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dp-world

DP World Sets Container Handling Record in 2024

DP World’s ports and terminals handled a record 88.3 million twenty-foot equivalent units, or TEUs, in 2024, up 8.3 percent year-on-year despite macroeconomic headwinds and concerns over the outlook for global trade.The Middle East logistics giant, whose global logistics business has capacity to handle more than 100 million TEU across operations in 78 countries, benefitted from long-term infrastructure investment contributing to strong growth and new services calling at its terminals.While ... [+]

DP WorldDP World Begins Ecuador Port Berth ExpansionDP World

DP World, the Middle East-based logistics and supply chain solutions giant, has commenced its berth expansion at the Port of Posorja in Guayaquil, Ecuador.The project will significantly increase DP World’s terminal capacity at the deepwater port, consolidating Posorja’s role as a strategic gateway for international trade and driving Ecuador’s economic ... [+]

IATA Certifies DP World for Brazil Air Freight

Supply chain solutions provider DP World said it has earned International Air Transport Association certification in Brazil, enabling it to provide domestic and international air freight services.DP World said the certification enhances its ability to deliver secure, agile and efficient cargo transportation solutions throughout the logistics process.Securing IATA certification gives ... [+]

DP World Pursues Operating in Mexico, WSJ

Global port terminal operator DP World is talking to the Mexican government about beginning operations in the country, enabling the Dubai-based giant to handle cargo heading into the U.S. from the South, the Wall Street Journal reported Sept. 25.In June, DP World initiated an intermodal container solution to transport cars ... [+]

DP World moves further ahead into vertical integration

DP World (DPW) has acquired Transworld Group’s three business units - Transworld Feeders FZCO (Middle East focus feedering business), Avana Logistek Ltd (including its subsidiary Avana Global FZCO - non-vessel operating common carrier (NVOCC) Middle East business) and Transworld Feeders Pvt Ltd (the containerised Indian coastal and EXIM feeder shipping ... [+]

DP World Joins with TradeLens

DP World has completed the early stages of integration with TradeLens a blockchain-based digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM. The collaboration between DP World and the TradeLens platform will help accelerate the digitization of global supply chains. DP World aims to connect ... [+]

DP World decides to delist

Drewry Shipping Consultants Limited recently report that DP World has recently announced its intention to delist from Nasdaq Dubai citing the board’s decision that the disadvantages of remaining listed outweigh the advantages. Even though Drewry executives share the company’s view, they state that they believe the decision to delist ... [+]

DP World to operate ports along Russia’s Northern Sea Route

An agreement has been struck by which DP World will run ports that Russia plans to build along the northern sea route (NSR) in the Arctic to shorten shipping times between the east and west. The Russian Direct Investment Fund, an investment fund of the Russian Federation, which is making the ... [+]

DP World Announces Closing of Continental Warehousing Corporation (India) Transaction

Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced on July 18 that the transaction to acquire 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd in India has now closed. CWCNSL’s founders, the Reddy family, will retain the ... [+]

Development of Economic Zone in Sokhna, Egypt

Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZone), and Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, signed a partnership agreement on November 7 to develop an integrated industrial and residential zone at Sokhna in Egypt, in the ... [+]

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