DP World
DP World establishes integrated global management structure
DP World, one of the world’s top three container terminal operators, has established a new management and business structure, integrating the P&O businesses acquired in March. The terminal business will consist of seven regions, with a lean, Dubai-based head office led by CEO Mohammed Sharaf (details below). P&O’s other businesses, P&O Ferries, P&O Estates... »
Pusan Newport sets the new productivity pace for Busan
The new container terminal Pusan Newport Co (PNC) in South Korea, is continuing to achieve remarkable levels of high productivity. Global port operator and developer, DP World, and Samsung Corporation are the joint-lead sponsors and investors in the PNC project together with the Republic of Korea Government. DP World has been contracted as the... »
DP World to build new terminal at Port of Djibouti
Global terminal operator DP World is delighted to announce plans to develop a new container terminal facility in Doraleh at the Port of Djibouti. The US $300 million investment will enable DP World to handle an additional 1.5 million TEU annually. This investment is the latest of a number of large scale development projects... »
DP World’s acquisition of the Peninsular and Oriental Steam Navigation Company (‘P&O’)
DP World is pleased to announce that it has completed the acquisition of P&O. P&O’s shares have now been delisted. Consideration is expected to be dispatched to Stockholders on Thursday, 16 March. The deal makes DP World a top three global port operator, with 51 terminals in 30 countries, across 5 continents. DP World... »
DP World-UAE records impressive growth
DP World-UAE, the region’s leading port operator, has announced that it has recorded another year of impressive growth in container throughput for 2005, handling 7.62 million TEUs (twenty-foot equivalent container units), which represents 19 per cent growth for 2005 compared with 2004. DP World is ranked 7th largest container terminal operator worldwide by throughput,... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum