While GCC port throughput will grow at 7% CAGR to 35m teu in the six years to 2020, capacity is expected to jump from 30-45m teu, keeping capacity utilisation in the 70-80% band during the period, the UAE’s top port official said last week.
DP World London Gateway is to move ahead with plans to build a third berth, slated to enter operation in the latter half of 2016.
Dubai-headquartered terminal operator DP World handled 60m teu during 2014, an 8.9% increase over the previous year.
What are the implications of Gulftainer's ground-breaking entry in the US in June? Five months on, Seatrade Global spoke to four of the world's leading ports consultants to find out.
DP World and Qingdao Port Group have signed a cooperation deal on information sharing aimed at stimulating business growth.
DP World announced today it is to acquire Jebel Ali Port’s free zones business from its parent and delist from the London Stock Exchange after trading in its stock was flat over the last three years.
DP World handled 44.8m teu in the first nine months of 2014, a 9% increase over the 40.7m teu recorded in the same period in 2013.
DP World has started has started trial operations at its $850m Jebel Ali's new Terminal 3 (T3) with a maiden call by the APL Phoenix.
This week, the River Thames played host to its biggest ever maritime guest – Maersk’s 15,500 teu E-Class vessel Edith Maersk.
DP World unit P&O Maritime is taking a majority stake in Spanish OSV operator Remolcadores de Puerto y Altura (Repasa).