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Formed in 2005 by the merger of Dubai Ports Authority and Dubai Ports International, DP World handles 70 million containers that are brought in by around 70,000 vessels annually. This equates to roughly 10% of global container traffic accounted for by their 82 marine and inland terminals present in over 40 countries.
In late 2023, DP World added new cranes, e-RTGs and expanded yard space, boosting the total capacity to 1.4 million TEUs per year. [5] On completion of the third phase, the terminal will be able to handle 5.5 million Twenty-foot equivalent units (TEUs) of cargo per annum. [ 4 ]
Jebel Ali port is one of DP World's flagship facilities and have been ranked as 9th in Top Container Port Worldwide having handled 7.62 million TEUs in 2005, which represents a 19% increase in throughput, over 2004. [15] Jebel Ali Port was ranked 7th in the world's largest ports in 2007. [16] Jebel Ali port is managed by state-owned Dubai Ports ...
Dubai Maritime City (DMC) is a multipurpose maritime zone. It is a member of the DP World group of companies. [1] Maritime city was expected to be fully operational by 2012, and by January 2021 had completed 80% of the first phase's infrastructure works. [2]
Dubai's DP World, one of the world's largest port operator's, said on Monday it would delist and return to full state ownership in a deal valuing the company at $13.9 billion. DP World operates ...
Dubai-based port operator DP World reported Thursday its half-year profits fell by nearly 60%, in part over the ongoing attacks by Yemen's Houthi rebels over the Israel-Hamas war that have ...
The Dubai state-owned company's $420 million dollar drop in profits for the period between January to June was due largely to a decline of nearly 4% in container volume at DP World ports.
The DP World Tour Championship is a golf tournament on the European Tour and is the climax of the Race to Dubai. It is contested on the Greg Norman-designed Earth course at the Jumeirah Golf Estates in Dubai, United Arab Emirates. The title sponsor is DP World, based in Dubai. [1]