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Monday, 08 February 2016 15:14

DP WORLD REPORTS 3.0% VOLUME GROWTH IN 2015

DP World Limited handled 61.7 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2015, with gross container volumes growing by 3.0% on reported basis and 2.4% on a like-for-like basis.

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DP World is pleased to announce the appointment of His Excellency Sultan Ahmed bin Sulayem as Group Chairman and Chief Executive Officer with immediate effect. His Excellency became Chairman of DP World in May 2007 and has overseen DP World's expansion, including the acquisitions of CSX and the P&O Group to become a leading global marine terminals operator.

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Sharjah, UAE; December 28, 2015: Gulftainer, a privately owned, independent terminal operating and logistics company, has achieved yet another milestone, as its Khorfakkan Container Terminal (KCT) completed 4,073 container moves in a single 12-hour shift. This achievement has defied industry belief that the 6,000 moves in a 24-hour period target for shipping lines since the inception of the mega-ship is not possible.

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Salalah, Oman – The Port of Salalah, a major Arab Gulf regional gateway port and transshipment hub on the Arabian Sea, has inaugurated a new deep-water General Cargo and Liquid Bulk Terminal, adding 20 million tons of dry cargo and six million tons of liquid bulk cargo annual handling capacity. The 1266 meter quay offers two 320 meter-long General Cargo berths, two 300 meter-long liquid bulk berths and a depth of 18 meters.

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Annual handling capacity at Khalifa Port Container Terminal will grow to 2.5 million twenty-foot equivalent units from the current 1.9 million

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The expanded, new multi-purpose distribution center will serve the Levant Region and beyond with easy access to Red Sea shipping calling Jordan’s primary port.

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DP World has released report on the role of ICT in the Port and Logistics sector, issued as part of the first ever Innovation Week in the UAE.

Sharjah, UAE; November 19, 2015: Gulftainer, a privately owned, independent terminal operating and logistics company, has reached another significant milestone with a combined throughput of 1 million TEUs at its terminals in Umm Qasr Port in Iraq, since they were commissioned by the Sharjah based company in 2010.

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Monday, 09 November 2015 10:21

KICT achieves 10 Million TEU Milestone

[Karachi – 6 November 2015) Karachi International Container Terminal (KICT) has handled 10 million TEUs (Twenty-Foot Equivalent Unit) since the start of commercial operations in 1998, becoming the first container terminal operator in Pakistan to achieve this milestone.

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DP World Limited handled 46.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first nine months of 2015, with gross container volumes growing by 3.2% on a like-for-like basis. On a reported basis gross volumes grew by 3.7%.

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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.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

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