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Dubai: DP World chairman Sultan Ahmed Bin Sulayem told stakeholders the Dubai maritime giant handled 12.8m teu globally in the first three months of 2013.


Abu Dhabi: Seatrade's World Ports and Trade Summit firmly fixed the spotlight on the eastwards shift of global trade, and the increasing role of emerging markets in the global economy.

Dubai: Global port operator DP World today announced an 8% rise in annual profits to $749m for 2012 as consolidated throughput fell from 27.5m teu in 2011 to 27.1m teu for 2012.

Hong Kong: DP World is selling stakes in two Hong Kong container terminals and a logistics business for a total of $742m. Hutchison Port Holdings Trust is buying all of Asia Container Terminals which operates container terminal 8 west from DP World and its partner PSA for $279m.

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