Monday 21 April 2014
 
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port operator

Gulftainer eyes $500m Russia, Asia buys

Gulftainer Company, the United Arab Emirates' second largest ports operator, has set up a $500 million fund with Russian partners as it eyes more acquisitions in Russia, the Gulf and Asia, its vice chairman said on Monday. The ports operat

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Credit Suisse raises DP World to outperform

DP World, the world's third-largest port operator, is set to benefit in the long term from its presence in regions that have been less hit by the economic downturn and from investments in its existing and new facilities, Credit Suisse said.

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DP World sells stake in UK container services firm

DP World, the world's third-largest port operator, sold its 34 per cent stake in UK-based Tilbury Container Services for $75.48 million, it said in a statement on Thursday. The port operator sold the stake in the deep-sea container ser

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DP World plans quay extension

Leading port operator DP World said it plans to construct a 400 metre quay extension at its flagship Jebel Ali Port aimed at boosting the capacity at its facility by one million TEUs (twenty-foot equivalent container units) to

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Credit Suisse downgrades DP World

Credit Suisse downgraded DP World  to "neutral" from outperform as it sees trade growth slowing down for the port operator in the second half. "Some weakness in global trade seems unavoidable according to the recent leading indicators

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DP World rolls out “Beat the Heat” campaign

Leading port operator DP World, has launched a “Beat the Heat” campaign at all its UAE facilities, detailing practical ways to safeguard against the dangers of prolonged heat and sun exposure. “Beat the Heat” consists of two “Fitness

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DP World rolls out “Beat the Heat” campaign

Leading port operator DP World, has launched a “Beat the Heat” campaign at all its UAE facilities, detailing practical ways to safeguard against the dangers of prolonged heat and sun exposure. “Beat the Heat” consists of two “Fitness

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DP World LSE listing may prompt stake sale

DP World's planned dual listing on the London Stock Exchange may prompt a stake sale by majority shareholder Dubai World, a report by investment bank J P Morgan said. State-owned conglomerate Dubai World owns 80 per cent of the port op

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DP World volumes up 14pc in 2010

DP World, one of the world's largest port operators, said container volumes rose 14 per cent last year fuelled by growth in Asia, Australia and the Americas, as well as the addition of new terminals. DP World handled 49.6 million twent

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DP World secures top accreditation

Global port operator DP World has achieved the prestigious Chartered Institute of Purchasing & Supply (CIPS) Organisation Certification for Procurement Excellence. The CIPS Organisation Certification is the most recognised internationa

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