Nakheel says The World is stable & not sinking

Nakheel’s chief executive rejected the claim on Wednesday that Dubai's The World islands are sinking, and insisted that the man-made archipelago is secure, a UAE newspaper reported on Thursday.

The news of The World islands sinking came last week from a lawyer working for Penguin Marine, a company hired by Nakheel to handle all transport to and from the islands.

Richard Wilmot-Smith, the Penguin Marine lawyer told the Dubai World Tribunal that The World islands “are falling back into the sea”.

"The World is definitely not sinking, washing away or eroding," The National quoted Chris O'Donnell, the chief executive of Nakheel, rebuffing the “sinking” claim.