Terminal operator and maritime services company DP World a 22% jump in first half profit to $753m as diversification pays off against an uncertain global economic backdrop.
Offshore vessel owner and operator Topaz Energy and Marine has continued to perform strongly in the first half of 2019 with an 87% utilisation rate for its fleet.
DP World has accused the government of Djibouti of “complete disregard and contravention” of the global legal system as it plans to rule all international adjudications on the Doraleh Container Terminal null and void.
The High Bay Storage (HBS) container terminal concept could not only make terminal operations easier but also help speed up hinterland supply chains, DP World director of global operations Patrick Bol told delegates at the TOC Container Supply...
DP World has seen its home base box volumes in the UAE plunged by 8.8% year-on-year in the first quarter, dragging down its overall volumes across its global portfolio of container terminals.
The Dubai Maritime City Authority (DMCA) has released a list of all the technology and innovation initiatives that it has undertaken over the past year, as part of its ongoing efforts to make the city a competitive and attractive maritime cluster...