Acquisitions boost DP World’s H1 revenue to $3.4 billion
The firm reported a 27 percent increase in profit for the first half of 2019...
Category : Ports and Shipping
Overseas business spurs profit surge at port operator ICTSI
H1 2019 revenues increase by 14% to $751.8 mn from $661.8 mn during the same period of the previous year...
UNCTAD: Shanghai is the world’s best-connected port
The Port of Shanghai garners a connectivity score of 134 points in United Nations body’s index...
Jurong Port: Singapore retains top clean fuel bunkering port spot
The new facility has a capacity to store up to 252,000 cubic metres of clean, low-sulphur petroleum...
DP World, Maspion to develop $1.2bn logistics park in Indonesia
The Emirati-Indonesian joint venture marks the first public-private partnership for Indonesia’s transportation sector...
Sinopec’s Sri Lanka unit to supply ships transiting major maritime route
Sinopec is China's latest investment in Sri Lanka and is important to its Belt and Road Initiative’s infrastructure plan...
Singapore ranks first among world’s maritime centres for sixth straight year
The evaluation scores reflects Singapore's strength in ship management and shipbroking services...
DP World raising $1 bn bonds to buy Topaz Energy and Marine
Citi and Standard Chartered Bank will help DP World arrange a series of investors meetings ahead of the Islamic bond issue...
Tangier Med port to make Morocco an African foreign investment gateway
The expanded port is set to become the Mediterranean’s largest port in terms of container capacity...
Singapore begins Tuas Port’s phase 2 construction using modern tech
The completed Tuas project will have a capacity to handle up to 65 million TEUs annually...