Thursday, March 18, 2021
london gateway
Ports

DP World Optimistic for 2021 Amid Pent-Up Demand

By Alexander Cornwell DUBAI, March 18 (Reuters) – Ports operator DP World gave an optimistic outlook for 2021 on Thursday, citing pent-up demand for cargo and an easing of geopolitical...

March 18, 2021
Total Views: 546

Monday, July 27, 2020
shipping container
Maritime News

DP World Says Outlook Uncertain as Volumes Fall

DUBAI, July 27 (Reuters) – Global port operator DP World recorded a fall of 8.8% in second quarter container volumes, warning on Monday the outlook remained uncertain. The coronavirus pandemic...

July 27, 2020
Total Views: 23

Thursday, May 28, 2020
blockchain technology in shipping
Maritime News

Virus Lockdown Accelerating Shipping’s Push to Go Digital

COPENHAGEN, May 28 (Reuters) – The coronavirus lockdown has accelerated a digitalisation drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in...

May 28, 2020
Total Views: 14

Tuesday, October 22, 2019
containership
Maritime News

DP World Reports Lower Global Volumes in Third Quarter

DUBAI, Oct 22 (Reuters) – Port operator DP World reported on Tuesday a third quarter decline in cargo handled across its global portfolio as volumes fell in Dubai for a...

October 22, 2019
Total Views: 3

Wednesday, July 24, 2019
Maritime News

Drewry Sees DP World’s Traffic Jarred by Politics, Rival Port

By Verity Ratcliffe (Bloomberg) –U.S. sanctions against Iran and competition from Abu Dhabi are reducing traffic at DP World Plc’s home ports in Dubai, according to industry consultant Drewry. Traffic Woes...

July 24, 2019
Total Views: 4

Monday, July 8, 2019
offshore support vessels
Offshore News

DP World Hires Banks for $1 Billion Bond

By Archana Narayanan and Alaa Shahine (Bloomberg) –DP World Plc is hiring banks to raise about $1 billion of bonds to finance the acquisition of Topaz Energy & Marine Plc,...

July 8, 2019
Total Views: 1

Monday, July 1, 2019
Topaz Energy
Maritime News

DP World Acquires Topaz for $1 Billion

Dubai-based port operator DP World has acquired 100 percent of offshore services provider Topaz Energy and Marine for a purchase price of more than $1 billion. Topaz operates a diversified...

July 1, 2019
Total Views: 2

Friday, June 7, 2019
nuclear icebreaker convoy
Maritime News

DP World, Russia Partnership Seeks to Develop Ports Along Northern Sea Route

By Katya Golubkova and Gleb Stolyarov ST PETERSBURG, June 7 (Reuters) – DP World, one of the world’s largest port operators, wants to run ports that Russia plans to build...

June 7, 2019
Total Views: 19

Wednesday, February 20, 2019
p&o ferry spirit of france
Maritime News

DP World Buys Back Britain-Based P&O Ferries for $421 Million

DUBAI, Feb 20 (Reuters) – DP World has bought back British ferry and shipping freight operator P&O Ferries for 322 million pounds ($421 million), more than a decade after it...

February 20, 2019
Total Views: 11

Monday, December 17, 2018
shipping container
Maritime News

Dubai’s DP World Seeks to Quash India Antitrust Probe Over Mumbai Port-Court Filing

By Aditya Kalra NEW DELHI, Dec 17 (Reuters) – Dubai’s DP World has approached an Indian court to quash an antitrust investigation recently ordered into its alleged anti-competitive behaviour at the...

December 17, 2018
Total Views: 5

Thursday, December 6, 2018
unifereder-container-ship
Maritime News

DP World Completes Unifeeder Acquisition

By Gavin van Marle – DP World has completed its acquisition of European feeder and shortsea shipping line Unifeeder after this week securing clearance from European monopolies regulators. The €660m...

December 6, 2018
Total Views: 9

Tuesday, August 28, 2018
unifereder-container-ship
finance

Is DP World’s ‘One-Stop Shop’ Ambition Too Risky?

By Mike Wackett (TheLoadstar) DP World’s planned acquisition of European shortsea container line Unifeeder took the industry by surprise when the deal was announced earlier this month. The rationale for...

August 28, 2018
Total Views: 11

Wednesday, August 8, 2018
News

DP World Acquires European Logistics Firm Unifeeder for 660 Million Euros

Some big news this week from one of the world’s top port operators and self-proclaimed global trade enabler. On Tuesday, Dubai-based DP World announced plan to acquire 100% of Unifeeder,...

August 8, 2018
Total Views: 1

Thursday, August 2, 2018
djibouti port dispute
Maritime News

London Court Rules DP World Djibouti Contract is ‘Valid and Binding’

DUBAI, Aug 2 (Reuters) – Dubai’s government said on Thursday the London Court of International Arbitration (LCIA) has ruled DP World’s port container terminal contract in Djibouti was valid and...

August 2, 2018
Total Views: 14

Tuesday, May 1, 2018
Maritime News

DP World, Virgin Hyperloop One to Build Hyperloop System for Cargo Deliveries

DP World and Virgin Hyperloop One have partnered to create new global company seeking to revolutionize global freight transportation using the futuristic hyperloop technology. The new company, called DP World...

May 1, 2018
Total Views: 25

Friday, March 2, 2018
shipping containers
News

DP World May Develop $1.2 Billion Port at Banana on Congo Coast

By William Clowes and Michael J. Kavanagh (Bloomberg) — DP World Ltd. may develop a $1.2 billion deep-water port in the Democratic Republic of Congo, according to documents published by...

March 2, 2018
Total Views: 8

Monday, February 26, 2018
News

CMA CGM to Set Up Cold Storage Facility at London Gateway

French shipping giant CMA CGM has reached a long-term agreement with DP World London Gateway on the lease of a 107,155 sq ft climate-controlled warehouse to be built at the logistics...

February 26, 2018
Total Views: 9

Tuesday, February 6, 2018
Maritime News

Terminal Operator DP World Says 2017 a Record Year for Global Container Volumes

Dubai-based terminal operator DP World has announced a record volume of just over 70 million TEU across its global portfolio of container terminals in 2017, representing a 10.1% growth compared...

February 6, 2018
Total Views: 3

Monday, January 22, 2018
dp world shipping terminal
Maritime News

DP World and India’s Infrastructure Fund Plan $3 Billion Investment in Transport and Logistics

By Arif Sharif (Bloomberg) — DP World Ltd., the Dubai-based port operator that manages terminals from Hong Kong to Peru, and India’s National Investment & Infrastructure Fund plan to jointly...

January 22, 2018
Total Views: 3

Monday, December 18, 2017
london gateway shipping terminal
Maritime News

London Gateway Set to Lose Asia-Europe Service as THE Alliance Revamps Network

By Gavin van Marle (The Loadstar) – London Gateway is to lose one of its much-prized Asia-Europe services next year after THE Alliance partners unveiled their network plans for 2018....

December 18, 2017
Total Views: 1