Feature, Freight News, Logistics, Sea

DP World in the fast lane

[ March 11, 2020   //   ]

Global port company DP World says its revenue grew 36.1%  in the year ended 31 December 2019while adjusted earnings (EBITDA basis) increased 17.7%. The revenue included acquisitions including P&O Ferries, Topaz Energy and two terminals in Chile, as well as the full year impact from earlier acquisitions including short-sea operator Unifeeder.

DP World has meanwhile signed an agreement with athe Renault F1 Team to become the Global Logistics Partner and Title Partner of the team from the 2020 season. Teams from DP World, Renault Sport Racing and Groupe Renault will collaboratively explore opportunities to increase the efficiency of their supply chain.