Global terminal operator DP World reported a 22 percent increase in net profit during the first half of 2015 but said it expects growth to slow amid a “challenging” global economy during the rest of year.
DP World Australia Completes Next Phase of TOS Standardization & Centralization with Navis N4 Go-Live in Melbourne
31 Jul 2015
Five firms, three joint ventures and two single companies, are aiming to win a concession to modernize Davao Sasa, a major gateway for Philippines exports, particularly bananas.
28 Jul 2015
DP World posted a 4.2 percent increase in container traffic in the first half of the year, driven largely by strong growth at its terminals in Europe and the United Arab Emirates.
06 May 2015
Logistics providers out of India’s largest container port complex — Jawaharlal Nehru Port Trust — are again reporting abrupt terminal gate closings and long truck waits, even as the stakeholders put in place a spate of proactive steps to streamline gate activity and truck flow in the past few months.
27 Apr 2015
For a region dismissed not so long ago as a bit of a backwater, where inefficiency, corruption and chronic congestion were the norm, east Africa is beginning to show its mettle.
02 Apr 2015
DP World on Thursday announced it is buying Maher Terminal’s Fairview Container Terminal in Prince Rupert, British Colombia, from Germany’s Deutsche Bank, for C$580 million ($457 million).
31 Mar 2015
DP World and the government of the Maldives have signed an agreement for the latter to build an up to $300 million deepwater port complex on the industrial island of Thilafushi.
19 Mar 2015
Dubai’s DP World booked an 11.8 percent increase in 2014 profit as it benefited from its focus on container terminals in fast-growing emerging markets.
15 Mar 2015
A dispute on rental fees charged to container terminal operators by the port of Melbourne is leading some in Australia to suggest regulating ports under competition law.
07 Mar 2015
The four-alarm chemical fire at Port Metro Vancouver that shut down operations at the port for nearly 24 hours has been extinguished and operations on the south shore of Burrard Inlet have resumed.
03 Mar 2015
The proposed 750 percent rent increase for DP World’s Melbourne terminal is a “blatant money grab” by the state government, said Shipping Australia chief executive officer Rod Nairn.
03 Feb 2015
DP World handled 59.9 million TEUs across its global network in 2014, a year-on-year growth of 8.9 percent that was helped by the contribution from new terminals at London Gateway and Embraport in Brazil.