Because of a softening in the container shipping industry in 2016, DP World had put development of the US$1.6 billion fourth terminal at its flagship Jebel Ali port on hold. However, with the sector's recovery well underway in 2017, DP World has announced that it will resume construction.
Current capacity at Jebel Ali is 18 million TEU (twenty-foot equivalent units). At the same time, 1.3 million TEU will be added to T3 in the second half of 2017. T3 will have a capacity of 3.8 million TEU and will be the world’s largest semi-automated facility. Once operational, total capacity at Jebel Ali will increase to 19.3 million TEU. Meanwhile, T4 expansion will take place in 2018 scheduled to market demand.- DP World’s Chairman
There has been a stabilisation of volumes at Jebel Ali which will improve the port operator’s overall performance in 2017. DP World’s UAE ports handled 3.7 million TEU in the first quarter, growing 1.8 per cent compared with the same period in 2016.