New capacity and a pickup in global trade drove strong profitability at DP World in the first half of 2014, leaving the global terminal operator with a positive outlook for full-year 2014.
DP World Australia Completes Next Phase of TOS Standardization & Centralization with Navis N4 Go-Live in Melbourne
16 Aug 2014
Diversions related to the ongoing negotiations on the U.S. West Coast between the International Longshore and Warehouse Union and the Pacific Maritime Association continue to have an impact elsewhere.
13 Aug 2014
Following up on an announcement last week by DP World that it is not accepting U.S.-bound rail cargo at its Vancouver, British Columbia, terminal, Hapag-Lloyd advised customers that two voyages this week will discharge containers at U.S. West Coast ports.
08 Aug 2014
Troubles in the Pacific Northwest dominated the news this week.
06 Aug 2014
Starting Aug. 8, DP World Vancouver will stop accepting U.S.-bound containers intended for direct transfer to rail, citing a lack of railcars to handle the surge of cargo headed across the border.
24 Jul 2014
DP World’s container traffic increased 9.3 percent on a like-for-like basis in the first half of 2014.
10 Jul 2014
Djibouti has annulled DP World’s operating concession at the Doraleh Container Terminal and has begun arbitration proceedings over alleged corruption.
19 Jun 2014
Greece has received expressions of interest from eight companies bidding for a majority stake in the Thessaloniki Port Authority (OLTH), the operator of the country’s second largest seaport.
12 May 2014
Container throughput at major ports in India climbed 3.71 percent year-over-year in April.
29 Apr 2014
Stronger global trade growth and new capacity in the United Kingdom and Brazil boosted DP World’s traffic by 11.6 percent in the first quarter.
20 Mar 2014
DP World posted a 10.9 percent increase in net profit in 2013 as it focused on fast-growing emerging markets, but revenue and container volume declined on capacity constraints, asset disposals and tough market conditions.
05 Mar 2014
Global terminal operator DP World on March 5 broke ground on its second container terminal at the Port of Jawaharlal Nehru (Nhava Sheva), India’s largest box gateway.