dp-world
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 short sea line.
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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 ...
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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 ...
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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 ...
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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 ...
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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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DP World inaugurated its Kigali Logistics Platform in the presence of the Rwandan President Paul Kagame and DP World chairman and chief executive Sultan Ahmed Bin Sulayem. The facility has been operational since September 2018 in test mode, and has an annual capacity of 50,000teu. DP World says it could ...
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DP World has expanded its container handling operation at the Port of Callao in Peru into a full maritime and logistics operation. Since building the greenfield Port of Callao, it has acquired maritime services company Cosmos Agencia Maritima, Neptunia and Triton Transport, which run logistics hubs, warehouses, bonded storage and ...
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Ernst Schulze has taken up the reigns as DP World’s UK chief executive officer from Chris Lewis, who is retiring after 36 years in the ports industry. Mr Schulze will oversee the Southampton and London Gateway container terminals, the Logistics Park at London Gateway and customs clearance provider Community Network ...
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DP World has signed a partnership with Zhejiang China Commodity City Group Company to develop a ‘Traders Market’ in Jebel Ali Freezone (JAFZA). DP World will hold a majority share in the 70/30 joint venture. The Market project will about 800,000sq m, with Phase 1 development covering about 220,000 sq ...
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