Archive | DP World

Newsroom DP World

2020
28
July
2020
| 14:21 Europe/Amsterdam
DP World’s Komatipoort inland container depot in South Africa, has become the first dry port in the region, east of Gauteng, following its licencing by the South African Revenue Service (SARS) as an approved bonded container depot. Strategically l...
Read more
27
July
2020
| 11:04 Europe/Amsterdam
DP World, the Dubai- based provider of worldwide smart end-to-end supply chain logistics, has agreed to acquire a 60 per cent shareholding in UNICO Logistics Co. Ltd. The transaction, subject to regulatory clearances, is expected to close in Q4 20...
Read more
27
July
2020
| 10:58 Europe/Amsterdam
New regulatory framework will provide a boost to Virgin Hyperloop’s commercialization efforts, says company chairman, HE Sultan Ahmed Bin Sulayem Hyperloop projects to be eligible for Federal funding in the US Announcement demonstrates commitment...
Read more
27
July
2020
| 08:34 Europe/Amsterdam
DP World Limited handled 33.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2020, with gross container volumes decreasing by 5.3% year-on-year on a reported basis and down 3.9% on a...
Read more
15
July
2020
| 13:02 Europe/Amsterdam
DP World has lauded a decision by the US House of Representatives to pass legislation requesting a regulatory framework for the safe deployment of hyperloop systems. The Non-Traditional and Emerging Transportation Technology (NETT) Council in the US ...
Read more
02
July
2020
| 10:28 Europe/Amsterdam
Intelligent container stacking system “BoxBay” set to revolutionise global supply chains A new container terminal operating mode takes shape will full automation powered by solar panels First container high bay store constructed at Je...
Read more
30
June
2020
| 10:16 Europe/Amsterdam
Feedering operations now on one platform in Europe, the Middle East, the Indian Subcontinent and South East Asia, expanding its capabilities across the supply chain to enable global trade By integrating the acquisitions of its recent acquisitions ...
Read more
24
June
2020
| 12:03 Europe/Amsterdam
In partnership with DP World, the Dubai-based provider of worldwide smart end-to-end supply chain logistics, the Saudi Ports Authority (MAWANI) has launched the first direct shipping line connecting UAE’s Jebel Ali Port in Dubai with Egypt’s Sokhna P...
Read more
11
June
2020
| 11:31 Europe/Amsterdam
Dubai-based provider of worldwide smart end-to-end supply chain logistics, DP World, with a global network of 123 business units in 54 countries, has announced the completion of its acquisition of a 51% stake in TIS Container Terminal in the Port of ...
Read more
28
May
2020
| 10:20 Europe/Amsterdam
Collaboration will offer greater ease of doing business across the supply chain Manual, time-consuming administrative processes are replaced with digital procedures powered by Blockchain Technology DP World, a leading enabler of globa...
Read more
07
May
2020
| 11:12 Europe/Amsterdam
Renault DP World F1 Team will enter a British driver line-up for this weekend’s Virtual Spanish Grand Prix as Renault Sport Academy Driver Max Fewtrell is joined by star golfer Ian Poulter in black and yellow. Max, from Henley-on-Thames in the Uni...
Read more
26
April
2020
| 12:39 Europe/Amsterdam
DP World Sokhna, a major gateway for Egypt's trade, has said it is operating its port at maximum capacity to meet import requirements and to continue supporting the country's people and economy during the Coronavirus pandemic.  It said it's been c...
Read more
21
April
2020
| 10:11 Europe/Amsterdam
DP World has launched cutting-edge online logistics tools and services, covering sea, land and air shipping around the world. The connected ecosystem of platforms will enable freight forwarders and any business, to book shipments of cargo from and to...
Read more
20
April
2020
| 15:06 Europe/Amsterdam
DP World has announced the launch of a new online marketplace for Ramadan bazaars to support local artisans and small businesses in selling their products during the Holy Month of Ramadan. Launched in close partnership with the Department of Econo...
Read more
11
March
2020
| 07:54 Europe/Amsterdam
DP World and the Renault F1 Team have signed an agreement making DP World the Global Logistics Partner and Title Partner of the team, which will become the Renault DP World F1 Team starting from the 2020 season. Under the partnership, teams from D...
Read more
11
March
2020
| 06:17 Europe/Amsterdam
DP World announces robust financial results for the year ended 31 December 2019. On a reported basis, revenue grew 36.1% and adjusted EBITDA increased 17.7% with adjusted EBITDA margin of 43%, delivering profit attributable to owners of the Company, ...
Read more
24
February
2020
| 12:51 Europe/Amsterdam
DP World adds largest multi-purpose deep-sea marine terminal on the West Coast of North America to its portfolio DP World and CDPQ's global investment platform continues its strategic growth DP World, the leading enabler of global trade, and ...
Read more
17
February
2020
| 06:22 Europe/Amsterdam
Return to private ownership to help deliver aspiration of becoming world’s leading end-to-end logistics provider DP World’s parent company Port and Free Zone World has offered to acquire the 19.55 per cent of DP World’s shares traded on Nasdaq Dub...
Read more
13
February
2020
| 10:44 Europe/Amsterdam
Dubai-based provider of worldwide smart end-to-end supply chain logistics, DP World, has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including reg...
Read more
10
February
2020
| 10:35 Europe/Amsterdam
Mission aims to expand trade between São Paulo and MENA, as well as attract investment The state of São Paulo in Brazil today opened a representative office in Dubai, aimed at growing trade between Brazil's leading industrial centre and the Middle...
Read more
04
February
2020
| 11:35 Europe/Amsterdam
DP World handled 71.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 2019, with gross container volumes flat year-on-year on a reported basis and up +1.0% on a like-for-like[1] basis. Like-for-like...
Read more
27
January
2020
| 12:25 Europe/Amsterdam
Establishment of Rwanda’s first fully fledged cold storage to contribute to growth of key sectors including agriculture, hospitality and pharmaceuticals Following the inauguration of the Kigali Logistics Platform last October, DP World has expande...
Read more
21
January
2020
| 10:16 Europe/Amsterdam
Expected to deliver a strong competitive advantage and enhance the industry-leading position of both companies DP World and Swissterminal Holding AG, the leading container terminal operator in Switzerland, have entered a strategic partnership. ...
Read more
14
January
2020
| 06:39 Europe/Amsterdam
Ruling by Tribunal says Djibouti acted illegally DP World has won a further legal hearing against the Government of Djibouti over the Doraleh Container Terminal. A Tribunal of the London Court of International Arbitration ordered Djibouti to resto...
Read more
2019
23
December
2019
| 13:15 Europe/Amsterdam
Global trade enabler DP World has been awarded a 30-year Build-Operate-Transfer (BOT) concession by the Saudi Ports Authority (Mawani), for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port...
Read more
18
December
2019
| 09:12 Europe/Amsterdam
Global trade enabler DP World has embarked on an ambitious partnership with Abaarso School in Somaliland, to dynamically enhance educational opportunities for youths. DP World Berbera manages and is currently expanding the multi-purpose port of Berbe...
Read more
04
December
2019
| 09:01 Europe/Amsterdam
Unifeeder, a 100% owned subsidiary of DP World PLC, has announced the acquisition of a 77% stake in the Feedertech Group. The deal, which is expected to close in Q1/2020, is the latest step in DP World’s vision to build end-to-end logistics capabilit...
Read more
25
November
2019
| 10:47 Europe/Amsterdam
DP World will use the capital to further enhance end-to-end logistics capability Ceremony underlines Dubai’s leading role in debt markets including listed Sukuk value totaling 64.3 billion US dollars Sultan Ahmed Bin Sulayem, Group Chairman and...
Read more
20
November
2019
| 11:35 Europe/Amsterdam
Milestone comes as DP World marks a decade of partnership and contribution to Egypt’s economic growth with total investment of US$1.6 billion DP World Sokhna has celebrated its 10th anniversary by announcing it is near completion of a major expans...
Read more
12
November
2019
| 12:51 Europe/Amsterdam
Global trade enabler DP World has signed a Memorandum of Understanding (MoU), with Namibia’s Nara Namib Free Economic Industrial Zone today to develop a free economic zone for industry and logistics in Walvis Bay to support the growth of Namibia as a...
Read more