Dubai-based global marine operator DP World has received the Letter of Award from Jawaharlal Nehru Port Trust India to build and operate a single berth facility of 330 metres quay length at Nhava Sheva, Mumbai.
The new facility is expec
Dubai-based global marine operator DP World handled 14.2 million TEU (twenty-foot equivalent units) in the third quarter of 2012, marking a 1 per cent decrease compared to the same period last year.
The decrease reflected the dive
Dubai-based marine operator DP World has registered a 7.5 per cent jump in container volumes in the first half over last year handling 28.2 million TEU (twenty foot equivalent units) across its global portfolio of over 60 marine terminals.
DP World, the world's third-largest port operator, has attracted strong demand from both local and foreign banks for a $1 billion loan it wants to raise to help refinance a $3 billion facility maturing in October, bankers told Reuters.
DP World, a leading global marine terminal operator, has posted a record year for container handling, with over 54.7 million TEU (twenty-foot equivalent container units) handled in 2011, an increase of 10 per cent over 2010.
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DP World, one of the largest marine terminal operators in the world, said it has started upgradation of the Al Hamriya Port in Dubai.
The work has already started on the first phase of modernising the small and busy general cargo facility
DP World, a leading global marine terminal operator, said that due to unpredictable trends in global trade, the volume of its business has declined 10 per cent in the first four months of 2009.
The declaration was made today (May 28) by Mo