DUBAI 6 May 2019: Mikko Korhonen took a giant step towards a second appearance at the season-ending DP World Tour Championship after surging into the top 20 of the European Tour’s Race to Dubai after […]
DUBAI 18 April 2019: A new international joint venture that aims to change the way that containers are handled in ports has been launched by DP World and SMS Group. “Boxbay” represents a new and […]
DUBAI 5 April 2019: A London Tribunal has ruled Djibouti has breached Doraleh Container Terminal rights and has ordered Djibouti to pay DCT $385 million plus interest for breach of DCT’s exclusivity. Doraleh Container Terminal SA […]
DUBAI 15 March 2019: DP World announced strong financial results for the year ended 31st December, 2018. On a reported basis, revenue grew 19.8% and adjusted EBITDA increased 13.7% with adjusted EBITDA margin of 49.7%, […]
DUBAI 21 February 2019: DP World yesterday announced the acquisition of the holding company of P&O Ferries and P&O Ferrymasters (together P&O Ferries) for a purchase consideration of GBP322 million (US$421m). The buy implies a 2017 […]
DUBAI 6 February 2019: DP World has handled 71.4 million Twenty-Foot Equivalent Units (TEU), across its global portfolio of container terminals in the full year of 2018, with gross container volumes growing by 1.9 per […]
DUBAI 5 February 2019: P&O Ports, a Dubai Government owned entity, confirms the death of an employee at Bossaso Port, Puntland yesterday. Three other employees have been injured in this morning’s incident, and all are currently […]