port operations

DP World diversification push pays off in H1 2018 results
The revenue growth was driven by containerised volume growth across all three regions and the impact of new acquisitions including Drydocks World LLC (Drydocks), Dubai Maritime City (DMC) and Cosmos Agencia Marítima (CAM), the company said in a statement.
DP World braces for tough second quarter results after strong start in H1 of 2018
At a consolidated level, DP World’s terminals handled 18.6 million TEU in H1, a 4 percent increase on a reported basis and a 4.5 percent year-on-year increase on a like-for-like basis.
Embraport in Brazil to become DP World Santos
DP World has completed the acquisition of an additional 66.67% stake in Empresa Brasileira de Terminais Portuários (Embraport) in Brazil from Odebrecht Transport (OTP).
DP World launches Emirati Abroad internship programme
DP World has launched an internship programme for Emiratis studying abroad at the Annual UAE Student Forum in Washington DC.
DP World’s Jebel Ali T3 gets 1.5-million TEU capacity boost
First of 84 new STS automated gantry cranes arrive with retrofitted equipment servicing global shipping alliances.
Abu Dhabi Ports orders three new tug boats
Abu Dhabi Ports has ordered three new tug boats during the Sea Trade Offshore Marine & Workboats Middle East 2017 (SOMWE).
DP World sharpens focus on African expansion
UAE port operator DP World is developing major port and logistics hubs in West and North Africa as it seeks to tap into burgeoning trade between the Middle East and the continent.
DP World makes rare rebuke on Jakarta in Indonesia pull-out
DP World is pulling out of Indonesia due to contract renewal terms offered by the Indonesian authorities that “did not meet [DP World’s] threshold for continued investment”.
Gulftainer executive wins CEO of the Year at CEO Middle East Awards 2017
Gulftainer’s Flemming Dalgaard named industry CEO of the Year at CEO Middle East Awards 2017.
CMA CGM Virginia makes maiden call in Khorfakkan
The maiden call of the CMA CGM Virginia marks yet another milestone for Gulftainer and Khorfakkan Container Terminal.
SOHAR breaks container throughput record
Despite on-going issues in the maritime industry and the continued lull in global oil prices, SOHAR container volumes in Q2 of 2017 grew by 11% from the same quarter last year.

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