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dp-world

Fixing the climate? We’ll give it a shot, says DP World

DP World together with Expo 2020 Dubai have become a Global Alliance Founding Partner of The Earthshot Prize. Established by Prince William, Eartshot aims to incentivise worldwide change with a decade of action to repair the planet. Taking inspiration from John F. Kennedy’s Moonshot, which united millions of people around the world to put a man on the moon, The Earthshot Prize is centred around five ‘Earthshots’ - to protect ... [+]

Dubai to explore Israel freight links

DP World and Dubai Customs are to explore opportunities to develop trade links between Israel and the United Arab Emirates, following the signing of a series of memorandums of understanding (MoUs). The UAE, along with Bahrain, have recognised Israel, ending a decades-long boycott of the country. In a ceremony that would have ... [+]

Covid hits DP World volume

Global port operator DP World handled 33.9 million teu across its global container terminals in the first half of 2020, down 5.3% year-on-year on a reported basis and down 3.9% on a like-for-like basis. Jebel Ali in the UAE handled 6.7 million teu, down 6.8%% year-on-year, due to Covid-19 and ... [+]

New concept could slash port land costs

DP World has completed assembly of the world's first container High Bay Store system (HBS) at Jebel Ali Port which stacks containers up to eleven high. BoxBay is  a joint venture between the port operator and German industrial engineering specialist SMS Group. Real life test operations are due to start before ... [+]

DP World completes Black Sea triangle

DP World has completed acquisition of a 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, following regulatory approval from government authorities. It allows the port operator to offer a Black Sea service linking its terminals in Constanta and Yarimca with TIS Container Terminal using its Unifeeder ... [+]

DP World launches online platform

DP World has launched new platforms to enable forwarders to book shipments of cargo from and to anywhere in the world, by sea, land and air. Following the acquisition of SeaRates.com, LandRates.com and AirRates.com. DP World has also created a Digital Freight Alliance, an online association that brings freight forwarders ... [+]

DP World in the fast lane

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 ... [+]

DP World extends Rwanda’s supply chain

DP World says it has opened Rwanda's first fully fledged cold storage area at its recently inaugurated Kigali Logistics Platform. The new facility is expected to boost the country’s agricultural sector by helping local to expand their production beyond tea and coffee and export a range of vegetables and fruits ... [+]

Egypt port project nears completion

DP World Sokhna says it is nearing completion of its Basin 2 project that will nearly double the Egyptian port’s capability to 1.75 million teu per year. The extra capacity will be operational by the second quarter of 2020 and will make Sokhna the only port in the country capable ... [+]

DP World signs Namibia development deal

DP World has signed a memorandum of understanding with Namibia's Nara Namib Free Economic Industrial Zone to develop an industry and logistics area in Walvis Bay. It will offer development-ready land for industrial and logistics operations, pre-built warehouses and office accommodation. Development of the first 50 hectares phase of the ... [+]

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