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Bahrain port sees 11pc container volume growthThe Khalifa Bin Salman Port (KBSP), one of the GCC's most productive harbours located on the north-east of Bahrain, saw an 11 per cent growth in total local container volume last year, according to official data. According to More… |
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DP World achieves key container milestoneDubai-based global marine operator DP World celebrated a marquee milestone in its history when its Dubai ports handled the 100 millionth container to pass through DP World, UAE Region terminals in ten years. The 100 million More… |
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DP World lone bidder for India port dealDP World, the global port operator based in Dubai, has emerged as the lone bidder for developing a new container loading facility at Jawaharlal Nehru port near Mumbai as India’s busiest container port seeks to expand much-needed capacity. More… |
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Abu Dhabi launches $7 billion Khalifa PortAbu Dhabi launched operations at the $7.1 billion Khalifa Port on Saturday, seeking to diversify its oil-based economy with a project that could intensify competition for the region's shipping traffic with neighbouring emirate Dubai. More… |
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DP World sees container volumes up 10pcDP World, the Dubai-based global marine operator, has seen a 9.5 per cent jump in gross volumes in the first quarter handling 13.8 million TEU (twenty-foot equivalent units) across its global portfolio of marine terminals, said a top official. More… |
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Etihad switches to lightweight cargo containersUAE national carrier Etihad Airways said it has embarked on a program to replace 3,000 containers from the original aluminium Unit Load Device (ULD) fleet with eco-friendly lightweight versions. These lightweight cargo containers are being More… |
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DP World container volumes up 10pc in Q3DP World’s global portfolio of container terminals has delivered another solid quarter, handling gross volumes of 14.4 million TEU in the third quarter of 2011, an increase of 10 per cent over the same period last year. Gross More… |
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DP World 'likely to post higher H1 profit'Analysts at UBS and Nomura expect port operator DP World's first-half profit to be higher due to a rise in container volumes and better margins. The company, which is the world's third-largest ports operator, More… |
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Global container market to rebound in H2The global container market is set to rebound in the third quarter after a sharp downturn driven by overcapacity and limited demand, senior industry executives said on Tuesday. Container freight rates on the benchmark Asia-European route t More… |
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Khor Fakkan container throughput up 9.9pcThe UAE's Khor Fakkan port handled 2.75 million 20-foot equivalent unit containers (TEUs) last year, an increase of 9.9 per cent over the previous year, a report said. Khor Fakkan port is a key transshipment centre and only 25 per cent More… |
