London Gateway is scheduled to open this year after nearly four years of construction. Stephen Lock for The National
London Gateway is scheduled to open this year after nearly four years of construction. Stephen Lock for The National
London Gateway is scheduled to open this year after nearly four years of construction. Stephen Lock for The National
London Gateway is scheduled to open this year after nearly four years of construction. Stephen Lock for The National

London Gateway a one-off port project for the 21st century


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Simon Moore is in no doubt as to the significance of the London Gateway project under way on the outskirts of the British capital by the banks of the Thames.

"We're probably only going to do this once in the 21st century, build a brand new port, and here it is," Mr Moore, the project's chief executive, said last month.

Scheduled to open this year after nearly four years of construction, London Gateway is an example of UAE capital and know-how being put to work in a British environment.

With £1.5 billion (Dh8.56bn) earmarked for investment on the site, it is a significant commitment by the government-owned DP World in the currently challenging economic conditions of the United Kingdom.

DP World is one of the largest global ports operators, best known in the Emirates for the Jebel Ali port and free zone to the south of Dubai. Jebel Ali is the world's biggest man-made harbour and the biggest port between Singapore and Rotterdam.

For many global exporters, it is the gateway to the UAE and to the Middle East and Africa. Jebel Ali is a significant contributor to the UAE's economic growth.

Xavier Woodward, a spokesman for London Gateway, says the UK project "will be very similar to Jebel Ali, the same model, though smaller". It will have a logistics park and port facilities able to accommodate some of the biggest ships in the world. When fully operational, Gateway will have capacity to handle 3.5 million TEUs (standard container units); Jebel Ali will have capacity for 19 million when new facilities are opened next year.

But the British ports environment is different to the UAE's. The two current big container ports are a considerable distance from London, on the south and east coasts, and the strategy behind Gateway is to offer customers - shipping lines, haulage groups and other distributors - clear advantages in costs.

"It is a Gateway to London and the South East, yes, but we're also closer than the others to Birmingham, Manchester and other big centres," says Mr Woodward.

Mohammed Sharaf, DP World's chief executive, underlined the importance of the Gateway development at a recent gathering of investors in Dubai: "This will be our second major port in the world. The British economy might be poor, but the London economy is different, and is still booming," he said.

Gateway is also inextricably linked with the deal that became a landmark in UAE corporate history in 2006: the £3.9bn acquisition of P&O, one of the great brands of British history, formerly known as the Peninsular and Oriental Steam Navigation Company.

The Gateway site, previously a Shell oil complex, is actually in the county of Essex and the site was one of the assets DP World acquired in the P&O deal.

The company further deepened its connection with the British economy in the summer of 2011 when it listed 20 per cent of its shares on the London Stock Exchange, the first UAE company to do an LSE listing. The Government of Dubai, through the Dubai World conglomerate, retains the balance in its asset portfolio.

When London Gateway is fully open, analysts expect it to provide, directly and indirectly, as many as 36,000 jobs for Britain, at a time when UK "austerity" measures are putting a premium on employment.

UFC Fight Night 2

1am – Early prelims

2am – Prelims

4am-7am – Main card

7:30am-9am – press cons

'Doctor Strange in the Multiverse Of Madness' 

   

 

Director: Sam Raimi

 

Cast: Benedict Cumberbatch, Elizabeth Olsen, Chiwetel Ejiofor, Benedict Wong, Xochitl Gomez, Michael Stuhlbarg and Rachel McAdams

 

Rating: 3/5

 
The Facility’s Versatility

Between the start of the 2020 IPL on September 20, and the end of the Pakistan Super League this coming Thursday, the Zayed Cricket Stadium has had an unprecedented amount of traffic.
Never before has a ground in this country – or perhaps anywhere in the world – had such a volume of major-match cricket.
And yet scoring has remained high, and Abu Dhabi has seen some classic encounters in every format of the game.
 
October 18, IPL, Kolkata Knight Riders tied with Sunrisers Hyderabad
The two playoff-chasing sides put on 163 apiece, before Kolkata went on to win the Super Over
 
January 8, ODI, UAE beat Ireland by six wickets
A century by CP Rizwan underpinned one of UAE’s greatest ever wins, as they chased 270 to win with an over to spare
 
February 6, T10, Northern Warriors beat Delhi Bulls by eight wickets
The final of the T10 was chiefly memorable for a ferocious over of fast bowling from Fidel Edwards to Nicholas Pooran
 
March 14, Test, Afghanistan beat Zimbabwe by six wickets
Eleven wickets for Rashid Khan, 1,305 runs scored in five days, and a last session finish
 
June 17, PSL, Islamabad United beat Peshawar Zalmi by 15 runs
Usman Khawaja scored a hundred as Islamabad posted the highest score ever by a Pakistan team in T20 cricket

Previous men's records
  • 2:01:39: Eliud Kipchoge (KEN) on 16/9/19 in Berlin
  • 2:02:57: Dennis Kimetto (KEN) on 28/09/2014 in Berlin
  • 2:03:23: Wilson Kipsang (KEN) on 29/09/2013 in Berlin
  • 2:03:38: Patrick Makau (KEN) on 25/09/2011 in Berlin
  • 2:03:59: Haile Gebreselassie (ETH) on 28/09/2008 in Berlin
  • 2:04:26: Haile Gebreselassie (ETH) on 30/09/2007 in Berlin
  • 2:04:55: Paul Tergat (KEN) on 28/09/2003 in Berlin
  • 2:05:38: Khalid Khannouchi (USA) 14/04/2002 in London
  • 2:05:42: Khalid Khannouchi (USA) 24/10/1999 in Chicago
  • 2:06:05: Ronaldo da Costa (BRA) 20/09/1998 in Berlin
Men from Barca's class of 99

Crystal Palace - Frank de Boer

Everton - Ronald Koeman

Manchester City - Pep Guardiola

Manchester United - Jose Mourinho

Southampton - Mauricio Pellegrino

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.