SPCT TAKES DELIVERY OF STATE-OF-THE-ART EQUIPMENT

DP World-operated facility on track to open in October

Dubai, UAE; Saigon, Vietnam; 13 August 2009: - Saigon Premier Container Terminal (SPCT) has taken delivery of two quay cranes and four rubber tyred gantry (RTG) cranes, the first of three major deliveries expected from Shanghai-based crane manufacturer ZPMC. On track to open in October, SPCT is a joint venture between DP World (80%) and IPC (20%), with DP World as operator.

VIPs joining DP World officials attending an early-morning ceremony to mark the occasion included Mr. Hua Ngoc Thuan, Vice Chairman of HCMC’s People Committee, Mr. Vu Van Hoa, Chairman of HCMC Export Processing and Industrial Zone Authority (HEPZA), Mr. Nguyen Hoang Phuong, Manager of HEPZA’s Construction Department, Mr. Vo Minh Thanh, Chairman of Nha Be District’s People Committee, Mr. Tran Tan Luc, Nha Be District Party Committee Secretary and Mr. Nguyen Xuan Han, General Director of Hiep Phuoc Industrial Park Joint Stock Company.

Patrick Bol, Chief Executive Officer, SPCT said:
“SPCT is excited to take delivery of this ultra modern equipment. These eco-friendly RTGs have limited CO2 emissions and use 25 percent less fuel. Working in a container yard with capacity of around 16,000 TEU (Twenty-foot Equivalent Units), the RTGs are capable of lifting one-overfive container tiers and stacking containers in six rows.

“We are close to completing the new terminal, and currently well over 1000 construction workers are working at a frantic pace to complete yard paving. The entrance roads to the terminal will be completed by mid-September and we look forward to welcoming our customers to the terminal in October.”

SPCT is located in Hiep Phuoc Industry Park in Nha Be district and about 15km south of Hoh Chi Minh City centre. SPCT’s Phase One will include a 500 metre berth, five quay cranes and 13 RTGs. The quay cranes are capable of handling Panamax vessels, with an out-reach of 39 metres and 14 container rows on board ship. With lifting capacity of 65 tonnes under container spreader and 80 tonnes under hook, the cranes can lift two 20-foot containers at a time and can handle heavy project cargoes. The new terminal will be able to handle two vessels with nominal capacity of 3,500 – 5000 TEU simultaneously.

Upon completion of Phase Two, SPCT will occupy 40ha with 950m of berth length on the upstream bank of Soai Rap river. With state-of-the-art equipment, including 10 ship-to-shore Panamax and post Panamax cranes, 25 RTGs and an advanced Terminal Operating System Navis SPARCS, the terminal will have an annual capacity of approximately 1.5 million TEU.

About DP World

DP World is one of the largest marine terminal operators in the world, with 49 terminals and 12 new developments across 31 countries(1). Its dedicated, experienced and professional team of nearly 30,000 people serves customers in some of the most dynamic economies in the world. DP World aims to enhance customers’ supply chain efficiency by effectively managing container, bulk and other terminal cargo.

The company constantly invests in terminal infrastructure, facilities and people, working closely with customers and business partners to provide quality services today and tomorrow, when and where customers need them.

In taking this customer-centric approach, DP World is building on the established relationships and superior level of service demonstrated at its flagship Jebel Ali facility in Dubai, which has been voted “Best Seaport in the Middle East” for 15 consecutive years.

In 2008, DP World handled more than 46.8 million TEU (twenty-foot equivalent container units) across its portfolio from the Americas to Asia – an increase of 8% on 2007. With a pipeline of expansion and development projects in key growth markets, including India, China and the Middle East, capacity is expected to rise to around 95 million TEU over the next ten years.

DP World