Sultan Ahmed Bin Sulayem, chairman and CEO of DP World, expressed his frustration over the UK's Brexit uncertainty during the World Government Forum in Dubai.
The UAE handled 15 million TEU in 2018, down 2.7 percent year-on-year.
In a statement, the global port operator which runs the Bossaso Port, said three others were injured during the attack.
DP World will take a cautious approach with regard to supply chain and investments says Sulayem
Following the closure of the transaction, DP World Australia will become a consolidated entity within the DP World Group and is expected to be earnings neutral in the first full year of ownership.
Chairman and CEO, Sultan Ahmed Bin Sulayem, says tariffs in Africa are 50% higher in than in Latin America and Asia
The move marks a continuation of DP World’s global expansion, with South America becoming an increasingly important region for the global port operator.
The container handlers can tandem lift two empty 40ft containers and stack higher than the terminal’s current machines.
The terminal operator says the new corridor will see close collaboration between customs authorities and logistics providers in the UAE, Saudi Arabia, Jordan, Syria and Lebanon to create a more efficient flow of goods to the war-torn country.
The headline projects were the launch of DP World Cargospeed with Virgin Hyperloop One and the game-changing high bay storage system for containers at Jebel Ali.
More than 1,500 vehicles have been installed with RFID across three terminals. The RFID system will reduce fuelling time for DP World's fleet and enhance the efficiency of operations at DP World's container terminals.
A new and intelligent storing system will be applied for the first time ever at Jebel Ali Terminal 4, in time for the Dubai Expo 2020 world fair.
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