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.
Changes have been made across 30 separate shipping routes operated by the Ocean Alliance
The 2,700 TEU ship was under way in the Gulf of Guinea on Wednesday when the attack occurred.
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.
The GCC region has the potential to become a global trade hub, and to do this port operators and other stakeholders in logistics need to collaborate says Rayan Mustafa Qutub, CEO, King Abdullah Port.
Plastic has been highlighted as one of the biggest environmental threats facing the world by the UN.
Chinese shipping giant COSCO and Abu Dhabi Ports have inaugurated the CSP Abu Dhabi Terminal at Khalifa Port, a dedicated container terminal for COSCO and its subsidiaries.
DP World chairman says group's focus will remain on port operations, but Unifeeder purchase diversifies capabilities and customer options.
The route between Iran’s port city of Jask and the Omani port of Al Suwaiq, joins three others already in operation.
According to a joint statement, the new platform aims to connect various stakeholders, including carriers, terminal operators, customs agencies, shippers and logistics service providers, to enable collaborative innovation and digital transformation in the supply chain.
Transmar will be spearheading the export drive of lemons, limes, tangerines, grapefruits and especially oranges using containers from its home port of Adabiya ideally located on the Red Sea.
Major topics for the fourth edition of the event include market drivers for project cargo; challenges faced by project forwarders; financing and management of project transport risk and who bears the burden of the risks involved.
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