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Browsing: DP World
Dubai-based logistics giant DP World is moving forward with a $1.3B (GBP 1B) investment in its London Gateway port, as confirmed by the British government on Sunday. This comes after reports surfaced last week claiming the project had been paused in protest.
Emirates NBD, one of the foremost banking groups in the MENAT region, has joined forces…
British International Investment (BII), the UK’s development finance institution, has pledged up to $35M for the first phase of a new container port in the Democratic Republic of Congo (DRC). The Port of Banana will be the DRC’s first deepwater container port, enhancing the country’s access to global markets and unlocking significant trade potential.
A US court has decided to enforce a $200M award against the Government of Djibouti in favour of DP World, marking another victory for the company in its ongoing legal dispute over the Doraleh Container Terminal (DCT) concession.
In a landmark agreement aimed at bolstering Dubai’s status as a global hub for automotive…
Dubai will establish “the world’s largest” logistics centre for food trade as part of its efforts to diversify its economy and enhance investment prospects.
Major New Logistics Project Announced Dubai plans to double the current size of its fruit…
A significant investment of $400M by DP World, based in Dubai, has boosted the container handling capacity of the South Terminal at the Port of Callao by 80%. This makes Callao one of the leading ports in South America capable of accommodating three vessels simultaneously, or two mega-vessels, following the extension of the Bicentennial Pier near Lima. The pier has been expanded from 650 meters to 1,050 meters as part of DP World’s strategy for Latin America, increasing annual handling capacity from 1.5 million to 2.7 million TEUs (twenty-foot equivalent units) and expanding the container yard space to 40 hectares.
DP World has teamed up with Einride, a freight mobility company, to electrify container movements within Jebel Ali Port, ranked the world’s 10th busiest port by Alphaliner. This partnership will introduce the largest deployment of electric, autonomous freight mobility in the Middle East, operating continuously to reshape regional transportation.
Dubai, UAE, 07 February 2024: The first UAE Property Forum concluded at the Tivoli Mofarrej…