Across terminals where DP World has operational control, the company handled 27.4 million TEU, an increase of 7.5 per cent year-on-year
Port security should not be seen as an obstacle to trade but as a core pillar of competitiveness, says Sykes
The company reported that net profit for the year was $1.5bn, down 2 per cent, primarily due to higher finance costs
AD Ports Group’s expansion into Angola follows the signing of a 2023 framework agreement between the company and the Angolan government
With the addition of CMA Terminals Khalifa Port, the facility’s annual container capacity has surged by 23 per cent, bringing the total to almost 10 million TEUs
The equipment will be deployed at its terminal projects in Pointe Noire, Republic of the Congo, and Luanda, Angola
The state-of-the-art, rail-linked, and custom-bonded intermodal logistics hub in Georgia is scheduled to begin operations in October
The enhancements will enable the handling of a wider variety of vessels from traditional dhows to Ro-Ro, bulk and container carriers
ADPorts Group could invest in an entity established by the Turkey Wealth Fund to run the Aegean coast port of Izmir, reports Reuters
DP World has committed to becoming carbon neutral by 2040 and net zero carbon by 2050
Dubai’s reputation as one of the top global shipping hubs is further entrenched amid a rise in customs transactions this year.
Dubai is the only Arab city on the Index that features 20 of the world’s most prominent international maritime centres
The alliance marks a new chapter in the growth of the port’s maritime services
The decision outlines five important changes which will help ensure the adoption of global best practices across Dubai’s maritime ecosystem
AD Ports will hold exclusive rights to invest in and oversee the development, operation, management and maintenance of the New East Mole Port
When completed, the port will operate at net carbon zero levels with 100 per cent renewable energy at source
With this expansion, Khalifa Port will expand its range of port and marine logistics services, from container and cargo handling to vessel repairs and maintenance
Dubai Customs has been active in recycling counterfeit goods with more than 93 recycling operations that targetted 173,000 counterfeit items last year
The emirate has a strategic location on the country’s east coast and is a key shipping hub
DP World’s plans include replacing its global fleet of assets from diesel to electric, investing in renewable power and exploring alternative fuels
The new milestone surpassed the previous record set in June 2022 by 11,031 TEUs
More than 25 per cent of the new companies registered in the free zone belonged to the retail and general trading segment
Growth was driven by a strong performance across DP World’s Asia Pacific, Americas and Australia terminals
DUQE has allied with PCFC to offer full integrated support to entrepreneurs to help them set up and expand their business
AD Ports signed an MoU with the Egyptian Group for Multipurpose Terminals, the commercial arm of the Egyptian Ministry of Transportation
DP World Limited handled 18.9 million TEU across its global portfolio of container terminals in the first quarter of this year
The Suez Canal Authority has said compensation is needed to cover losses of transit fees
Webb Fontaine using AI to streamline port and customs operations
The kingdom resumed international flights from September 15 in a phased manner
Residents and visitors are also mandated to adhere to approved quarantine protocols