DP World
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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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Maritime
DP World repurchases P&O Ferries
DP World (NASDAQ Dubai: DPW) announced that it will repurchase P&O Ferries from Dubai World according to a DP World press release. The acquisition will…
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Asia-Pacific
Wharfies fired up over alleged threat to income protection benefits
Longshoremen working for DP World Australia (DPWA) are fired up over an alleged threat to their income protection insurance. That benefit was granted to them…
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News
Today’s pickup: beef in South Dakota left to roast, Narvar raises $30 million in funding
The early summer truck strike continues to impact Brazil, Narvar raises $30 million in funding, GreyOrange picks Atlanta for its US headquarters, and more in…
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