DP Worlds profits surged by 82 per cent in 2011. (Image source: DP World)
DP World reported that full year profit increased by 82 per cent to US$683 million, helped by increased cargo volumes, compared to $375 million in 2010
Qatar has awarded its second contract worth US$1.2 billion to the Middle East Dredging Company for the dredging works at the New Doha Port.
ADPC nearing completion of Phase I of Khalifa Port.
Abu Dhabi Ports Company (ADPC) received three new Super Post Panamax Ship to Shore (STS) container cranes and reaffirmed that Khalifa Port will open in the fourth quarter of this year.
Iraq will start to invite bids for the first phase of the US$6mn Grand Faw port in the South of the country, Iraq?s port company said.
Cargotec expands portfolio with an automated lashing platform.
Cargotec has expanded its portfolio with an automated lashing platform for quayside twistlock handling.
