Shipping
DP World to expand Jebel Ali Container Terminal
- Details
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.
Gulftainer signs US$275mn port deal with Russia
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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.
Maersk Line to resume Libya service
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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.
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.
Topaz wins contracts worth US$160mn
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Topaz Energy and Marine recently signed long-term vessel support contracts with various clients totaling US$160mn.
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