Sheikh Maktoum inspects scene following Jebel Ali Port Fire
Sheikh Maktoum inspects scene following Jebel Ali Port Fire
Sheikh Maktoum inspects scene following Jebel Ali Port Fire
Sheikh Maktoum inspects scene following Jebel Ali Port Fire

Jebel Ali Port 'running seamlessly' after Dubai explosion, says DP World


Neil Halligan
  • English
  • Arabic

Read More: Dubai port explosion: fire on ship in Jebel Ali brought under control

Operations at Dubai's Jebel Ali Port are "running seamlessly" after the explosion on board an anchored container ship on Wednesday night.

Jebel Ali Port authorities said they were continuing an extensive investigation on the cause of the fire and its circumstances, which was brought under control in 44 minutes.

DP World, operator of Jebel Ali Port, said operations at the port are running as normal.

"The operations are running seamlessly at Terminal 1 & across Jebel Ali Port," DP World said on Twitter.

"We take pride in the proactive efforts of our leadership, the dedication of the authorities & our team that ensured the safety of people and the continuity of business."

Suhail Al Mazrouei, the Minister of Energy and Infrastructure said the fire broke out on the Ocean Trader at 11.55pm on Wednesday.

After the ship’s crew and workers were taken to safety, rescue teams ensured there was no radioactive material on board, he said.

"This robust response comes as a result of years of proactive planned preparation in developing world-class infrastructure in the ports and marine facilities in the UAE," Mr Al Mazrouei said.

He said the response of the teams and the availability of state-of-the-art equipment to tackle the blaze "ensured the resumption of all operational and logistical operations in Jebel Ali Port".

"Our priority now is to safeguard the marine environment by monitoring the situation and preventing the release of harmful substances in the water body," he said.

"The Maritime Department at the Ministry will continue investigations to gain insights and chart out a blueprint in coordination with the relevant international authorities to intensify precautionary measures."

He said the logistics and operational facilities of Jebel Ali Port "have not suffered any damage, and the accident has not affected the movement of ships due to its distance from the main shipping line and the water channel in the port".

  • A helicopter circles overhead as smoke rises from the tightly secured facility at Jebel Ali Port on July 7, 2021.
    A helicopter circles overhead as smoke rises from the tightly secured facility at Jebel Ali Port on July 7, 2021.
  • In a Dubai Civil Defence video, flames and smoke are seen pouring from the damaged vessel, which is right by the dock.
    In a Dubai Civil Defence video, flames and smoke are seen pouring from the damaged vessel, which is right by the dock.
  • Fire fighters battle the blaze on a container ship in Dubai's Jebel Ali Port.
    Fire fighters battle the blaze on a container ship in Dubai's Jebel Ali Port.
  • The blaze started in the early hours of Thursday.
    The blaze started in the early hours of Thursday.
  • Fire caused by an explosion is seen in this still image taken from video obtained from social media.
    Fire caused by an explosion is seen in this still image taken from video obtained from social media.
  • Smoke rises from the container ship.
    Smoke rises from the container ship.
  • Dubai Civil Defence fire services arrive at Jebel Ali Port.
    Dubai Civil Defence fire services arrive at Jebel Ali Port.
  • The explosion sent tremors across the commercial hub of the UAE.
    The explosion sent tremors across the commercial hub of the UAE.
  • A general view of Jebel Ali Port where the explosion occurred.
    A general view of Jebel Ali Port where the explosion occurred.
  • Dubai Media Office reported that the fire broke out "on a container within a ship anchored in Jebel Ali Port".
    Dubai Media Office reported that the fire broke out "on a container within a ship anchored in Jebel Ali Port".

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, said he was "very proud of our teams for the timely and professional way they handled the fire situation at Jebel Ali".

"By implementing the vision of Sheikh Mohammed bin Rashid, Dubai’s government has exceeded all expectations in responding to emergencies and crises."

Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, praised the response of the emergency teams following a visit to the port today.

"We would like to thank the Civil Defence and the security services for quickly controlling the fire which broke out in Jebel Ali Port," Sheikh Maktoum said.

"We also appreciate the efforts of the port authorities in ensuring the resumption of the ship activities at the port and the efforts of the media office in reassuring people. The efficiency of the government's work in confronting accidents preserves human life and economy gains and achieves a comfortable lifestyle in Dubai."

DP World also thanked Sheikh Mansoor bin Mohammed, chairman of Dubai’s Supreme Committee of Crisis and Disaster Management, Dubai Civil Defence and Dubai Police "for their swift response in resolving the fire incident within 40 minutes at Jebel Ali Port's Terminal 1".


If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Saturday's results

West Ham 2-3 Tottenham
Arsenal 2-2 Southampton
Bournemouth 1-2 Wolves
Brighton 0-2 Leicester City
Crystal Palace 1-2 Liverpool
Everton 0-2 Norwich City
Watford 0-3 Burnley

Manchester City v Chelsea, 9.30pm 

Founder: Ayman Badawi

Date started: Test product September 2016, paid launch January 2017

Based: Dubai, UAE

Sector: Software

Size: Seven employees

Funding: $170,000 in angel investment

Funders: friends

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

BUNDESLIGA FIXTURES

Saturday

Borussia Dortmund v Eintracht Frankfurt (5.30pm kick-off UAE)

Bayer Leverkusen v Schalke (5.30pm)

Wolfsburg v Cologne (5.30pm)

Mainz v Arminia Bielefeld (5.30pm)

Augsburg v Hoffenheim (5.30pm)

RB Leipzig v Bayern Munich (8.30pm)

Borussia Monchengladbach v Freiburg (10.30pm)

Sunday

VfB Stuttgart v Werder Bremen  (5.30pm)

Union Berlin v Hertha Berlin (8pm)

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

LA LIGA FIXTURES

Friday Celta Vigo v Villarreal (midnight kick-off UAE)

Saturday Sevilla v Real Sociedad (4pm), Atletico Madrid v Athletic Bilbao (7.15pm), Granada v Barcelona (9.30pm), Osasuna v Real Madrid (midnight)

Sunday Levante v Eibar (4pm), Cadiz v Alaves (7.15pm), Elche v Getafe (9.30pm), Real Valladolid v Valencia (midnight)

Monday Huesca v Real Betis (midnight)

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Mica

Director: Ismael Ferroukhi

Stars: Zakaria Inan, Sabrina Ouazani

3 stars

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SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S24%20ULTRA
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Cricket World Cup League 2 Fixtures

Saturday March 5, UAE v Oman, ICC Academy (all matches start at 9.30am)

Sunday March 6, Oman v Namibia, ICC Academy

Tuesday March 8, UAE v Namibia, ICC Academy

Wednesday March 9, UAE v Oman, ICC Academy

Friday March 11, Oman v Namibia, Sharjah Cricket Stadium

Saturday March 12, UAE v Namibia, Sharjah Cricket Stadium

UAE squad

Ahmed Raza (captain), Chirag Suri, Muhammad Waseem, CP Rizwan, Vriitya Aravind, Asif Khan, Basil Hameed, Rohan Mustafa, Kashif Daud, Zahoor Khan, Junaid Siddique, Karthik Meiyappan, Akif Raja, Rahul Bhatia

Company profile

Name: Fruitful Day

Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie

Based: Dubai, UAE

Founded: 2015

Number of employees: 30

Sector: F&B

Funding so far: Dh3 million

Future funding plans: None at present

Future markets: Saudi Arabia, potentially Kuwait and other GCC countries

'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

MATCH INFO

Euro 2020 qualifier

Norway v Spain, Saturday, 10.45pm, UAE

The specs: 2018 Chevrolet Trailblazer

Price, base / as tested Dh99,000 / Dh132,000

Engine 3.6L V6

Transmission: Six-speed automatic

Power 275hp @ 6,000rpm

Torque 350Nm @ 3,700rpm

Fuel economy combined 12.2L / 100km

<html><head><meta http-equiv="Content-Type" content="text/html" charset="UTF-8" /></head><body><!--PSTYLE=* Labels%3aFH Label 18 Sport--><p>Beach soccer</p><!--PSTYLE=BY Byline--><p>Amith Passela</p><p /></body></html>
Updated: July 08, 2021, 4:33 PM