DP World has announced a 50.2% increase in profit attributable to shareholders of $608m for the first half of 2016 and says it remains well placed to “continue to outperform the market” despite on-going global trade uncertainty.
DP World has gone all sci-fi, unveiling a partnership with a US company it hopes will eventually lead to the movement of containers between its flagship port at Jebel Ali and a new inland container depot in Dubai via Hyperloop technology.
DP World subsidiary P&O Maritime has inked an exclusive “memorandum of co-operation” to provide much needed port marine services expertise at Ukraine’s Odessa Sea Commercial Port.
Another day, another container terminal concession for global port operator DP World.
DP World is on the march again, this time to Taiwan where it has vowed to help Kaohsiung Port regain some of its former glory.