Wednesday 26 July 2017
 
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TEU

King Abdullah Port throughput up 8pc in 2016

Saudi Arabia’s King Abdullah Port recorded an annual throughput of 1.4 million TEU (twenty-foot equivalent unit) by the end of 2016, an increase of about 8 per cent compared to 2015. The port has also raised its annual capac

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DP World 2015 revenue tops $3.9bn, up 16.3pc

Dubai-based DP World, a leading enabler of global trade, has posted revenue of $3.9 billion for 2015, as against $3.4 billion during the previous year, marking an increase of 16.3 per cent. Adjusted EBITDA increased 21.4 per cent,

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King Abdullah Port handles 1.3m TEUs in 2015

King Abdullah Port in Saudi Arabia handled 1.307 million TEU (twenty foot equivalent unit) containers in 2015, the port’s second year of operations, said a top official. King Abdullah Port, the first privately developed and

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Morocco plans port upgrades worth $1bn

Morocco will invest a total of €1 billion ($1.08 billion) in port modernisation, €350 of which will be spent on new installations at Casablanca, a report said. A three-million TEU capacity box terminal will also be built

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Morocco plans port upgrades worth $1bn

Morocco will invest a total of €1 billion ($1.08 billion) in port modernisation, €350 of which will be spent on new installations at Casablanca, a report said. A three-million TEU capacity box terminal will also be built

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DP World’s like-for-like profit up 41pc in H1

Global marine terminal operator DP World has reported profit attributable to owners of the company before separately disclosed items of $332 million for the six months to 30 June, 40.8 per cent ahead of the first half of 2013 on a like-for-like

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DP World container volumes up 10.5pc in Q1

DP World, a global marine operator, handled 14.3 million TEU (twenty-foot equivalent units) across its worldwide portfolio of container terminals during the first quarter of 2014, with gross container volumes growing by 10.5 per cent on a like-f

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Gulftainer expands 2013 ops by 50pc

Gulftainer, the largest terminal operator in the Middle East by number of terminals operated, expanded its operations by 50 per cent in 2013 with increased investments in overseas interests and operations. During the course of the

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DP World container volume grows

DP World handled 55 million TEU (20-foot equivalent units) across its global portfolio of container terminals the last year, with gross container volumes growing by 0.7 per cent on the previous year. The second half of the year de

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DP World UAE Region handles record TEUs

DP World UAE Region, a leading marine operator, handled a record 10 million TEU (twenty-foot equivalent unit) containers for the nine months to September, said a top official. With its additional capacity of 1 million TEU in June

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