction on the first phase of development will be completed in 2008 and will see the capacity raise to 1.7 million TEUs. The development will involve increasing quay length to 1100 metres and provide seven new super-post panamax gantry cranes and supporting yard handling equipment.

The Council of Ministers has also approved DPI terminals partnership proposals for Aden Freezone, Industrial Park and Dry Docks as part of DPI terminal’s complete solution for the Port of Aden.

“The port of Aden has for centuries been one of the world’s leading shipping hubs, serving as the gateway to the Red Sea and strategically positioned to support shipping moving to and from the Suez Canal. I am delighted that our proposal has been so well received by the Government of Yemen and the Yemen Ports Authority and we look forward to working with the authority to finalise the management contract,” said Mohammed Sharaf, managing director, DPI Terminals.

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