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Gulftainer implements MACH terminal operating systemGulftainer, the world’s largest privately owned independent port operator, has announced the successful implementation of a state-of-the-art marine and container handling (MACH) terminal operating system (TOS), marking a major technology u More… |
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DP World plans $1bn convertible bondDP World plans to raise $1 billion with a convertible bond issue of 10 years duration on Thursday to fund growth opportunities and diversify its funding sources, the Dubai-based ports operator said in a statement. The issue is a r More… |
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Dubai's DP World in talks for $3bn loanDubai-owned port operator DP World is in talks with lenders to triple the size of an existing $1 billion loan, as well as extend the lifespan and cut the interest rate, seeking to take advantage of investors' renewed confidence in the emirat More… |
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Gulftainer eyes $500m Russia, Asia buysGulftainer Company, the United Arab Emirates' second largest ports operator, has set up a $500 million fund with Russian partners as it eyes more acquisitions in Russia, the Gulf and Asia, its vice chairman said on Monday. The ports operat More… |
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Credit Suisse raises DP World to outperformDP World, the world's third-largest port operator, is set to benefit in the long term from its presence in regions that have been less hit by the economic downturn and from investments in its existing and new facilities, Credit Suisse said. More… |
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DP World sells stake in UK container services firmDP World, the world's third-largest port operator, sold its 34 per cent stake in UK-based Tilbury Container Services for $75.48 million, it said in a statement on Thursday. The port operator sold the stake in the deep-sea container ser More… |
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DP World plans quay extensionLeading port operator DP World said it plans to construct a 400 metre quay extension at its flagship Jebel Ali Port aimed at boosting the capacity at its facility by one million TEUs (twenty-foot equivalent container units) to More… |
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Credit Suisse downgrades DP WorldCredit Suisse downgraded DP World to "neutral" from outperform as it sees trade growth slowing down for the port operator in the second half. "Some weakness in global trade seems unavoidable according to the recent leading indicators More… |
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DP World rolls out “Beat the Heat” campaignLeading port operator DP World, has launched a “Beat the Heat” campaign at all its UAE facilities, detailing practical ways to safeguard against the dangers of prolonged heat and sun exposure. “Beat the Heat” consists of two “Fitness More… |
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DP World rolls out “Beat the Heat” campaignLeading port operator DP World, has launched a “Beat the Heat” campaign at all its UAE facilities, detailing practical ways to safeguard against the dangers of prolonged heat and sun exposure. “Beat the Heat” consists of two “Fitness More… |
