The financial turmoil in Dubai is not going to affect the DP World projects in India, including the proposed minor port in Bengal’s Kulpi… Source: Times of India, December 1, 2009
After international construction and development major Dubai World failing to repay its huge pile of debt on time, the state of its bids for development of container terminal berths at major ports in India may come under the scanner… Source: Indian Express, November 28, 2009
The two Belgian dredge contractors which built the Palm Islands and other prestigious projects have still tens of millions of euros to invoices outstanding with Dubai World and its ailing subsidiaries in the project. It’s are DEME and Jan De Nul Dredging… Source: De Morgen, November 27, 2009;
ROTTERDAM – Bert Groothuizen, spokesman of Dredging company Van Oord said Thursday that they are not affected by the financial turmoil around Dubai World, the state owned project developer… Source: De Financiele Telegraaf, November 26, 2009
AMSTERDAM – Royal Boskalis Westminster nv is not active in Dubai and is therefore not affected by the current financial problems in the country, said a spokesman from the dredging contractor Thursday… Source: Financieel Dagblad, November 26, 2009
DUBAI – Abu Dhabi’s National Marine Dredging Co or NMDC, said Monday it won a 1.5 billion U.A.E. dirham ($408.7 million) contract to build a 63.5-kilometer canal in the U.A.E.’s largest emirate… Source: Maktoob, November 23, 2009;
DP world has decided to postpone implementation of a 3rd terminal in Jebel Ali till 2013… Source: Port Technology, November 5, 2009;
