Thursday 30 October 2014
 
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DP World

Gulf shipping aims to benefit from global trade growth

Gulf counties will aim to capitalise on 4.5 per cent forecasted 2014 growth in global trade and the economies of scale presented by bigger ships and alliances, according to maritime experts. The Middle East is investing heavily in

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DP World throughput jumps 9pc to 45m TEUs in nine months

DP World, a UAE-based marine terminal operator, handled 44.8 million TEU (twenty-foot equivalent units) across its portfolio of container terminals during the first nine months of 2014, with gross container volumes growing by 9 per cent compared

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Jebel Ali’s new terminal receives first vessel

DP World, Dubai’s marine terminal operator, today (October 22) welcomed the first scheduled vessel to its new Container Terminal 3 in Jebel Ali, Dubai, UAE. The ‘APL Phoenix’ was welcomed by DP World chairman Sul

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Expo 2020 Dubai, DP World launch workshops

Expo 2020 Dubai has held the first industry exploratory session in partnership with DP World as part of the preparation to host the international event. The session, conducted with over 30 stakeholders in the supply chain sector,

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Port operators join hands to combat global warming

DP World and Hutchison Port Holding (HPH) have joined hands to combat global warming in a ‘Waste Reduction Campaign,’ that seeks to will multiply the effect of their individual efforts to curb global greenhouse emissions.

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DP World unit takes majority stake in Spain's Repasa

P&O Maritime, a subsidiary of Dubai's DP World, one of the world's largest port operators, has bought a majority stake in Spain's Remolcadores de Puerto y Altura (Repasa), the acquirer said in a statement. The deal

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Dubai World offers collateral, early cash on $25bn debt deal

State-owned conglomerate Dubai World is offering creditors a series of incentives to lengthen a $25 billion debt restructuring deal, including shares in global ports firm DP World as collateral, sources aware of the matter said. T

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DP World’s like-for-like profit up 41pc in H1

Global marine terminal operator DP World has reported profit attributable to owners of the company before separately disclosed items of $332 million for the six months to 30 June, 40.8 per cent ahead of the first half of 2013 on a like-for-like

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DP World global container volumes up 9.3pc

DP World handled 29.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first half of 2014, with gross container volumes growing by 9.3 per cent on a like-for-like basis.  

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DP World signs $3 billion loan deal

DP World, a leading port operator, has signed a $3 billion loan deal, becoming the latest Dubai entity to take advantage of buoyant funding conditions to improve terms on its debt.   The new five-year facility is

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