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.
DP World Australia Completes Next Phase of TOS Standardization & Centralization with Navis N4 Go-Live in Melbourne
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.
13 Feb 2014
Harbor truck drivers returned to their jobs on Feb. 12 after a four-day strike at the Vallarpadam International Container Transshipment Terminal, a DP World facility in India’s Port of Cochin.
11 Feb 2014
A strike by harbor truck crews has affected normal operations at the Vallarpadam International Container Transshipment Terminal, a DP World facility in India’s Port of Cochin.
06 Feb 2014
After more than five years of inertia in the marine terminal business, the industry is beginning to churn. Some investors who spent billions of dollars in the mid-2000s to buy into container terminals want out, while others see this as a good time to invest in the industry.
05 Feb 2014
DP World handled nearly 55 million TEUs at its global terminals in 2013, down 1.9 percent from the previous year’s 56.1 million TEUs, due to the sale of a facility in Hong Kong.
26 Jan 2014
India’s Port of Jawaharlal Nehru, which has been plagued by labor troubles in recent months, is bracing for yet another disruption to shipping as the port trust announced a nearly six-week partial shutdown of the port-run container terminal, beginning in mid-March, for harbor crane replacement.
12 Jan 2014
An Indian court has temporarily set aside a plan by the Chennai Port Authority to convert its existing bulk facility into a minor container terminal through a public-private partnership development scheme.
30 Dec 2013
Normal operations resumed on Dec. 25 at India’s Vallarpadam International Container Transshipment Terminal, a DP World facility in Cochin Port, following the end of a work stoppage action by harbor truck drivers.
30 Dec 2013
A consortium comprising DP World and Mumbai-based J.M. Baxi Group has been selected to build and operate a new container terminal at Visakhapatnam, a major state-owned cargo hub on India’s southeastern coast.
24 Dec 2013
A strike by harbor truck crew over wage improvement and bonus entitlement issues has disrupted normal operations at the Vallarpadam International Container Transshipment Terminal, a DP World facility in India’s Port of Cochin, according to local shipping sources.
19 Dec 2013
Shipping costs for containers handled at the Vallarpadam International Container Transshipment Terminal in India’s Port of Cochin will go up, effective Jan. 1, 2014, following an upward revision of terminal handling charges levied by terminal operator DP World.