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THE EXECUTIVE Council of the Emirate of Abu Dhabi and Abu Dhabi Ports Company (ADPC), the state-run owner of Khalifa port, are at a critical stage of tying up funding for the new container port in Abu Dhabi, a well-placed industry source has revealed.

Published in Finance Deals

TRANSHIPMENT will allow Abu Dhabi Terminals to expand part of its container trade at the newly opened port of Khalifa, in the United Arab Emirates, Ole Pugholm Chief Finance Officer, of Abu Dhabi Terminals, Khalifa's operator said on Monday.

Published in Emerging Economies

INDUSTRY sources in the United Arab Emirates (UAE) have played down any concerns over the impact of Abu Dhabi’s giant new $7.2bn Khalifa port and industrial zone on existing container trades and capacity at competing ports in the region.

Published in Features / Interviews

TRADE at port terminals in emerging economies helped lift DP World’s first half pre-tax profits 1.5% to $310m, the global port operator said on Wednesday.

Published in Emerging Economies

APM TERMINALS reported a 30.3% rise in net profits which climbed from $303m to $395m during the first half of 2012 largely thanks to the sale of non-current assets and an increase in volumes, the Danish company said on Wednesday.

Published in Finance Deals

MOMBASA, East and Central Africa's main gateway port is  building a  $21.4 m security system that will be in operation by March 2013, Mombasa Port Authority's managing director, Gichiri Ndua, said on Wednesday.

Published in Security / Environment

SAUDI Port Authority  (SPA) signed contracts valued at 615 million riyals ($164m) to expand its port facilities, the Saudi Press Agency reported, citing Abdulaziz al-Tuwaijri, Chairman of the SPA.

Published in Finance Deals

British port investment and management company, Port-Evo (Port Evaluation ) is to build and operate a large greenfield port North of Izmir Turkey, Port Finance International can reveal.

Published in Emerging Economies

ISRAELI container port technology company HTS (Hi-Tech Solutions) has won an order from Tecondi Container in Santos, Brazil for 20 truck Optical Character Recognition (OCR) gates and 2 OCR rail portals, HTS said on Friday.

Wednesday, 01 August 2012 01:00

DP World first half volumes up 7.5%

ASIA Pacific and the Indian Subcontinent were the main drivers of DP World’s overall 7.5% container volumes growth registered during the first six months of 2012, the Dubai-based company said on Wednesday.

Published in Emerging Economies

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Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

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