DP World said it has been granted a 10-year extension to its concession to operate the multipurpose terminal at the Port of Luanda, Angola, extending the concession term through to 2051. Since launching its operations in 2021, DP World has invested more than $260 million to its upgrade and modernisation.
DP World has pledged to invest an additional $5 billion in India to strengthen its integrated supply chain network, which supports both exports and domestic trade. This is in addition to the $3 billion that DP World has already invested in India over the past three decades.
DP World has announced the deployment of 17 new Automated Electric Rubber-Tyred Gantry (AeRTG) cranes at its South Container Terminal in Jeddah port as part of its plan to boost operational efficiency, strengthen cargo-handling and reduce emissions. These AeRTGs can cut annual CO₂ emissions per crane by 64%.
DP World on Friday (October 2) announced the opening of a new contract logistics distribution centre in Bang Na expanding its logistics capacity in Thailand and strengthening its ability to support customers across key manufacturing and consumer sectors.
DP World has launched a new strategic shipping route linking Jebel Ali with Berbera Port in Somaliland. Operating every nine days, it enhances DP World’s global network and reinforces Berbera’s position as a key maritime gateway in East Africa.
DP World, a leading provider of smart end-to-end logistics solutions, has appointed Jason Varsamidis as the new CEO and Managing Director for Asia Pacific region. In this role, he will lead the company's Asia Pacific portfolio of ports, terminals and logistics businesses across 22 geographies.
DP World, a supply chain solutions leader, said it has strengthened its electric internal terminal vehicle (eITV) fleet at Jebel Ali Port to 146 units. These are mainly used to shuttle containers between quay cranes, yard stacks and gate.
DP World has begun the next stage of construction on its striking new global headquarters at Expo City Dubai, an eight-storey landmark designed to embody innovation, sustainability and the future of global trade.
Petrochem Middle East has inaugurated its AED 300 million ($81.6 million) petrochemical terminal and corporate headquarters in Jebel Ali, expanding industrial logistics capacity and supporting the objectives of the Dubai Economic Agenda D33.