DP World
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American Shipper
DP World Southampton welcomes its largest vessel ever
The new class of container ships is part of HMM’s quest to achieve net-zero carbon emissions by 2050.
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American Shipper
Vancouver records second-highest cargo volume despite trade ‘challenges’
Global market uncertainty weighed down Canada’s largest container port in second half of 2019.
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American Shipper
DP World finalizes Fraser Surrey Docks acquisition
Purchase of Canadian port operations part of global strategy “to connect directly with customers to offer logistics solutions and remove inefficiencies in the supply chain…
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American Shipper
DP World to expand, operate Jeddah container terminal
DP World has been awarded a contract that will result in expansion of a container terminal in Jeddah, Saudi Arabia.
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Maritime
Port Report: DP World’s profit up as new logistics bets pay off
Fourth-largest ports operator sees tepid volume growth, but logistics provides offset.
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American Shipper
EagleRail Container Logistics: An idea ready to take flight?
A Chicago startup has proposed using crane rails to move containers in and out of terminals to ease congestion in the era of mega-ships.
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American Shipper
PSA completes acquisition of Halifax container terminal
PSA International Pte Ltd said it has completed the acquisition of Halterm Container Terminal in Halifax, Nova Scotia, from a fund managed by Macquarie Infrastructure…
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Maritime
Russia seeks to open its Arctic waters to world shipping
A consortium comprising DP World of the United Arab Emirates, the Russian Direct Investment Fund (a sovereign wealth fund), Rosatom and Norilsk Nickel have agreed…
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Asia-Pacific
Port Report: China Merchants rejiggers debt for Djibouti free-trade zone after Doraleh Container Terminal seized
Developing markets offer high growth, but high risk, as dispute between east African nation and Dubai firm forces Chinese ports operator to refinance loan.
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Asia-Pacific
Port Report: global box-terminal operator DP World reports revenues of US$5.65 billion
International terminal mega-operator, DP World, has announced a solid set of results for 2018. Revenues, earnings before interest taxation depreciation and amortization (EBITDA), and net…
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