Dubai Ports World has completed the acquisition of Fraser Sary Dux from Macquarie Investment Partners / MIB /, in partnership with the Deposit and Investment Fund in Quebec CDP. Que.


According to Emirates News Agency, this acquisition will support the presence of Dubai Ports World in Canada, which also includes terminal operations in Vancouver, Nanaimo, Prince, Robert and St. John, and provide the integrated marine services platform between the eastern and western coasts of Canada, providing customers with bulk and separated cargo services and cargo services. Public.


Dubai Ports World's strategy is to become a pioneering catalyst and provider of solutions, while the company looks to participate in a larger part of the supply chain. DP World has made a lot of investments in the port business unit, logistics and marine services in order to achieve direct communication with customers and provide logistical solutions, in addition to eliminating inefficiencies in the supply chain in order to accelerate the business.


Sultan Ahmed Bin Sulayem, Chairman and CEO of Dubai Ports World Group - said on this occasion: The acquisition of Fraser Sari Dux is helping to support our presence on the west coast of Canada, especially with the growing demand from our customers for multipurpose facilities in the region, and we We are certain that the Fraser Sary Dux has all the necessary infrastructure and is in the right place to meet this requirement.


He added: We are fully confident that our innovative approach will contribute to adding the best-in-class terminal operations from DP World to the business of the Fraser Surrey Docks.


For his part, Matt Leach, CEO and General Manager of Dubai World Ports - Americas said: This new addition to the DP World portfolio provides unique prospects for further growth in the dynamic business environment in Canada ... stressing their aspiration to help Fraser Sary Docks to achieve its full potential and generate Longer-term value for Dubai World Ports and their clients.

The largest station on the west coast of North America

Fraser Sary Docks was founded in the early 1960s and became the largest modern and multi-purpose station on the west coast of North America, and the company runs a marina with a length of more than 1,200 meters and a area of ​​189 Fadana, one of the main steel importing stations in the region, also handled annually about one million tons of agricultural products, and served a number of container shipping lines, and during 2019 it handled more than 350,000 TEUs measuring 20 feet.


In this context, Maxim Mihik, General Manager of Dubai Ports World - Canada said: We are doing our best in DP World to have positive impacts on the lives of our employees and uncle ...