Search results for: DP World

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  • 23 January 2019
    Business & Finance

    Dubai-based container port operator DP World has acquired an additional stake in DP World Australia.

  • 9 July 2019
    Business & Finance

    The company said it is “disappointed” with the CFMMEU’s escalation of industrial action across DP World terminals.

  • 21 July 2015
    Business & Finance

    The first distribution center at DP World London Gateway Logistics Park was officially opened on July 20th. The first phase of this high tech unit, which comprises 16,800m² (180,000 sq ft) of distribution and logistics space and 2,400m² (25,000 sq ft) of office space, has been finished to BREEAM “very good” standard. “DP World London […]

  • 24 July 2018
    Business & Finance

    DP World delivers encouraging results driven by performance of container terminals in Europe and Asia.

  • 17 February 2020
    Business & Finance

    DP World is returning to private ownership and delisting its shares from Nasdaq Dubai.

  • 15 March 2018
    Business & Finance

    Dubai-based port developer DP World reported 15.1 growth in earnings in 2017.

  • 24 August 2017
    Business & Finance

    Dubai-based port operator DP World saw a 15.8 percent rise in profit for the first half of 2017 on a like-for-like basis, earning USD 606 million amid improved trading environment. “Encouragingly, after a challenging period, we have seen a pick-up in global trade particularly in the second quarter of the year, and that combined with the […]

  • 5 September 2017
    Business & Finance

    Operations at DP World’s Fairview Container Terminal in Prince Rupert, Canada have been halted after an unidentified “incident” that occurred on Sunday morning, September 3. “As part of DP World’s emergency response, operations were suspended and there was immediate evacuation of all personnel from the terminal’s container yard,” a statement from the Prince Ruper Port […]

  • 12 November 2018
    Business & Finance

    DP World rings the market-opening bell at Nasdaq Dubai to commemorate multi-currency Sukuk and bonds listings.

  • 21 July 2015
    Business & Finance

    The first distribution center at DP World London Gateway Logistics Park was officially opened on July 20th. The first phase of this high tech unit, which comprises 16,800m² (180,000 sq ft) of distribution and logistics space and 2,400m² (25,000 sq ft) of office space, has been finished to BREEAM “very good” standard. “DP World London […]

  • 8 March 2017
    Business & Finance

    Members of The Alliance have revealed plans according to which ten of their services will call at DP World’s container terminals at London Gateway and Southampton. The Alliance, which comprises Hapag-Lloyd, K Line, Mitsui O.S.K. Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK Line) and Yang Ming, said that all of its mainline UK calls will be […]

  • 2 November 2015
    Business & Finance

    UAE-based port owner and operator DP World Limited said that it has agreed with Associated British Ports (ABP) to extend the license agreement for DP World Southampton for a further 25 years until 2047. Simultaneously, DP World announced that it has acquired the remaining 49% stake in DP World Southampton from ABP, making DP World […]

  • 18 May 2016
    Business & Finance

    The USD 3 billion Trust Certificate Issuance Programme of DP World Crescent Limited, a special purpose vehicle established in the Cayman Islands by DP World Limited, has been assigned a provisional (P)Baa3 senior unsecured rating, while its outlook on the rating was set at stable, according to Moody’s rating agency. The rating is at the same level as the […]

  • 4 December 2017
    Business & Finance

    Dubai-based terminal operator DP World has completed the acquisition of an additional 66.67% stake in Empresa Brasileira de Terminais Portuários (Embraport) in Brazil from Odebrecht Transport (OTP). Following the transaction, DP World’s shareholding was increased to 100% and the terminal will be rebranded to DP World Santos. The company informed that the purchase consideration is […]

  • 12 March 2020
    Business & Finance

    DP World posted 36.1 percent revenue growth and a 4.6 percent higher profit for the full year of 2019.

  • 1 August 2019
    Business & Finance

    The support comes on the back of a series of strikes organized by wharfies fighting job losses, outsourcing and automation.

  • 16 May 2016
    Business & Finance

    DP World Yarimca, one of the biggest container terminals in Turkey, has been officially opened for business by the President of the Republic of Turkey, Recep Tayyip Erdogan, the global marine terminal operator DP World said. The new container terminal, built in Kocaeli city, Körfez district, can handle up to 1.3 million containers covering 460,000 square metres. The […]

  • 14 March 2019
    Business & Finance

    DP World delivers 10.2% rise in profit, optimistic about future performance amid trade tensions.

  • 28 April 2016
    Business & Finance

    Dubai’s port and terminal operator DP World closed the first quarter of this year with 15.5 million TEUs handled across its global portfolio of container terminals, with gross container volumes growing by 3.7% on a reported basis. The growth in Q1 was driven by a stronger performance from DP World’s European and Indian subcontinent terminals, as explained […]

  • 16 August 2018
    Business & Finance

    DP World: Global trade sees upswing as geopolitical headwinds continue to pose uncertainty for the container market.

  • 24 October 2017
    Business & Finance

    Dubai-based terminal operator DP World Limited saw its volumes rise on the back of a recovery of global trade in 2017. Third quarter growth rates were at 13.5% year-on-year on a reported basis, ahead of second quarter growth and Drewry Maritime’s upgraded industry estimate of 5.5% throughput growth in 2017. In the first nine months […]

  • 23 April 2020
    Business & Finance, Ports & Logistics

    Dubai-based port and terminal operator DP World had a robust performance in the first quarter of the year with the like-for-like throughput broadly flat year-on-year. The port operator handled 17.2 million TEU across its global portfolio of container terminals in the first quarter of 2020, with gross container volumes decreasing by 1.7% year-on-year on a […]