Friday 29 March 2024
 
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Marine operator

Key GAC officials take on new roles

GAC Group, a global provider of shipping, logistics and marine services, has moved four top executives to new roles to handle key challenges. Peter Österman moves to his native Sweden to take on the new role of commercial man

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DP World to disclose H1 results on August 27

Global marine terminal operator DP World will announce its financial results for the first half of 2015 on August 27 at 9am (UAE time) via Nasdaq Dubai. A copy will be available on the company’s website (dpworld.com) in the

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Milaha Q3 net profit up 5.5pc to $225m

Qatar Navigation (Milaha), a leader in marine services, has posted a net profit of QR821 million ($225 million) for the first nine months of the year as against QR778 million ($213.5 million) for the same period in 2013, an increase of 5.5 per c

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DP World wins top Mumbai terminal project

Dubai-based global marine operator DP World has received the Letter of Award from Jawaharlal Nehru Port Trust India to build and operate a single berth facility of 330 metres quay length at Nhava Sheva, Mumbai. The new facility is expec

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DP World handles 14.m TEU in Q3, down 1pc

Dubai-based global marine operator DP World handled 14.2 million TEU (twenty-foot equivalent units) in the third quarter of 2012, marking a 1 per cent decrease compared to the same period last year. The decrease reflected the dive

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DP World container volumes up 7.5pc

Dubai-based marine operator DP World has registered a 7.5 per cent jump in container volumes in the first half over last year handling 28.2 million TEU (twenty foot equivalent units) across its global portfolio of over 60 marine terminals.

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DP World $1bn loan attracts big demand

DP World, the world's third-largest port operator, has attracted strong demand from both local and foreign banks for a  $1 billion loan it wants to raise to help refinance a $3 billion facility maturing in October, bankers told Reuters.

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DP World posts record container volumes in 2011

DP World, a leading global marine terminal operator, has posted a record year for container handling, with over 54.7 million TEU (twenty-foot equivalent container units) handled in 2011, an increase of 10 per cent over 2010. Like for like

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DP World starts Hamriya port upgradation

DP World, one of the largest marine terminal operators in the world, said it has started upgradation of the Al Hamriya Port in Dubai. The work has already started on the first phase of modernising the small and busy general cargo facility

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DP World business dips 10pc Jan-April

DP World, a leading global marine terminal operator, said that due to unpredictable trends in global trade, the volume of its business has declined 10 per cent in the first four months of 2009. The declaration was made today (May 28) by Mo

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