Yard capacity to increase; quay length to extend to 650m and berth deepened to 16m; various new technologies to be implemented
container terminal
Latest in container terminal
container terminal
Maersk signs 8-year agreement for expanded use of DP World’s terminal in Brazil
In the first year, Maersk will launch six new services with eight weekly calls, increasing to seven services and 10 weekly calls in 2026
container terminal
DP World’s container handling volumes hit record high in 2024
The record performance was despite macroeconomic headwinds and concerns over the outlook for global trade
Abu Dhabi
AD Ports Group awards construction contract for Egypt’s Safaga Terminal
The project will feature a 48,000 sqm concrete apron, an 80,354 sqm container terminal with supporting infrastructure, and approximately 66,360 sqm for general cargo and break-bulk operations
Abu Dhabi
AD Ports Group awards crane contracts for Africa terminal project to Chinese company
ZPMC is to supply six ship-to-shore cranes, and 17 hybrid rubber tyred gantry cranes
container terminal
DP World posts 3.3% revenue growth despite Red Sea and other challenges
H1 2024 revenue up to $9,335 million; EBITDA at $2,497 million; Bin Sulayem “optimistic” about medium- to long-term prospects
cargo vessels
Gulftainer’s GSCCO welcomes first Ro-Ro vessel Grande Dakar at Jubail container terminal
The efficient management of the Grande Dakar vessel at the Jubail Container Terminal highlights GSCCO’s capability to manage complex logistics with precision and speed
container terminal
Dubai’s DP World invests $510m in Indian container terminal
DP World to develop mega-container terminal at Kandla in Gujarat
container terminal
DP World maintains strong growth; posts 13.9% revenue increase
Adjusted EBITDA grew 7 percent on higher revenue growth and EBITDA margin for the year stood at 28.9 percent
container terminal
DP World to add 3mn TEU container handling capacity this year
The expansions will take DP World’s total gross capacity to 93.6 million TEUs.
container terminal
DP World bags concession to build and operate mega-container terminal at Deendayal Port in Gujarat
Dubai container terminal giant DP World already operates five marine terminals in India – two in Mumbai, one each in Mundra, Cochin and Chennai – with a combined capacity of approximately 6 million TEUs
cargo operations
DP World’s spectacular performance and fiscal policies earns Moody’s upgrade
The credit rating agency praises DP World’s diversified global operations and how it reduced net debt to EBITDA below 4.0x
container terminal
Saudi Ports Authority adds Sea Lead to its new freight service ‘FAM’ at King Abdulaziz Port
The announcement coincided with the launch of the added EJBS service from the Emirates Shipping line, connecting Shuwaikh Port in Kuwait, Port of Jebel Ali in the UAE and Khalifa bin Salman Port in Bahrain to the Dammam port
container terminal
Saudi port sector registers 15.33% jump in container handling to 694,517 TEUs in October
The overall cargo throughput witnessed a 3.34 percent increase from 25,858,562 tonnes in October 2021 to 26,722,044 tons this year
Aladin Express
Mawani announces launch of Gulf-India Express 2 from Dammam’s King Abdulaziz Port in bid to boost trade
The new service will connect the capital of the Kingdom’s Eastern Province to the ports of Jebel Ali in the UAE, Khalifa Bin Salman in Bahrain, Hamad in Qatar, and Mundra in India
acquisitions
AD Ports buys majority stakes in Egyptian maritime companies for $140 million
AD Ports Group, which was established in 2006, owns and operates 10 ports in the UAE
container terminal
Dubai’s DP World growth way ahead of industry at 3.5 percent in second quarter
Chairman Sultan Ahmed Bin Sulayem maintains a positive outlook for the second half of the year despite uncertain economic conditions