![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
INFRASTRUCTURES * Europe - DP World Project on Target in Rotterdam
Port says Dubai’s financial problems to have ‘no impact’ on development
Rotterdam,Holland - The Journal of Commerce Online, by Bruce Barnard -Dec 4, 2009: -- Dubai World's financial problems will not affect the construction timetable of Europe's biggest container terminal in which its subsidiary DP World is the largest investor, the port of Rotterdam said Dec. 4... DP World has a 30 percent stake in the Rotterdam World Gateway consortium that is building a box terminal with a capacity of 4 million containers a year on Maasvlakte 2, a large tract of land reclaimed from the North Sea... Europe's biggest container port will have excess capacity of between one million and 1.5 million TEUs in 2010 because of the decline in box shipments, ECT president Jan Westerhoud said in the summer... Rotterdam's container traffic fell 13 percent in the first nine months of 2009 from a year ago to 7.2 million TEUs... The port which handled a record 10.8 million TEUs in 2008 had previously forecast traffic would hit 12 million TEUs in 2009... (Picture from joc.com: World Gateway, in Rotterdam)
Labels: infrastructure projects
posted by Unknown @ 12:10 PM
0 Comments:
Post a Comment
<< Home