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.
DP World Australia Completes Next Phase of TOS Standardization & Centralization with Navis N4 Go-Live in Melbourne
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.
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.