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.
DP World Australia Completes Next Phase of TOS Standardization & Centralization with Navis N4 Go-Live in Melbourne
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.
09 Jan 2015
Customs brokers in Mumbai are blaming a lackadaisical inventory management by DP World-operated Nhava Sheva International Container Terminal (NSICT) for the long truck waits outside Jawaharlal Nehru Port Trust, India’s largest container gateway.
27 Dec 2014
HONG KONG — The Austrlalian operations of DP World will face a tough start to the year after a series of bitter disputes in recent months with local trade unions over pay and working conditions at its four port facilities.
18 Dec 2014
Capacity at a container terminal at Viskhapatnam Port, a major state-owned cargo hub on India’s southeastern coast, is set to double to 1 million TEUs annually after a consortium signed a Rs. 633.11 crore (US $102 million) construction contract.
18 Dec 2014
DP World’s shareholders today backed the Dubai-based global terminal operator’s plan to delist its shares on the London stock exchange on the basis that they are too thinly traded there.
11 Dec 2014
Terminal operator DP World said it will lock out dockworkers at Australia’s Port of Fremantle for 24 hours next week in the latest move in an increasingly bitter labor dispute.
16 Nov 2014
The Panamanian government is keen to convince global terminal operator DP World to expand its footprint and help the country become an even larger transhipment hub when the expanded Panama Canal opens in early 2016.
13 Nov 2014
DP World has agreed to buy Economic Zone World [EZW], a company that operates a logistics and industrial complex next to the global terminal operator’s flagship Jebel Ali port, for $2.6 billion.