Shipping

Cargotec to partner with DP World in port automation project

london-gateway

Cargotec has been chosen as the preferred partner to supply 40 Kalmar automatic stacking cranes with related technology and 28 Kalmar shuttle carriers to DP World's deepsea container port London Gateway.

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DP World to expand Jebel Ali Container Terminal

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DP World has announced the construction plans of a 400-meter quay extension at its flagship Jebel Ali Port, increasing the capacity at the facility by one million TEU to 15mn TEU.

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Gulftainer signs US$275mn port deal with Russia

Gulftainer-port

The UAE's Gulftainer has signed an agreement to co- develop and operate Ust-Luga Port near St Petersburg in Russia for a total cost of US$275mn.

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Maersk Line to resume Libya service

Maersk Line, the world’s biggest container shipping line, will resume its cargo service to Libya on Sept. 8 in its first shipment since February, a spokesman said.

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DP World first half year profits rebound

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DP World posted strong results for the first six months of 2011 of $741mn, up from US$219mn in the same period last year, which was boosted by the one-time gain for the Australia business.

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