DP World has commissioned the installation of 88,000 rooftop solar panels on its Dubai facilities which will eventually provide 40% of the total energy consumption at the free trade logistics park linked to its flagship Jebel Ali Port.
DP World Southampton has brought an additional 11.2 acres of land on stream and is to upgrade its container handling equipment and quayside cranes to remain in step with the world’s largest container vessels.
Problems continue to mount for bankrupt Hanjin Shipping in North America even if some of its vessels have managed to dock and discharge cargo.
DP World has established another strategic Caspian Sea foothold on the “New Silk Road” after entering into an agreement to develop a free trade zone in Azerbaijan.
An agreement to explore investment opportunities in ports, special economic zones and inland logistics centres in Russia expands DP World’s growing presence in the world’s largest country.
DP World has delayed bringing 1.5m teu of extra capacity on line at Jebel Ali’s terminal 3 and “slowed” the construction of its flagship port’s new $1.6bn terminal 4 due to what it describes as "quite clearly" a global economic slowdown.