Monday 28 July 2014
 
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DP World

DP World global container volumes up 9.3pc

DP World handled 29.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first half of 2014, with gross container volumes growing by 9.3 per cent on a like-for-like basis.  

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DP World signs $3 billion loan deal

DP World, a leading port operator, has signed a $3 billion loan deal, becoming the latest Dubai entity to take advantage of buoyant funding conditions to improve terms on its debt.   The new five-year facility is

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Djibouti in legal row with DP World over port concession

Djibouti said it had started legal action against DP World, seeking to rescind the Dubai-owned port operator's concession in Africa's largest container terminal in a row over how the contract was awarded. "The resulti

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Jebel Ali voted best seaport in Mideast

Jebel Ali Port, the flagship port of global marine terminal operator DP World, has been voted the “Best Seaport - Middle East” for the 20th year in a row at the prestigious Asian Freight and Supply Chain Awards. Popula

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DP World, Madives discuss ways to enhance relations

The DP World chairman and the Maldivian President discussed potential areas of co-operation and ways in which economic relations could be enhanced to higher levels recently.   Sultan Ahmed Bin Sulayem, DP World c

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DP World plans $1bn convertible bond

DP World plans to raise $1 billion with a convertible bond issue of 10 years duration on Thursday to fund growth opportunities and diversify its funding sources, the Dubai-based ports operator said in a statement. The issue is a r

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DP World wins top human development award

DP World, a leading marine terminal operator, has won the Dubai Human Development Award 2013 at a major ceremony recently, marking the 20th anniversary of the Dubai Business Excellence Awards by the Department of Economic Development.

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Giant vessel calls at DP World Vietnam

NYK-owned Northern Genius arrived this week at the DP World-operated Saigon Premier Container Terminal (SPCT) in Ho Chi Minh City, Vietnam. The Northern Genius, with a nominal TEU (twenty foot equivalent container unit) capacity o

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DP World awards big London Gateway contract

Dubai's DP World has awarded a major contract to the Buckingham Group for the construction of a common user facility (CUF) at its London Gateway Logistics Park. Following a period of ground preparation and development of key infrast

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DP World awards big London Gateway contract

Dubai's DP World has awarded a major contract to the Buckingham Group for the construction of a common user facility (CUF) at its London Gateway Logistics Park. Following a period of ground preparation and development of key infrast

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